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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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PETAN- Fed Govt: Assist In Maximising Oil& Gas Outputs By 60 Or 70%

By Favour Ifeoluwa & Akinola Ajibade

The Petroleum Association Technology of Nigeria ( PETAN) is ready to support President Bola Ahmed Tinubu led government m the country, its Chairman, Mr Wole Ogunsanya has said.
He gave this assurance in Lagos, when the newly elected representatives of National Association of Energy Correspondents ( NAEC) paid him acottesgy visit.
Currently, Nigeria the country produces far below 40 per cent of the of the oil and gas value chain, a development, which is lesser than. what Nigeria nees fo be ranked among the 20  top economies. in the world. 
However, Ogunsanya said that if Nigeria can retain between 60 to 70 percent oil and gas valve chain, she stands a better chance of emerging  one of top 20 best economies.
According to PETAN, Nigeria is producing below 500, 000 barrels of crude oil per day, adding that the figure is a huge loss to the country.
The losses, Ogunwole said, would not have been the case,  if there was full in -country retention values and beneficiation across all the chains of the industry.
He explained: If Nigerian organisations are involved in taking that oil out, taking to a refinery  owned by Nigerians. If we have petrochemicals refining the gas and the product, we are taking that gas, we are processing it in  the power plants; we run pipelines to connecct those plants. We are sure of becoming one of the twenty best economies. 
"And we believe that there is no better prescription of Nigeria's economic solutions that are more this, he added. 
He said a lot of oil and gas needed to be filled at every stage of production, if the the energy values are going to be retained in Nigeria.
He said intention of PETAN is to support this government in order to improve oil and gas production greatly in the country. 
He said: PETAN wants to support this government. If we go to Indonesia the nation's oil and  stakeholders have relationships, that is what they are they are looking inwards to maximize returns from the resources they have





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