Nigeria Energy

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With most gas found offshore in the eastern section of the country’s territorial waters, the need for pipelines to move gas elsewhere is paramount, given the large population centres in both the west and the north. Long-awaited upgrades to Nigeria’s pipeline network are expected in the next several years, aimed at addressing this key...

 

Crude oil refining emerged early on as an area of focus for the government of Muhammadu Buhari, who within weeks of assuming office as president had begun rolled out plans to overhaul the existing facilities. The government has also initiated a fresh attempt to build new plants, with a focus on attracting private investment, such as the...

 

As Africa’s largest oil producer, Nigeria’s energy sector accounts for 90% of exports and at least 50% of government revenues. The country is second only to Libya on the continent in the size of its reserves, and onshore fields have been productive for decades. Offshore deposits are a frontier that has been massively underexplored, and in...

Chapter | Energy from The Report: Nigeria 2016

As Africa’s largest oil producer, Nigeria’s energy sector accounts for 90% of exports and at least 50% of government revenues. The country is second only to Libya on the continent in the size of its reserves, and onshore fields have been productive for decades. Offshore deposits are a frontier that has been massively underexplored, and in recent years international oil companies have started...

The most populous country and arguably the largest economy on the continent, Nigeria is widely regarded as an African powerhouse.

Far-reaching and long-awaited plans aimed at reforming Nigeria’s oil industry are gathering pace, though they have met with resistance from some stakeholders.

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