Exploration & Production

Nigeria moves to close a yawning supply gap

Nigeria hopes to plug an ever-widening supply-demand gap by 2020 by giving fresh impetus to gas projects that have been languishing in the planning stages for years Nigeria hopes to plug an ever-widening supply-demand gap by 2020 by giving fresh impetus to gas projects that have been languishing in the planning stages for years.
By Felix Janvrin 13 July 2018 0 31741
Seven Energy operations in Nigeria. Seven Energy is one of the signatories to the Seven Critical Gas Development Projects agreement. (Seven Energy)

Nigerian National Petroleum Co. (NNPC) has signed agreements with international and local oil companies to move ahead with the development of seven gas developments which have lingered in the planning stages for years. By kickstarting the projects it hopes to close an estimated 85 million cubic metre per day (MMcm/d) supply-demand gap that the country will face by 2020. 

NNPC’s group managing director, Maikanti Baru, signed the Seven Critical Gas Development Projects (7CGDP) agreement with Shell, as well as local firms Seven Energy, Brass Fertiliser Co.,...