How Nigeria Can Achieve Gas-led Industrialization — Shell

Ralph Gbobo, Managing Director of Shell Nigeria Gas (SNG), recently stated in Lagos that Nigeria can use its gas resources for industrialization if it achieves stable regulatory enforcement, fair pricing, and infrastructure ownership models in the sector.

Speaking at the Lagos Section of the Society of Petroleum Engineers (SPE) Energy Week, Ralph stated that while a fair pricing regime could be achieved with “the right incentives to grow pipeline gas,” which would also draw more investments, investors need “a stable, fast, and transparent implementation” of regulations.

Regarding infrastructure ownership models, he demanded that current projects be finished and that “clear service criteria” be used to guarantee the Escravos-Lagos Pipeline System’s dependability.

Through “demand aggregation,” he argued, the government might also promote investments in gas delivery. In order to cluster demand, we must provide a welcoming business climate and a clear plan (such as industrial parks or specified zones). This facilitates a distributor’s ability to obtain a license, make investments, and construct common infrastructure that serves multiple industries rather than just one or two.

“Public-private partnership is vital,” Ralph continued. Planning and execution are aided by government support. Industrial parks and other methods of aggregating demand can also be supported by this paradigm.