The Shell Nigeria Gas (SNG) has said that harnessing Nigeria’s gas resources for industrialisation is achievable if the country achieves stable regulatory enforcement, fair pricing, and infrastructure ownership models in the sector.
This was contained in a statement by Shell’s Communications Manager, Mrs. Gladys Afam-Anadu, on Wednesday, quoting the Managing Director of SNG, Ralph Gbobo, as asserting a recent industry event in Lagos.
Gbobo, who spoke at the Energy Week of the Lagos Section of the Society of Petroleum Engineers (SPE), said investors need “a stable, fast and transparent implementation” of rules, while a fair pricing regime could be achieved with “the right incentives to grow pipeline gas,” which would also attract more investments.
The managing director further called for the completion of ongoing projects and ensuring the reliability of the Escravos-Lagos Pipeline System through clear service standards.
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He said the government could also encourage investments in gas distribution through “demand aggregation.”
“We need to create a friendly business environment and a clear plan (e.g., industrial parks or designated zones) so demand is clustered.
“That makes it easier for a distributor to get a license, invest, and build shared infrastructure that serves many industries, not just one or two,” he maintained.
“Public–private partnership is crucial. Government backing helps planning and delivery.
“This model can also support industrial parks and other ways to aggregate demand,” Gbobo added.
