COUNTRY SPORTLIGHT: NIGERIA - A Renewed Hope for a High Energy Future
Africa’s biggest oil producer is in the middle of a complete overhaul of its energy sector following the adoption of the Petroleum Industry Act in 2021, the Electricity Act in 2023, and the recent removal of its multi-billion dollars gasoline subsidies. To grow output back to the 2 million barrels per day threshold and boost gas supply, Nigeria must now sanction long-delayed offshore projects while resolving its onshore security crisis.
- How are the Petroleum Industry Act and Electricity Act creating new opportunities for investments across the value-chain?
- Following a few encouraging discoveries by TotalEnergies and Seplat Energy since 2021, how can onshore and offshore exploration be further incentivized?
- What are the commercial aspirations of Nigerian independents and how can they access capital to expand energy and gas infrastructure?
- What decarbonisation and ESG strategies are required to make Nigeria’s oil & gas sector more attractive to global capital?
Wednesday 11 October 09:30 - 10:00 Stage A
Gas Forum
Africa’s biggest oil producer is in the middle of a complete overhaul of its energy sector following the adoption of the Petroleum Industry Act in 2021, the Electricity Act in 2023, and the recent removal of its multi-billion dollars gasoline subsidies. To grow output back to the 2 million barrels per day threshold and boost gas supply, Nigeria must now sanction long-delayed offshore projects while resolving its onshore security crisis.
- How are the Petroleum Industry Act and Electricity Act creating new opportunities for investments across the value-chain?
- Following a few encouraging discoveries by TotalEnergies and Seplat Energy since 2021, how can onshore and offshore exploration be further incentivized?
- What are the commercial aspirations of Nigerian independents and how can they access capital to expand energy and gas infrastructure?
- What decarbonisation and ESG strategies are required to make Nigeria’s oil & gas sector more attractive to global capital?