FG Set to Complete $700m OB3 Gas Pipeline in March

On Tuesday, the Federal Government announced the anticipated completion date for the $700m Obiafu/Obrikom/Oben gas pipeline, also known as OB3, as March 2024. This project, which began in 2016, is making steady progress towards its finalization.

The declaration was made during the current 7th Nigeria International Energy Summit in Abuja, where President Bola Tinubu also elaborated on the reasons behind his government’s decision to eliminate petrol subsidy, despite the challenges it posed.

During his address at the summit, Minister of State for Petroleum Resources, Gas, Ekperikpe Ekpo gave detailed updates on the status of Nigeria’s gas sector, highlighting the OB3 gas pipeline as a significant gas transmission system in Nigeria and Africa.

“Another milestone in our journey towards a gas-focused economy is the Ajaokuta-Kaduna-Kano pipeline. I am pleased to report that significant progress has been made in the construction of this critical infrastructure project, and we are on track to ensure its completion and commissioning as scheduled.

“The Obiafu/Obrikom/Oben (OB3) is a vital piece of gas infrastructure for the supply of feedstock to the AKK pipeline. This pipeline is among the biggest gas transmission systems in both Nigeria and Africa.

“I am highly elated to announce that going by the contractor estimates, the OB3 pipeline will be completed by March 2024 and the 42” 127km pipeline will supply 2BCF (two billion standard cubic feet) per day,” the minister stated.

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