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03/03/2021 News

Sangster Gives Top Priorities for Increase in Gas Supplies at NGA Conference

The Chairman, Oil Producers Trade Section (OPTS) and Managing Director of Total Upstream Companies in Nigeria, Mike Sangster has given five top priorities that need to be achieved for the desired increase in gas supply for both the domestic and export markets. He outlined the priorities at the 12th International Conference and Awards of the Nigerian Gas Association held virtually from Thursday, February 25 – 26, 2021.

The conference titled; Powering Forward: Enabling Nigeria’s Industrialisation Via Gas, had five stakeholder sessions spanning the two days.

During the first session titled Nigeria’s Decade of Gas: The Industry Leadership Outlook, the Chairman of OPTS, who was represented by OPTS Gas Commercial Chairman, Nathaniel Oyatogun said: “Nigeria currently ranks as the 10th in terms of the gas resources which as we can see has been updated to about 203Tcf based on latest data from the DPR and that puts us behind a couple of big players in the industry. Our production is very poor, we rank 17 in terms of production.”

He highlighted the major challenges that need to be addressed for Nigeria to be at par with other industry players in the gas sector: Developing adequate infrastructure; Ensuring sufficient joint venture funding; Repaying all outstanding gas invoice arrears; Providing enabling commercial and fiscal terms; and a Conducive business environment.

Sangster further stated that: “What we need to do as leadership is to strike the right chord and put the right things in place to make sure that Nigeria attracts the investment that is required to make this happen.” He called on the Minister of State for Petroleum Resources and the National Assembly to facilitate an early declaration of “willing buyer and willing seller” in the domestic gas market.

The Lagos State governor, Babajide Sanwo-Olu welcomed and briefed participants on plans to introduce gas policy in the State. “There is need to have a cleaner and more live-able environment and we are planning well for the State’s huge population, guaranteeing green jobs, reducing carbon emissions and working towards a healthy environment.”

In his remarks, the Hon. Minister of State for Petroleum Resources, Timipre Sylva said: “I am very happy to realise that our drive for gas penetration through the Nigerian National Gas Expansion Programme, NGEP has now developed to execution stage. Let me assure you that the FG is committed to the speedy passage of the PIB which will enshrine an investor-friendly, market-led gas pricing structure that will ensure the willing buyer, willing seller regime.”

Adding to the discussion, the Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Mele Kolo Kyari observed that: We all know that oil & gas is the enabler in this country and the option we have is to develop more gas for domestic market because that will lead to our development.” He described gas as the next destination and the NNPC is doing a lot to ensure it delivers on this mandate.

The moderator of the third multilogue session and Total’s General Manager, Deep Water Administration, Maryam Shehu remarked that, “Gas needs to provide an implicit part of the future innovations for us to be able to utilise it.”

Earlier in her opening address, the President of the NGA, Audrey Joe-Ezigbo explained that: “We kicked off the NGA’s Industry Multilogues - a novel series of solution-driven stakeholder-led deep dives with a first edition held in December 2020,” and further encouraged participants to engage positively during the conference.

Major highlight of the 2-day conference was the presentation of awards to some individuals and organisations. The Secretary General of the NGA, 2018/2021 session, Ibimina Abiodun of Total received a Special Recognition award for Exemplary Stewardship to the NGA. The Audrey Joe-Ezigbo led NGA executive handed over to a new executive, led by the Managing Director of Shell Nigeria Gas, Ed Ubong.

Hon. Minister of State for Petroleum Resources, Timipre Sylva
Lagos State governor, Babajide Sanwo-Olu
GMD NNPC, Mele Kolo Kyari
 

Hon. Minister of State for Petroleum Resources, Timipre Sylva

Lagos State governor, Babajide Sanwo-Olu

GMD NNPC, Mele Kolo Kyari

OPTS Gas Commercial Chairman, Nathaniel Oyatogun Represented the Chairman OPTS, Mike Sangster
Hon. Minister of State for Petroleum Resources, Timipre Sylva
General Manager, Deep Water Administration, Maryam Shehu
 
OPTS Gas Commercial Chairman, Nathaniel Oyatogun President NGA, Audrey Joe-Ezigbo GM, Total E&P Nigeria, Deep Water Admin, Maryan Shebu
Members of the first Multilogue session
Handover to new executives of the association

Members of the first Multilogue session

Handover to new executives of the association