Nigeria’s premier gas distribution company, Shell Nigeria Gas (SNG) has identified development of infrastructure, regulatory and fiscal stability as key drivers for the development of Nigeria’s gas resources.
“Major investments are required to develop large scale infrastructure along the gas value chain (pipelines, gas processing plants, gas distribution networks) as well as human capacity development,” SNG Managing Director, Ralph Gbobo, at a panel session on “Accelerating gas development for domestic and global energy needs” at the Nigeria Oil and Gas (NOG) Conference in Abuja.
He also noted that a stable and transparent regulatory and fiscal regime is also essential to creating a predictable and secure operating environment which enhances investor confidence, stressing the need for deployment of technology to enhance “the efficiency, sustainability and growth of the domestic gas sector.”
He said: “Technology-driven advancements such as remote data gathering systems, remote monitoring, real-time data analytics, digital solutions, autonomous Operations systems, smart metering and monitoring, predictive analytic systems will play a significant role in improving the efficiency, sustainability and growth of the domestic gas sector, and enhancing its attractiveness to investors.”
Commenting on the operations of SNG, Gbobo said the company is developing new gas distribution networks in Oyo and Bayelsa states, while also expanding its systems to cater for more industries in Ogun, Rivers and Abia states.
He said the milestones recorded by Shell proved the value of partnerships and collaboration towards the development of Nigeria’s gas resources, as this can “aggregate investment capital, facilitate knowledge transfer and capacity building, enhance skills and build expertise, significantly enhancing Nigeria’s domestic gas sector.”
Source: Nation
