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LNG gets political
From China blocking US LNG to Trump demanding that various countries import more of the fuel, the politicisation of LNG is on the rise
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Fast-tracking US project approvals and increased trade pressures have already changed the LNG landscape since Trump came to office, with further transformation ahead
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EU and UK look to security beyond gas
The scars of the Russia crisis have accelerated Europe’s push to wean itself off gas dependence as the growing globalisation of LNG becomes a double-edged sword
Pemex scrambles to plug the gap
The NOC’s dire financial situation and maturing fields have left the authorities with little choice but to reduce crude expectations
Power play signals change in Nigeria
With a new board appointed to lead NNPC and moves by President Tinubu to exert control in the Delta region, there is renewed hope the country will be able to turn the corner and rebuild production to former peaks
Gas E&P enters the danger zone
Two consecutive years of sub-par hydrocarbon discoveries signal a precarious time for the energy world
Mozambique LNG financing cannot lift security gloom
Long-delayed prospects for onshore LNG production in Mozambique have improved thanks to US financing approval, but security challenges blight way ahead
Brazil rides a production wave
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
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North African producer hopeful of bringing in IOCs despite the disagreements over terms as latest bidding round is launched
Dr Gabriel Onagoruwa
Nigeria LNG Upstream
Simon Ferrie
24 October 2023
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Nigerian companies assume growing oil and gas sector role

Law firm Olaniwun Ajayi grants Petroleum Economist detailed insight into Nigeria’s changing oil and gas landscape

Nigerian law firm Olaniwun Ajayi is one of the largest and most prominent legal practices in Africa and is closely involved with the oil and gas industry. The firm advised on NNPC’s transition into a private company and Nigeria LNG’s Train 7 project, and was involved in the financing for the Dangote refinery and the Anoh gas processing plant, among many other developments. Dr Gabriel Onagoruwa, a co-founding partner and chair of the project development and finance practice of the firm’s London office, spoke with Petroleum Economist about how Nigeria’s oil and gas sectors are changing, and about the growing role played by indigenous companies. Do you see Nigeria being able to reverse declinin

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