Monday, May 17African Business News
Shadow

Tag: EPC

New gas pipelines and opportunities for Nigeria’s ailing industrial zones

New gas pipelines and opportunities for Nigeria’s ailing industrial zones

Energy
Recently, Shell Nigeria Gas (SNG) completed the final phase of its 20km domestic gas pipeline expansion project in Abia State, connecting Agbor Hill, Osisioma and Ariaria industrial zones. To local producers, access to domestic gas supply addresses a critical part of the many production challenges as well as a good chunk of production cost.For manufacturers, while electricity outages average about 10 hours daily, electricity expenses still constitute about 40% of total cost of production with average cost of self-generated electricity estimated at N119 billion in 2019. The operators, comprising the Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Nigeria Employers Consultative Association (NECA), ...
Expert seeks passage of regulatory framework for gas development

Expert seeks passage of regulatory framework for gas development

Oil & Gas
The need to harness Nigeria’s gas by tackling some of the barriers, including passing a regulatory framework for the upstream sector and the launch of the Nigerian gas transportation code to further drive gas-based have been stressed. The Managing Director and Chief Executing Officer, Nigeria LNG Limited, Tony Attah, said increasing Nigeria’s presence in the global LNG market, which serves as an opportunity to harness the gas for domestic consumption, has long been discussed by industry stakeholders. He noted that Nigeria is currently faced with challenges such as gas pricing for the domestic market, limited infrastructure for distribution and a commercially-viable market. He said: “The FID for Train 7 and award of its EPC contract is very reassuring, as it renews our hope that ...