The Oil & Gas Year Nigeria 2020

Book excerpt: “While we focus on growing production and reserves in the coming months and years, as well as in reducing the cost of producing in Nigeria, we remain convinced that gas represents a way to the future of the energy industry in Nigeria.” Muhammadu Buhari, President of the Federal Republic of Nigeria The Oil & Gas Year Nigeria 2020 is a special Nigerian Content Development and Monitoring Board (NCDMB) 10th anniversary edition, and has been produced in partnership with the NCDMB and the Department of Petroleum Resources. The Oil & Gas Year Nigeria 2020 highlights the impact of the first 10 years of local content policy in Nigeria and the outlook for future capacity-building, as well as the oil and gas industry reforms targeted by President Muhammadu Buhari’s new administration and the projects championed by the key players of the Nigerian oil and gas value chain. “Today, we are no longer spectators; we have developed capacity. We are operating at the epicentre of the oil industry.” Chief Timipre Marlin Sylva, Minister of State for Petroleum Resources The Oil & Gas Year Nigeria 2020 also features a pull-out map with updated ownership and operatorship data for Nigeria’s onshore and offshore Oil Mining Licences and Oil Prospecting Licences, the map is available separately here. This seventh edition of TOGY’s Nigeria series provides the most updated in-depth analysis and comprehensive guidance on the Nigerian energy market. It underlines the key ongoing projects shaping the Nigerian energy value chain of the future and identifies the country’s untapped opportunities.