HomeBusinessOtti endorses $13.1m CNG investment to accelerate industrialisation in Abia

Otti endorses $13.1m CNG investment to accelerate industrialisation in Abia

Governor Alex Otti of Abia State, has endorsed a proposed $13.1 million Compressed Natural Gas (CNG) project, saying it will accelerate industrialisation, expand clean energy infrastructure and position the state as a major manufacturing destination in Nigeria.

The proposed project involves the construction of a 14.13 million standard cubic feet per day (MMSCFD) CNG mother station at Owaza in Ukwa West Local Government Area, a move expected to deepen gas utilisation, support industries and improve access to cleaner energy for transportation and manufacturing.

Governor Otti, while hosting a delegation from Earthoc Group and its partners in his office at Nvosi, Isiala Ngwa South Local Government Area, said that the project aligned with his administration’s long-term vision of building an industrial economy anchored on the state’s natural resource endowments.

He noted that Owaza already possesses proven commercial gas reserves with exploration and production activities being undertaken by different oil companies, which

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