OLYMPIC REFINERY & PETROCHEMICAL
RESOURCES LIMITED
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Gas Exploration and Extraction

The Nigerian Government announced that from a recent discovery, Nigeria is sitting on a gas reserve of 206 trillion cubic feet of gas. The gas belt cuts across Imo State among other States in Nigeria. In Imo State, the Izombe-Ohaji-Egbema axis hosts a large percentage of the gas reserve.

The Olympic Group is therefore strategically positioning to harness the gas potentials of the Imo State gas belt. Gas being a cleaner fuel compared to hydrocarbon is the future of energy. It has also become the focus of all nations eager to help in curbing the ugly trend of climate change. So reducing carbon emissions is a task that must be embraced by all.

Thus Olympic Group has constituted a research and development unit for gas exploration and extraction, building of the necessary infrastructure for its export and domestic use in industrialization, power generation and production of derivatives such as fertilizer and the likes.

This is the new focus and trajectory of energy globally. We at Olympic Group are positioning the company to play a major role as a critical stakeholder in this area, as well as in developing the requisite capacity as a major gas exploration and extraction company.