Related Articles
Forward article link
Share PDF with colleagues

Nigeria pushes gas into fast lane

Abuja turns to new gas promotion measures to ease the pain of removing unaffordable gasoline subsidies

“Gas is Nigeria’s new petrol,” petroleum minister Timipre Sylva said of the oil-dependent nation’s attempt to diversify and overcome the crude oil price volatility that perennially afflicts its econ­omic growth. He said it way back in June 2017, when the Federal Executive Council had just approved the National Gas Policy. But measures announced in September mean this vision could at last become reality for the country’s nearly 200mn people. The consumption of refined products in ­Africa’s largest economy has declined more rapidly than in many other countries in the wake of the pandemic, and this trend appears set to continue. The total volume of refined products consumed in the country dec



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
European chemicals sector rises to climate challenge
1 December 2021
Industry responds to EU’s ‘Fit for 55’ package with new business models and alliances with other sectors, says PwC’s global head of chemicals
Energy transitions for a sustainable future
1 December 2021
The challenge of meeting global energy demand while hitting net-zero targets will be at the core of this year’s World Petroleum Congress
Indian government seeks energy investors
1 December 2021
Delhi is looking to the Mideast for energy investment, oil ministry secretary Tarun Kapoor tells Petroleum Economist
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video