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Gasco Marine unveil N2bn CNG plant due to high demand of gas in Nigeria
Gasco Compressed Natural Gas (CNG) plant has been unveiled in Ogun state of Nigeria. The plant which was built by Gasco Marine Limited will redefine compression and distribution of natural gas in Nigeria.
Gasco Marine CEO Bukola Badejo-Okusanya said “We are committed to taking gas everywhere there is a demand for it. He also said Promoting the use of natural gas by energising the mid and downstream value chain including distribution and compression of natural gas.”
According to him, ”Over the last five years, we have quickly evolved our operation and serving capacity. He also said that they have grown their market share to 13%.
Badejo-Okusanya also said that Gasco Marine aims to become the industry benchmark for quality and affordable service delivery and distribution of CNG gases in Nigeria.
Former Hon. Minister of Power, Works & Housing, Mr Babatunde Fashola,SAN (5th right), Founder/Director, Gasco Marine Limited, Mr Faruk Agoro during the commissioning of the Gasco Compressed Natural Gas (CNG) Plant built by Gasco Marine Limited at Abeokuta, Ogun State on 4/07/2019 pic.twitter.com/b0bKmvWXdW
— Federal Ministry of PWH (@FMPWH) July 5, 2019
Meanwhile, during the unveiling, Former Minister for Power and works, Babatunde Fashola appalued Gasco Marine. He said Gasco and Viathan help Nigeria protect their environment.
Gasco Marine has placed themselves as a key player in the downstream sector. This is due to the high demand of domestic gas consumption that is steadily increasing in Nigeria.