Chevron Commits to Raising Domestic Market Gas Utilisation
Sylvester Idowu in Warri Chevron Nigeria Limited (CNL) said it had spent about $1 billion annually in the past 10 years on developing Nigerian content, adding the company was committed
Chevron Nigeria Limited has committed to increasing the utilization of gas in domestic markets, spending approximately $1 billion over the past decade on Nigerian content development. The company's Corporate Affairs General Manager, Oduselu Olusoga, emphasized the importance of enhancing professional skills and ethical standards in oil and gas journalism, as showcased during a workshop in Asaba.
Chevron's partnership with Niger Delta communities, through the Global Memorandum of Understanding (GMoU) model, grants them greater control over their development processes, with communities determining priorities and preparing five-year plans. Chevron's involvement in Nigerian content development has also contributed to the growth and capacity building of indigenous contractors in the region.
The company is actively engaged in gas gathering projects, such as Meji and Escravos, to reduce gas flaring and promote gas availability for domestic consumption. Chevron remains active across onshore, shallow-water, offshore, and deep-offshore operations, committed to Nigeria's energy sector.
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