As Nigeria continues to navigate its path towards economic diversification and sustainable development, the role of the oil and gas sector remains paramount.
To harness the full potential of this vital industry, organisers of NOG Energy Week 2024, prioritise key initiatives aimed at attracting investments, enhancing security, increasing production, and improving domestic gas utilisation.
At the NOG Energy Week 2024 Strategic Conference, industry leaders will explore the strategies needed to deliver a thriving domestic gas market.
Earlier this year, President Bola Ahmed Tinubu introduced three new policy directives in the oil and gas sector aimed at boosting investment and streamlining operations.
Recognising the proactiveness, the Nigerian Gas Association (NGA) recently lauded the directives as transformative milestones to attract investment, positioning gas as a crucial enabler. This streamlined approach will accelerate project execution, optimise resource allocation, and create a favourable environment for local and foreign investors.
The West Africa’s leading energy Conference and Exhibition organised by dmg Nigeria events and in partnership with Levmora Services creates the critical platform to evaluate and explore opportunities created by the president’s directives.
The session dedicated to gas will focus on three integral areas: Domestic Gas Market Development, Upstream Gas Production Plans, and Gas Infrastructure. The session will also feature senior representatives from the NMDPRA, NNPC Limited, Nigeria LNG Limited, Nigeria Liquefied Petroleum Gas Association and UTM FLNG Limited.
The discussions are set to explore alternative gas pricing models, barriers to increasing LNG and CNG usage, and government strategies to encourage non-associated gas production. Additionally, an adequate examination of Nigeria’s gas connectivity, investment gaps, and the role of policy and public-private partnerships in development will also be discussed.
The Strategic Conference is set to explore solutions to the current obstacles, in order to achieve energy availability, affordability, accessibility and sustainability.
“Nation-wide, it is essential to prioritise a sustainable and economically feasible transformation of the energy sector. The Presidential directives that have been announced are paving the way for an investment-friendly environment.
“Every year, NOG Energy Week attracts senior energy industry custodians from both the public and private sector and we are working with the speaker faculty to ensure that the conversations that take place at the Strategic Conference have clearly defined next steps.
These actionable points will be recorded in the NOG Energy Week 2024 Communique so that we can follow up on the progress that has been made throughout the year. This will further support the continuity and accountability that is crucial to seeing action after deliberation,” Wemimo Oyelana, Portfolio Director – Africa & Country Director – Nigeria, dmg Nigeria events.
Produced by dmg Nigeria events, a subsidiary of dmg events with over 80 conferences and exhibitions globally, including ADIPEC and Gastech, the 23rd edition of NOG Energy Week will unite leaders, policymakers, regulators, and professionals from the oil, gas, and energy sectors worldwide. The focus will be on energy transition and transformation, as well as emerging business opportunities within Nigeria.
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