By Peter Uzoho
Stakeholders in the Nigerian gas sector have listed a number of measures needed to be taken by both the government and operators to attract investments needed to develop the nation’s abundant gas resources and boost the economy.
The stakeholders who participated at the recently held 12th International Conference/2nd virtual Industry Multilogue organised by the Nigerian Gas Association (NGA) harped on the need for collaboration between government and operators to deliver Nigeria gas ambitions over the next decade.
According to the communique generated at the conference which centred on: “Powering Forward: Enabling Nigeria’s Industrialisation Via Gas”, Nigeria must enhance the fiscal and operational policies required to attract the right investments to realise the objectives and aspirations outlined within the nation’s gas programmes.
The MD and CEO of Nigeria LNG Limited Mr. Tony Attah has tasked the Federal Government to begin the revamping and monetization of the Gas sector in Nigeria.
He made this statement while making his presentation at the 2nd virtual Nigerian Gas Association (NGA) Industry Multilogues, with the theme: “
Powering Forward, Enabling Nigeria’s Industrialization via Gas.”
Mr. Tony Attah drew the attention of the audience to the hidden treasure in the Nigerian Gas industry which he believes is not getting enough attention from the government.
On the future of gas as an alternative energy source, Mr. Attah stated that the developed world is already keying into gas as an alternative to crude oil. Gas has proven to be a cleaner and more sustainable alternative.
Emmanuel Addeh
The Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the federal government goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization.
SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is shown in the company’s multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s (NNPC) ‘Seven Critical Gas Development Projects’.
Speaking at the Nigerian Gas Association’s 12th International Conference and Awards, held virtually with the theme, “Powering Forward: Enabling Nigeria’s Industrialization via Gas”, Okunbor stated that Shell has invested heavily in the Assa North Gas Project.
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Nigeria: Shell invests to support Nigeria’s domestic gas ambition for industrialization
02 Mar 2021
The
Shell Petroleum Development Company of Nigeria Limited (SPDC), has restated commitment to support the Federal Government of Nigeria’s goal of using the country’s proven gas reserves to trigger economic activities for gas-based industrialization.
SPDC’s Managing Director and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, said Shell’s support is shown in the company’s multi-billion dollars investment in four of Nigerian National Petroleum Corporation’s (NNPC) ‘Seven Critical Gas Development Projects’.
Speaking at the Nigerian Gas Association’s 12th International Conference and Awards, held virtually on February 25, 2021, under the theme,