Tag: Gas

Gas production drops despite FG's N250bn intervention fund - Report
Oil and Gas

Nigeria, Algeria, Egypt to dominate Africa’s gas supply market from 2023 to 2027 – Report

Nigeria, Algeria, and Egypt are predicted to dominate the African natural gas and liquefied natural gas supply market from 2023 to 2027. According to The Times, data from the African Energy Chamber’s August 2023 State of African Energy report confirmed this. The analysis estimates that Africa’s natural gas supply will be at 25.5 billion cubic feet […]

SNEPCo MD predicts gas scarcity by 2030
featured

SNEPCo MD predicts gas scarcity by 2030

The Managing Director of Shell Nigeria Exploration and Production Company Limited, Elohor Aiboni, forecasts a three billion cubic feet per day gas supply crisis in Nigeria by 2030. Speaking in Lagos at the Nigerian Council of the Society of Petroleum Engineers’ annual conference in 2023, Aiboni warned that despite having the largest proven gas reserves in Africa, […]

A gas plant
Business

NMDPRA urges businesses to adopt gas

The Nigerian Midstream and Downstream Petroleum Regulatory Authority is urging businesses to consider opportunities in the gas value chain to prevent future uncertainties regarding diesel supply and other challenges. According to The Punch, this was shared on Tuesday by the authority’s Chief Executive, Farouk Ahmed, during the ‘South-West Stakeholders Engagement on Gas Utilisation in Nigeria’ […]