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May 24, 2024DownstreamGasLocal ContentPowerUpstream

NGA commends Okunbor, Shell companies involvement in initiatives harnessing Nigeria’s gas reserves for commercialization

… sets to relaunch Advisory group  targeting Nigerians across gas value chain

 

Oredola Adeola

 

The Nigerian Gas Association (NGA) has recognized Mr. Osagie Okunbor, Managing Director of the Shell Petroleum Development Company of Nigeria Limited (SPDC) for his involvement in initiatives aimed at harnessing Nigeria’s vast gas reserves for commercialization.

 

Mr Akachukwu Nwokedi, President of the NGA, and his executive team made this known during a recent courtesy visit to SPDC.

 

The President of the NGA, observed that Okunbor and Shell have played a pivotal in collaborating with the Association towards crucial advocacy and industry initiatives.

 

This collaboration, according to him, has significantly influenced the development and implementation of critical policies, laws, and regulations, vital to the growth of the gas sector in Nigeria.

 

He said, “Mr Okunbor and Shells consistent support and active involvement in initiatives aimed at harnessing Nigeria’s vast gas reserves for commercialization.

 

“The NGA with the active support of key stakeholders has actively supported numerous significant gas industry initiatives such as the development of the Gas Master Plan, the creation of the Domestic Gas Pricing Framework, the implementation of the Nigerian Gas Transportation Network Code, the Gas Expansion programme, and input into the Petroleum Industry Act (PIA) 2021 that have prioritized and incentivized investment in Nigerian gas.

 

“The NGA is charged with coordination of the Decade of Gas Secretariat which has been instrumental in advancing the Decade of Gas initiative towards reshaping the future of Nigeria’s gas sector.

 

“The NGA’s immediate past President, a senior Shell executive is the foundational director of the Decade of Gas secretariat,” President of the NGA said.

 

Mr. Nwokedi therefore reiterated the NGA’s commitment to becoming a leading resource centre for the gas industry, promoting investment opportunities in Nigeria’s gas sector through global advocacy and targeted industry forums/events.

 

According to him, the NGA also aims to increase the participation of Nigerians across the gas value chain and enhance its strategic focus by relaunching the NGA Advisory Group.

 

He said, “This group will play a crucial role in promoting sound gas policy formulation among regulatory stakeholders.

 

“The NGA is determined in its drive to advance Nigeria’s gas and energy sector as well as promote Diversity Equity and Inclusion (‘DEI’) within it, ” the NGA President assured.

 

Mr. Nwokedi also emphasised that the Association strives for sustainable growth and inclusivity in the nation’s energy landscape through collaborative efforts with industry leaders

 

Mr. Okunbor, in his remark commended the NGA’s unwavering focus and alignment on critical industry issues, noting that the Association has served as a disciplined platform for gas advocacy while remaining consistent with its objectives.

 

Country Chair of Shell Companies in Nigeria further reaffirmed Shells commitment to supporting the NGA and actively contributing to unlocking the vast potential of gas in Nigeria.

 

 

 

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