- Category: Opinions/Interviews
- Published on Wednesday, 23 November 2011 18:55
- Written by Admin
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At last, the Minister of Petroleum, Mrs. Deziani Allison-Madueke yesterday appeared before the House of Representatives where she disclosed that the Federal government had set aside the sum of $2 billion (N320 billion) to repair damaged pipelines in the next 12 months.
The minister admitted that she received the letters of invitations sent to her, but that she had to attend to other duties like the commissioning of the 128 kilometer Calabar Gas Pipeline owned by Oando Petroleum on Monday.
She pleaded with the committee chaired by Hon Muraina Ajibola that she would not be able to explain the activities of the ministry as she had to join the presidential train to France last night.
Apart from the repair of the pipelines, the minister informed the committee that the ministry would among other things try achieve maximum compliance with the gas flare-down policy of the Federal Government within the period.
According to her, the ultimate aim of government was to ensure that Gas takes over from Oil in the next three and a half years by developing Gas to a level where it would take over as the mainstay of the nation’s export.
She disclosed that the ministry will pursue the implementation of the local content policy and discourage crude oil theft.
Attention will also be focused on the development of the marginal fields and inland basins, adding that Deep shore fields would also receive the attention of the ministry.