Nigeria’s gas infrastructure development plan has received a major boost with the launch of a $500 million gas storage project by Masters Energy Oil and Gas Limited.
The project includes the construction of a 20,000MT gas storage in Port Harcourt, over 200 gas refilling outlets, over 2000 retail gas exchange outlet, bulk distribution trucks for LPG transportation and a dedicated vessel for coastal operations.
During the groundbreaking ceremony for the project in Port Harcourt, Rivers State, Group Managing Director, Masters Energy Group, Patience Dappa, said the company has an abiding faith in Nigeria and was fully dedicated to investing more in the country’s critical infrastructure.
She said the facility would provide job and create enormous ancillary businesses within the oil and gas eco- system for the country’s teeming population and contribute positively to the economic transformation of the host community and Nigeria at large.