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    Elombah: The Nigerian Gas Conundrum - Re-Positioning Gas Sector

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Summary

In an opinion piece on Elombah, Sesan Akinsanya looks at the challenges Nigeria faces before it can monetise its massive gas potential

by: Erica Mills

Posted in:

Press Notes, Africa

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Elombah: The Nigerian Gas Conundrum - Re-Positioning Gas Sector

Nigeria is a well-known leading oil producer and a key member of the Organisation of Oil Producing and Exporting Countries (OPEC). It is the highest oil producer in Africa and the sixth in OPEC.  Nigeria currently produces about of 2.5 million barrels of oil per day. While Nigeria is well known for its abundant oil resources, Nigeria is not as well-known for its gas potential. 

Ironically, Nigeria appears to be more endowed in gas than oil. It is therefore not surprising that the gas sector has recently been receiving increased attention, especially with the dwindling fortunes of the oil business. 

Read the full article HERE.

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