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…Says state can generate foreign exchange through gas exports
From Aniekan Aniekan, Calabar
Minister of State for Petroleum Gas, Hon. Ekperikpe Ekpo, has stated that Cross River is well placed to attract methanol projects and also generate significant revenue from gas exports.
The Minister disclosed this in his keynote address during the Niger Delta Oil and Gas Investment and Security Summit. Speaking through his Special Adviser, Abel Nsa, the minister said: “Developing a methanol plant here will create jobs and position the state as a base for gas-based industrialization.
“Through the Eastern horizon pipe, gas is transported from Akwa IbomState and terminates at the UNICEM factory in Cross River.
“This infrastructure is a unique opportunity for Cross River State to serve as a gateway for gas exports to Cameroon, the wider Central Africa market to generate significant revenue.”
He called for improved security for gas infrastructure and assured that the Federal Government would continue to support projects that would make Cross River State a true hub for gas industrialization, methanol production and exports.
In his remarks, the Senate president Senator GodswillAkpabio, who was represented by Senator Benson Agadagba Sunday, tasked the people of the region to join hands and develop their communities.
