The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has expressed confidence that the Nigerian gas sector will attract $25 billion investments to the sector within the next 10 years in view of the huge opportunities abounding the sector, Leadership reports.

Baru stated this while speaking at a panel session on New Oil & Gas Horizons and Procurements in Sub-Saharan Africa at the ongoing 50th Offshore Technology Conference (OTC), in Houston, United States of America. He described the Nigerian Petroleum Industry as the largest and the most vibrant in Sub-Saharan Africa with lots of potentials, especially in terms of deep water and untapped gas resources.

“Nigeria offers unique opportunities for investment in exploration, refining, storage, transportation, power, distribution and marketing of petroleum products,” Dr. Baru said. According to a statement by NNPC spokesman, Ndu Ughamadu, the GMD also addressed the issue of gas flaring in the country, stressing that the corporation has adopted a multi-pronged approach aimed at ensuring a sustainable solution to the historical problem of flaring.