Nigeria ready to launch?
Nigeria has massive, but long under-used gas reserves. Now, it may be about to find a local market
Over the past 18 months, interest in Nigeria’s domestic gas sector from both foreign and local investors has started to pick up, triggering pledges of more than $5bn of funding for four major projects. These ambitions still need to be turned into reality, but they could mark a significant upturn to the sector’s fortunes. The largest of these is a $3bn investment planned by the Dangote Group and indigenous oil producer, First Exploration & Production Development Company (First E&P) to connect the Offshore Gas Gathering System (OGGS), which belongs to Shell, to the western shore of Lagos where it will connect with a $12bn refinery and petrochemicals complex being built by businessman A
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
