Nigeria’s leading oil, gas and power event, organised by Africa Oil & Power will focus on showcasing gas monetization and power opportunities for Africa’s largest economy; on 26-27 October 2021 in Lagos.
The event seeks to unite key players in Nigeria’s upstream, downstream, services, and power space, as the country seeks to transform gas utilization on the African continent with international investors.
A statement sent to us Wednesday by the APO Media Group quoted James Chester, Acting CEO of Africa Oil & Power as saying that- “As the largest holder of proven natural gas reserves in Africa, and the ninth-largest holder in the world, Nigeria has an incredible role to play in the development and monetization of natural gas on the entire African continent.
“Despite these incredible gas reserves, however, Nigeria has long struggled to harness its gas potential, with consistent flaring and underdeveloped reserves. With 55 percent of Nigerians lacking access to electricity, the time to get serious about gas-to-power is now.”
Following the Year of Gas in Nigeria, NOGP 2021 will bring gas and power generation to the forefront of the conversation as a solution for economic development and diversification, job creation and building a sustainable future for all Africans. The conference will also highlight the marginal fields licensing round held in 2020, bringing new entrants to the market to the table. As indigenous companies and internationals alike seek financing and survival strategies to combat low oil prices and economic fallout, making deals will be crucial for 2021,” the statement said.