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[BUSINESS] · Nigeria · 2 sources

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Nigeria shifts energy focus toward gas value-chain development

At the Gastech conference in Bangkok, discussions regarding Nigeria’s energy sector have shifted from a focus on raw resource reserves to the development of a functional gas business case. The emphasis is moving toward solving value-chain challenges, including regulation, infrastructure, finance, and technology.

To compete in the global LNG market, Nigerian officials emphasize the need for predictable markets. This involves creating viable commercial structures for pipelines, dependable supply for gas-to-power projects, and sustainable payment arrangements to attract long-term capital.

Entities

AXA Mansard Insurance Plc · Nigeria · Nigeria LNG Limited · Nigerian Midstream and Downstream Petroleum Regulatory Authority