Nigeria puts money into gas drive
A state guarantee for the bulk of the financing needed for a big pipeline project suggests Nigeria is serious about boosting domestic gas supplies
Successive Nigerian governments have talked about better utilising the country’s vast gas reserves to drive economic growth—with little to show for it. But measures announced by President Muhammadu Buhari’s administration look set to get the sector moving. The flagship projects in this push are two new gas pipelines and a series of power stations along their routes, designed to alleviate decades of inadequate electricity supply. The 614km Ajaokuta-Kaduna-Kano (AKK) pipeline will take gas from the Niger delta to northern Nigeria, while the Escravos-Lagos Pipeline System (ELPS) 2 project will double the capacity of a pipeline serving the country’s largest city. The government underscored its
Also in this section
1 April 2025
There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop
1 April 2025
Strong economic growth targets are encouraging for the country’s energy demand growth, even if meeting those goals might be a tall order
28 March 2025
The Central Asian country is positioning itself as a low-carbon leader, but antiquated infrastructure and a dependence on Russia are holding it back
28 March 2025
MCEDD 2025 took place in Madrid this week with record attendance and a wide-ranging programme, reflecting the deepwater sector’s renewed momentum, strategic focus and accelerating technological innovation.
