The Federal Government of Nigeria, through the Ministry of Petroleum Resources, has partnered with the organisers of the Gas Investment Forum for the second edition of the Gas Investment Forum 2024. The event is scheduled to take place from October 21st and 22nd, 2024, at Oriental Hotel, Lagos.
The forum, inspired by Nigeria’s vast gas resources and its potential to drive economic growth, industrialisation, and sustainable development, is a pivotal platform for engagement. It brings together government leaders, CEOs, development finance experts, investors, and service providers to foster conversations, collaborations, and connections that address current investment needs and accelerate opportunities for a gas-powered economic future.
Read also: Nigeria’s NLNG dividend falls 43% on gas constraints
Under the theme “Powering Nigeria’s Gas Future: Energy Security, Industrialization & Economic Growth,” the Gas Investment Forum 2024 is expected to welcome over 800 delegates, establishing itself as a hub for sustainable investment in the African gas market this October.
“It is my pleasure to express support for this important event. The program’s theme and agenda align well with the federal government’s policy aspirations as articulated by the Ministry of Petroleum Resources,” Nicholas Ella, permanent secretary of the Ministry of Petroleum Resources said.
The Ministry, instrumental in shaping Nigeria’s energy policy, will provide a detailed presentation of its recent achievements and unveil upcoming strategies aimed at advancing the nation’s gas industry.
This year’s forum is poised to be a major event for the sector, focusing on critical topics such as energy security, industrialization, and economic growth. The Ministry’s participation underscores the Nigerian government’s ongoing commitment to utilizing the country’s substantial gas resources as a cornerstone for economic diversification and sustainable progress.
“We commend the Ministry of Petroleum Resources and the Permanent Secretary for their support and active participation in championing sustainable long-term investment in Nigeria’s gas sector while paving the way for robust socioeconomic development in Nigeria and West Africa. We are encouraged by this support and look forward to Nigeria’s leadership in advancing gas development at this year’s Gas Investment Forum,” said Gas Investment Forum Event Director, Osaze Isesele.
Nigeria boasts one of the largest gas reserves in the world, with over 200 trillion cubic feet of proven gas reserves, positioning the country as a key player in the global energy landscape. Despite this immense potential, investment in the gas sector has historically been hampered by infrastructural deficits, regulatory challenges, and fluctuating global energy prices. However, recent policy reforms and government initiatives are beginning to unlock new opportunities for investment and growth, particularly in the areas of gas infrastructure, processing, and distribution.
Read also: Axxela, NGML commission 5km gas pipeline in Victoria Island
At the Gas Investment Forum 2024, the Ministry is expected to provide a comprehensive update on critical infrastructure projects, such as the Ajaokuta-Kaduna-Kano (AKK) gas pipeline and the expansion of Nigeria’s liquefied natural gas (LNG) facilities. These developments are crucial for enhancing energy security and promoting the industrialization of the Nigerian economy.
About Gas Investment Forum
The Gas Investment Forum is a landmark event accelerating West Africa’s gas revolution. Positioned at the forefront of the gas industry, the forum emphasizes the crucial role Nigeria’s gas plays in global energy dynamics, focusing on African-led dialogue and decision-making.
By covering the entire gas value chain, the forum serves as a vital platform for engagement, bringing together government leaders, CEOs, development finance experts, and investors. It addresses current investment needs and accelerates opportunities to drive toward a gas-powered economic future.
To learn more, please visit https://gasinvestmentforum.com/
For more details on sponsorship, group delegate pass booking, and speaking opportunities, contact [email protected]
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
