Shell Nigeria Gas (SNG) has identified the development of infrastructure, together with regulatory and fiscal stability, as key promoters for the advancement of Nigeria's gas resources.
According to SNG managing director, Ralph Gbobo, large investments are required to build a large -scale infrastructure in the gas value chain, including pipes, gas processing plants and gas distribution networks, as well as to improve the development of human capacity.
Gbobo released this during a panel session entitled “Accelerated Gas Development for National and Global Energy Needs” at the Nigeria Oil and Gas Conference (NOG) held in Abuja.
He stressed that a stable and transparent regulatory and fiscal regime is essential to create a predictable and sure operational environment that promotes investor's confidence.
Gbobo also highlighted the importance of deploying technology to increase efficiency, sustainability and growth of the national gas sector.
He said:
“The advances promoted by technology, such as remote data collection systems, remote monitoring, real -time data analysis, digital solutions, autonomous operations systems, intelligent measurement and monitoring, and predictive analysis systems will play an important role in improving efficiency, sustainability and growth of the national gas sector, and improving its attraction for investors.”
When commenting on the SNG operations, Gbobo said that the company, established in 1998, is currently developing new gas distribution networks in the Oyo and Bayelsa states, while also expanding its systems to serve more industries in the Ogun, Rivers and Abia states.
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He said that Shell's achievements underline the value of associations and collaboration in the development of Nigeria's gas resources, since such associations can:
Add investment capital, facilitate knowledge transfer and capacities construction, improve skills and build local experience, strengthening the national gase sector.
In a related development, Shell sponsored a dinner at the Nigeria oil and gas conference as part of his continuous support for the event. In observations delivered by the Vice President, Gas and Commercial, Rohan D'O Souza on behalf of the Executive Vice President and the president of Country, Shell Nigeria, Marno de Jong, the annual conference was described as:
“A remarkable meeting point for political leaders, industry leaders and other interested parties from all about Africa and beyond to share ideas about critical issues that face the oil and gas industry.”
Marno added:
“Shell has been part of Nog's story and is a diamond sponsor of this year's event in line with our commitment to the development of the oil and gas industry in Nigeria, which goes back to our presence in the country about 60 years ago.”
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