Energy
๐ก๐๐๐ ๐, ๐๐๐๐ก ๐๐ป๐ฎ๐๐ด๐๐ฟ๐ฎ๐๐ฒ ๐๐ผ๐ถ๐ป๐ ๐ช๐ผ๐ฟ๐ธ๐ถ๐ป๐ด ๐๐ผ๐บ๐บ๐ถ๐๐๐ฒ๐ฒ On ๐๐ฎ๐ ๐๐ผ๐บ๐บ๐ฒ๐ฟ๐ฐ๐ถ๐ฎ๐น๐ถ๐๐ฎ๐๐ถ๐ผ๐ป
The Nigerian Content Development and Monitoring Board (NCDMB) has constituted a Joint Working Team (JWT) with the Gas Aggregator Company Nigeria (GACN) Limited on gas utilisation and commercialisation.
According to a statement on its verified handle on micro-blogging website, X, this transpired last Wednesday.
At the inauguration at the Boardโs liaison office in Abuja, the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe, acknowledged the correlation between the mandates of the Board and GACN, noting that the collaboration would stimulate gas market expansion and sustainable development and monitoring of the midstream and downstream activities as relate to the Nigerian oil and gas sub-sector through commercialisation opportunities.
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The Executive Secretary, who was represented by the Director, Monitoring and Evaluation, Mr. Abdulmalik Halilu, announced that the aim of setting up the Team is to jointly develop a roadmap and strategise on new modalities for achieving collaboration and coordination among key stakeholders towards the effective commercialisation of Nigeriaโs gas resources, thereby enhancing market penetration, fostering investment, and promoting sustainable growth in the Nigerian gas subsector.
While highlighting the responsibilities to the newly inaugurated Joint Working Team, he further charged members to work harmoniously to revisit, review and execute the Terms of Reference.
In his response, the Managing Director, Gas Aggregator Company Nigeria Limited, Mr. Chijioke Uzoho, stated that the Federal Government declaration of โDecade of Gasโ is focused on transforming Nigeria into a gas-powered economy by 2030 through a series of policy reforms, gas supply projects maturation, gas infrastructure expansion, capacity building and robust investment attraction strategies.
He assured of initiating the mobilisation of compressed natural gas (CNG) facilities in the host state that houses the Local Content Board, โto encourage the use of CNG as automobile fuel in Nigeria,โ adding, โwe (GACN) need to develop favourable market-based policies and a natural gas transmission and distribution network; increase availability and access to CNG refueling stations and public awareness; begin with bi-fuel/dual-fuel automobiles in the state and country at large.โ
Mr. Abdulmalik Halilu (NCDMB) and Mr. Chijioke Uzoho (GACN) will serve as co-chairpersons on the steering committee. Other members from the NCDMB include Ms. Tassalla Tersugh, Mr. Adedamola Aderibigbe, Mr. Ibrahim Sule and Mr. Brilliant Okon. Representatives from the GACN are Oche Agbese, Tari Mayor-Bright, Somkene Tassie, Muhammed Abdulhamid, Kufre Medo and Ekene Ebenebe.
The terms of reference of the JWT cover three key activity areas, namely, Market Development Initiatives and Strategies, Collaborative Coordination of Industry Events, and Industrial and Innovative Park Development.
Energy
Nigeriaโs First Energy Infrastructure Map for Unveiling at NOG 2026
In what is expected to provide investors and industry stakeholders with a detailed overview of Nigeriaโs energy assets and opportunities, her first comprehensive Gas and Power Infrastructure Map will be unveiled at the 25th edition of NOG Energy Week.
It was gathered that the publication, developed by the Gas for Africa programme in partnership with NNPC Limited, will be launched during the annual energy conference in Abuja and is being positioned as a major step towards improving transparency and investment decision-making in Nigeriaโs gas and power sectors.
Industry stakeholders have long cited the lack of consolidated and reliable infrastructure data as a major challenge to attracting investment into the sector. The new map seeks to address that gap by providing a single source of information on Nigeriaโs gas and power infrastructure, including pipelines, gas processing facilities, power generation assets, LNG terminals and key transmission networks.
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Alongside the infrastructure map, organisers will also release a comprehensive report on Nigeriaโs gas sector, which they describe as the most extensive industry intelligence publication ever produced on the countryโs gas value chain.
The report examines developments in the sector since 2020 and covers key areas such as the NNPC Gas Master Plan 2026, gas reserves and production trends, pipeline infrastructure, capacity challenges, compressed natural gas (CNG), piped natural gas (PNG), liquefied natural gas (LNG) markets, gas-to-power projects and gas-based industrialisation.
According to the organisers, the publication provides an end-to-end assessment of Nigeriaโs gas industry and offers critical insights for investors, policymakers and industry operators.
The launch comes at a time when global energy markets are undergoing significant shifts, driven by geopolitical tensions and increasing demand for alternative and secure energy supplies.
Organisers noted that Nigeria is strengthening its position as a major energy player, supported by rising crude oil production, implementation of a new Gas Master Plan and expanding refining capacity.
They said the infrastructure map and accompanying report are expected to help convert investor interest into concrete projects by providing accurate data on existing assets, infrastructure gaps and future opportunities across the sector.
Attendees at NOG Energy Week will be the first to access both publications as government officials, energy executives, investors and industry leaders gather in Abuja for the five-day event.
The conference is also expected to feature investment discussions, joint venture announcements, memorandum of understanding signings and project partnerships aimed at advancing Nigeriaโs energy development agenda.
With preparations gathering momentum ahead of the event, organisers said NOG Energy Week 2026 will provide a platform for stakeholders to examine the future of Nigeriaโs energy sector and its role in Africaโs broader energy transition and industrial growth.
Energy
OPEC+ Increases Production Quotas for July
OPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikely to have an impact on prices sent higher by the Mideast war.
Jorge Leon, analyst at Rystad Energy, said ahead of the expected increase that it โmeans very little while the Strait of Hormuz remains closedโ.
He added: โThe market is not short of quota announcements; it is short of physical barrels that can actually move. In that sense, the 188,000 barrels per day increase would be more of a policy signal than a real supply boost.โ
The hiked production output was agreed Sunday in a video meeting of oil ministers from key OPEC+ countries Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, a statement from the organisation said.
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The increase was similar to ones decided in previous months.
The OPEC+ statement said the latest agreed hike was โto support oil market stabilityโ but that the seven countries also saw an opportunity โto accelerate their compensationโ in a time of historically high oil prices.
It added that the ministers โreaffirmed the importance of adopting a cautious approach and retaining full flexibility to increase, pause or reverse the phase out of the voluntary production adjustments, including reversing the previously implemented voluntary adjustments announced in November 2023โ.
Leon, at Rystad Energy, said that OPEC+ was wary in case the Mideast war changes, and Iranโs stranglehold on the Strait of Hormuz eases.
โWhen the Strait of Hormuz reopens, the market could move very quickly from fear of shortage to fear of surplus,โ he said.
โReturning OPEC+ supply, a stronger US shale response and weaker demand after a period of very high prices could leave the market with a very large oversupply problem,โ he said.
AFP
Energy
Nigeria, Algeria, Niger Back Trans-Saharan Gas Pipeline Project
Nigeria, Algeria, and Niger have expressed joint commitment to the Trans-Saharan Gas Pipeline (TSGP) project, which is set to significantly strengthen Africaโs regional energy security.
Nigeriaโs Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, made the disclosure on Thursday at the 5th Ministerial Meeting of the TSGP Steering Committee in Algiers.
The high-level session included ministerial delegations from the three participating nations and a strategic consultation with Algerian President Abdelmadjid Tebboune.
The minister reaffirmed Nigeriaโs commitment to the successful delivery of the multi-billion-dollar infrastructure project, describing it as a landmark initiative that will redefine energy security across the continent.
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According to Ekpo, technical and commercial discussions are ongoing among stakeholders to reinforce the regulatory and financial frameworks required for the projectโs implementation.
He noted that officials from the three countries have reviewed the latest feasibility reports and officially resolved that the project proceeds immediately into its next development phases.
โThis project means a lot to the three countries in terms of industrialisation and job creation,โ Ekpo asserted.
โWeโve talked about the Trans-Saharan Gas Pipeline, and the President of Algeria has expressed his interest in the completion of the project,โ Ekpo said. โI assure him that on the part of Nigeria, we will do everything possible to ensure the project sees the light of day.โ
The minister pledged to work closely with his counterparts in Algeria and Niger, as well as the respective national oil companies โ including the Nigerian National Petroleum Company Limited (NNPC Ltd) and Algeriaโs Sonatrach โ to accelerate project implementation.
On his part, President Tebboune reaffirmed Algeriaโs full diplomatic and financial commitment to the pipeline.
He expressed confidence that with the robust political will demonstrated by the three governments, the pipeline will seamlessly move from planning to execution.
Tebboune noted that when completed, the transnational pipeline would deliver energy security, lucrative investment opportunities, and sustainable economic development for millions of people across Africa and European export markets.





