Oil & Gas Group
This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.
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Review of the Petroleum Industry Act 2021 Gas Monetisation Strategies
Prior to the convoluted evolution of the PIB, there was a bit of regulatory certainty in the oil and gas space. The PIB was long in coming and brought about a wind of regulatory uncertainty as it went through a number of legislative cycles.
The emergence of the PIA 2021, has led to a flurry of activities in the Natural Gas Space in Nigeria due to the changes the law has made. UTM and Afreximbank have signed a $5billion pact to support Nigeria’s #Floating #LNG project #FLNG
The PIA 2021 should help unlock the value in oil and gas projects that were stalled prior to the PIA 2021.
Over $48 Billion dollars of low hanging oil and gas opportunities are waiting to be snapped up by discerning investors.
Review of the Petroleum Industry Act 2021 Gas Monetisation Strategies
Review of the Petroleum Industry Act 2021 Gas Monetisation Strategies. Over $48 Billion dollars of low hanging oil and gas opportunities are waiting to be snapped up by discerning investors.
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