“Nigeria is positioning itself to become a leading exporter of gas to Europe and a major gas player globally.”
H.E. Chief Timipre Marlin Sylva, Then-Minister of State for Petroleum Resources
The Energy Year Nigeria 2023 explores Nigeria’s energy industry at a pivotal moment as the country has achieved major milestones such as the implementation of the long-awaited Petroleum Industry Act and the finalisation of the marginal fields bidding round, setting the pace for what could become the most successful decade ever for this dynamic hydrocarbons sector.
“The Petroleum Industry Act prescribes long-awaited and far-reaching reforms for the local oil and gas industry.”
Akintoye Akindele, Adamantine Energy
With clear goals and newly secured local capabilities as well as international partnerships, key figures across the value chain comment on both the challenges they are facing and the huge opportunities arising. From indigenous upstream consolidation to recent midstream developments, through to local manufacturing and a roadmap to revamp the power sector, Nigeria’s “Decade of Gas” will not only be a major boost to the country’s economic prosperity but will reaffirm its place as a key international energy partner.
Produced in partnership with the Ministry of Petroleum Resources The Energy Year Nigeria 2023 offers insights from Nigeria’s most dynamic and ambitious companies across the industry. The report offers investors and companies looking to expand into West Africa a comprehensive roadmap for the upcoming opportunities in an empowered and sustainability-driven Nigerian market.