Pricing Mechanism Promoting Investment In Nigeria’s Gas Sector – Shell

Oil major, Shell has predicted a leap in Nigeria’s gas industry production capacity as authorities have set a predictable price target that will support investors to make decisions with clearer return forecast.
According to Shell Nigeria Gas (SNG) the growth in domestic gas production and investment is as a result of such reforms that introduced clearer pricing frameworks and reduced policy uncertainty in the sector.
The company stated this at the second business forum of the Association of Local Distributors of Gas held in Abuja, where industry stakeholders discussed ways to improve access to gas and drive industrialisation across the country.
Speaking during a panel session titled...