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POLICY REFINING are not being tapped into just because of the
nature of gas.
UK sanctions Iranian ND Western to take FID on should invest to take gas to all the industrial
“It does make sense that the government
petrochemical firms tied to 10,000bpd refinery hubs in Nigeria.
“The Ajaokuta-Kaduna-Kano pipeline
Asia An indigenous oil and gas company, ND is an excellent gas project to take gas to the
north, but if you think about it, there’s already
Western Ltd, says it is getting ready to take
The UK’s Treasury Department said this the Final Investment Decision on its 10,000 demand centres in the east for which the
week that it has sanctioned a group of front barrels per day refinery in Uturogu, Delta government needs to support putting gas
companies and individuals tied to the sale State. pipelines toward that axis.
and shipment of Iranian petroleum and The Managing Director, ND Western Ltd, “It is absolutely important that for Nigeria
petrochemical products to East Asia. Mr Eberechukwu Oji, made the disclosure to industrialise. We have to utilise the
Treasury’s Office of Foreign Assets Control while speaking with newsmen on the sidelines resources we have which is gas and make it
imposed the sanctions on several companies, of the 2022 Nigeria Oil and Gas conference available to all the capital cities in the country.”
including Iran-based Jam Petrochemical Co., and exhibition on Wednesday in Abuja. NAN
which has exported hundreds of millions Oji said the front-end engineering &
of dollars worth of products to countries design for the project which was a Joint MHI, Egypt’s ANRPC eye H2
throughout Asia, including China. Venture with the Nigerian National Petroleum
The administration uses an August 2018 Corp. had been completed. use in oil refining
executive order signed by then-President “We’re getting ready for the FID. Now you
Donald Trump as its authority to impose the have to understand that before you take FID Japanese engineering firm Mitsubishi Heavy
sanctions. on a project, a number of things needs to be Industry (MHI) and Egypt’s Alexandria
The order addresses “threats posed by Iran, ready,” he said. National Refining and Petrochemicals
including Iran’s proliferation and development He said issues such as finance and off (ANRPC) plan to introduce hydrogen into the
of missiles and other asymmetric and takers of the refined petroleum products must oil refining process at ANRPC’s refineries to
conventional weapons capabilities, its network be addressed before the board approves the cut CO2 emissions.
and campaign of regional aggression,” and FID. MHI has signed an agreement with
other issues. On gas development in Nigeria, Oji called ANRPC in early June on the hydrogen
Brian E. Nelson, Treasury’s undersecretary on the Federal Government to work with the introduction. MHI will convert the existing
for terrorism and financial intelligence, said in private sector in transforming Nigeria into an boiler at ANRPC’s refinery that currently
a statement that while the U.S. “is committed industrialised country through its abundant burns fuel oil and natural gas into one that
to achieving an agreement with Iran that seeks natural gas resources. utilises natural gas and hydrogen, with a
a mutual return” to the Iran nuclear deal, He said, “I think that we have the steam capacity of 100 t/hour.
“we will continue to use all our authorities opportunity to do so with gas because gas By-product hydrogen produced at a
to enforce sanctions on the sale of Iranian have a lot of options around it and gas solves catalyst reformer unit during the oil refining
petroleum and petrochemicals.” some of the problems that we spoke about in process will be utilised at the boiler, which
THE INDEPENDENT the panel. is currently burned at a flare stack. MHI
“So today, crude oil pipelines get tapped and ANPRC are targeting 100pc hydrogen
into and get disrupted but the gas pipelines burning at the boiler by the end of 2023.
Week 27 07•July•2022 www. NEWSBASE .com P13