Sponsored
Oil & Gas

Nigeria’s Minister Of State For Petroleum Resources (Gas) To Speak At IAE 2025

Sponsored
Sponsored

Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, will take the stage at the Invest in African Energy (IAE) Forum in Paris this May, offering insights into Nigeria’s strategy to leverage its natural gas resources for long-term development.

 

As a key decision-maker shaping Nigeria’s gas policies, Minister Ekpo’s participation will provide valuable perspectives on the country’s current gas-focused investment opportunities, relevant regulatory reforms and role within Nigeria’s energy mix.

Nigeria remains one of Africa’s most attractive energy investment destinations and is targeting $10 billion in deepwater gas exploration investments through tax incentives and new policy measures. The country is prioritizing gas as a transition fuel, with major developments underway to expand both domestic and export infrastructure, alongside plans to auction undeveloped oil and gas blocks to accelerate exploration and production. TotalEnergies’ $500 million Ubeta onshore field development is set to begin production in 2027, supplying gas to the Nigeria LNG plant. The company is also planning to sanction the $750 million Ima dry gas project this year to further boost LNG supplies. Other recent milestones include Shell’s sale of its Nigerian onshore subsidiary, signaling a shift toward greater local participation in the sector.

 

Nigeria is also advancing several major pipeline projects to expand its gas sector and strengthen regional energy security and export capacity. The Nigerian National Petroleum Company is undertaking a $1.2 billion rehabilitation of the Obiafu-Obrikom-Oben (OB3) gas pipeline to enhance gas supply for power generation and industrial use. Last month, Nigeria, along with the governments of Algeria and Niger, signed agreements to accelerate the implementation of the Trans-Saharan Gas Pipeline project, which aims to transport Nigerian gas through Niger and Algeria to Europe. Agreements for the construction of the Nigeria-Morocco gas pipeline, which would connect West African markets to European demand by running along the Atlantic coast through several countries, are also expected to be signed in 2025.

As Nigeria places renewed focus on monetizing its more than 200 trillion cubic feet of proven gas reserves, Minister Ekpo’s participation at IAE 2025 comes at a pivotal moment for the country’s gas industry. His participation will offer critical insights into Nigeria’s investment climate, ongoing infrastructure projects and how global stakeholders can engage with local ministries, regulators and the evolving gas market to advance the energy transition while securing energy supplies.

Sponsored
Alinnor Arinze

Recent Posts

BAT Nigeria Marks World Cleanup Day with Employee-Led Clean-Up At Ibadan Factory

British American Tobacco Nigeria Limited (BAT Nigeria) marked World Cleanup Day with an employee-led clean-up…

18 minutes ago

Environmental Sustainability: Nigerian Breweries Plc Plants 340,000 trees, restores over 350 hectares in Olokemeji Forest

In line with its ‘Brew a Better World’ sustainability agenda, Nigerian Breweries Plc, Nigeria’s foremost…

1 hour ago

Anambra’s Debts: Peter Obi And The Danger Of A Single Story

CHIKE ANYAONU    In her landmark 2009 TED Talk, Nigerian writer Chimamanda Ngozi Adichie warned…

4 hours ago

Flood Crisis: ONC Welcomes Prof. Odu-Led Relief Mission To Orashi & Seeks More Support For Victims

The Orashi National Congress (ONC) has welcomed the Rivers State Flood Prevention and Management Committee,…

5 hours ago

Agege APC Stakeholders Ask State Party Leaders To Take Action On Defected Members & Their Supporters

DANIEL OLUWATOBILOBA POPOOLA  Concerned leaders and members of the All Progressives Congress (APC) in Agege…

6 hours ago

SWS Hails Deborah Ijadele-Adetona After Global Woman Of Influence Honour

*Society celebrates Founder, National President for taking women’s advocacy to global stage The Standup for…

8 hours ago
Sponsored