Platform Petroleum’s Subsidiary PNG Gas Limited, a leading player in Nigeria’s midstream oil and gas sector, has been awarded the prestigious “Gas Investment Leadership Award” in recognition of its outstanding contributions to Nigeria’s gas industry. The award was presented at its office headquarters as a close out of the 2024 Gas Investment Forum, held at the Oriental Hotel, Lagos from October 21-22, and attended by key industry leaders, policymakers, and stakeholders from across the energy sector.
PNG Gas Limited’s commitment to excellence, safety, and innovation has been a driving force in Nigeria’s energy landscape. Specializing in the processing, storage, and transportation of natural gas, the company has demonstrated an unwavering dedication to delivering high-quality services while upholding the highest standards of professionalism and environmental responsibility.
Operating state-of-the-art facilities, PNG Gas Limited processes wet gas into Liquefied Petroleum Gas (LPG), Propane, Natural Gas Liquids (NGL), and Lean Gas. The company utilizes cutting-edge technologies such as the Human Machine Interface (HMI) with Distributed Control Systems (DCS) to optimize hydrocarbon recovery and ensure operational excellence. Its robust safety protocols and process management systems have positioned PNG as a reliable and trusted partner in the energy sector.
“PNG Gas Limited has consistently showcased leadership and innovation in the natural gas supply chain, playing a vital role in meeting Nigeria’s energy demands. This award underscores their excellence and forward-thinking approach to the industry,” said Mr. Osaze Isesele, Event Director of Gas Investment Forum.
The company operates the Egbaoma Gas Processing Plant in Delta State, with a daily processing capacity of 30 million standard cubic feet of wet gas. PNG has plans to expand this capacity to 100 million cubic feet by 2029, which will significantly contribute to reducing gas flaring and enhancing Nigeria’s domestic gas market.
Receiving the award, Gabriel Ilenreh, managing director of PNG Gas, expressed gratitude saying, “This recognition reflects the dedication and hard work of our team and the trust of our stakeholders. We remain committed to contributing significantly to Nigeria’s gas sector and advancing sustainable development while we continue to demonstrate the maturity of PNG’s business systems and positions the company to meet its expansion targets.
Recently, PNG Gas Limited bagged and achieved three international certifications, solidifying its commitment to operational excellence.
The company secured the International Organization for Standardization (ISO) 9001:2015, ISO 14001:2015, and ISO 45001:2018 Integrated Management System (IMS) certifications for its gas processing system, reflecting its adherence to global standards in quality, health, safety, and environmental management (QHSE).
The certifications highlight PNG Gas’s dedication to maintaining an integrated quality, health, safety and environment (QHSE) management framework that effectively manages risks and maximizes opportunities, ensuring continuous improvement in its operations.
PNG Gas Limited sources its feed gas from the OML 038 marginal field operated by Platform Petroleum Limited (PPL). By processing and delivering finished products such as LPG, a critical domestic energy source, the company plays a pivotal role in reducing energy bottlenecks and enhancing Nigeria’s energy security.
Established in 2013, PNG Gas was founded to commercialize flared gas from oil mining license (OML) 38, aiming to reduce environmental damage and support global efforts to curb gas flaring.
The “Gas Investment Leadership Award” is a testament to PNG Gas Limited’s relentless pursuit of innovation, operational excellence, and its unwavering focus on meeting the growing energy needs of Nigeria responsibly and sustainably.
The Gas Investment Forum is a landmark event accelerating West Africa’s gas revolution. Positioned at the forefront of the gas industry, the forum emphasizes the crucial role Nigeria’s gas plays in global energy dynamics, focusing on African-led dialogue and decision-making.
By covering the entire gas value chain, the forum serves as a vital platform for engagement, bringing together government leaders, CEOs, development finance experts, and investors. It addresses current investment needs and accelerates opportunities to drive toward a gas-powered economic future.
To learn more, please visit https://gasinvestmentforum.com/
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