Nigeria’s top gas distributor, Shell Nigeria Gas (SNG), is pushing for major changes to enhance the country’s gas sector. The need for better infrastructure and stable regulations has come to the forefront. According to SNG’s Managing Director, Ralph Gbobo, these elements are essential for tapping into Nigeria’s abundant gas resources.
During a recent conference in Abuja, Ralph emphasized that significant investments are necessary to develop the entire gas value chain. This includes pipelines, processing plants, and distribution networks. He highlighted that investing in human resources is just as crucial. A skilled workforce is vital for the success of these projects.
Ralph also stressed the importance of a transparent regulatory environment. A reliable system can boost investor confidence, which is critical for attracting the necessary funds for development. To further enhance efficiency and sustainability in the sector, he mentioned the role of advanced technology. This includes tools for real-time data gathering, remote monitoring, and predictive analytics. These technologies can help optimize operations and make Nigeria’s gas sector more appealing to investors.
Since its establishment in 1998, SNG has made significant strides. The company is currently expanding its gas distribution networks in Oyo and Bayelsa states and is working to serve more industries in Ogun, Rivers, and Abia states. Ralph noted the importance of partnerships in this journey, stating that collaboration can pool investment resources, share knowledge, and develop local expertise.
The annual Nigeria Oil and Gas Conference is a key event for industry players. Marno de Jong, Shell Nigeria’s Executive Vice President, described it as a critical platform for discussions among policymakers and business leaders. Shell has been part of Nigeria’s oil scene for about 60 years, and this conference marks their ongoing commitment to the country’s energy development.
Recent statistics show growing interest in Nigeria’s gas sector. According to a report by the Nigerian National Petroleum Corporation, gas production could rise from about 1.3 billion cubic feet per day in 2022 to over 3 billion cubic feet by 2030, provided the necessary investments and regulatory measures are in place.
Overall, the future of Nigeria’s gas industry looks promising, but it will require a concerted effort from all stakeholders to overcome existing challenges.
Source link
Gas development,Nigeria,NOG Energy Week Conference,Shell Nigeria Gas (SNG)