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Nigeria's Decade of Gas initiative represents a concerted effort by the government and private sector to leverage the country's abundant natural gas resources for economic development and energy transition. The initiative, launched in 2021, aims to transform Nigeria into a gas-powered economy by 2030 through a series of policy reforms, infrastructure development, and investment attraction strategies.

Key components of the Decade of Gas initiative include

1Gas Infrastructure Development (Pipeline and Virtual)

The government is prioritizing the development of critical gas infrastructure such as pipelines, gas processing facilities, and liquefied natural gas (LNG) plants to enhance the production, processing, and distribution of natural gas across the country.

This infrastructure expansion aims to address existing gas supply constraints and facilitate the efficient utilization of gas resources.

2Policy Reforms & Regulatory Framework

The success of the Decade of Gas initiative relies on the implementation of supportive policy and regulatory frameworks.

The government is undertaking reforms to streamline licensing procedures, improve fiscal terms, and create a conducive investment climate for stakeholders in the gas sector. These reforms are aimed at attracting private capital and expertise to accelerate the development of Nigeria's gas resources.

3Gas For Export ( LNG / WAGP etc)

Nigeria is a major exporter of LNG, and the Decade of Gas initiative seeks to capitalize on the global demand for cleaner energy sources by expanding the country's LNG production capacity.

Through strategic partnerships with international investors and the development of new LNG projects, Nigeria aims to increase its share of the global LNG market and generate additional revenue from gas exports.

4Gas to Power

One of the central objectives of the initiative is to increase the utilization of natural gas for power generation.

By promoting the construction of gas-fired power plants and incentivizing investments in the gas-to-power value chain, Nigeria seeks to enhance electricity generation capacity, improve grid reliability, and reduce reliance on more expensive and polluting fuels like diesel and fuel oil.

5Gas to Homes

Expanding access to clean and affordable energy for residential use is a key objective. By promoting the distribution of natural gas to households, the initiative seeks to reduce reliance on traditional fuels like firewood and kerosene, thereby improving indoor air quality, reducing deforestation, and enhancing overall energy efficiency. It is envisioned that supply through pipelines or cylinders will promote the use of gas in homes. The initiative aims to increase the availability of gas for cooking, and electricity generation in homes, which contributes to economic development, environmental sustainability, and improved standards of living for Nigerian households.

6Gas to Industries

The Decade of Gas initiative aims to stimulate industrial growth and job creation by encouraging the use of natural gas as a feedstock for domestic industries.

By promoting gas-based industrialization, Nigeria seeks to enhance the competitiveness of its manufacturing sector, attract foreign investment, and diversify the economy away from oil dependency.

7Gas Sector Capacity Building

This is another crucial component of the Decade of Gas Initiative. This involves investing in training programs, skill development, and infrastructure to enhance the capabilities of individuals and institutions involved in the gas sector. By building capacity, the initiative aims to address skill gaps, improve technical expertise, and foster innovation within the gas industry. This, in turn, enables the sector to operate more efficiently and meet the growing demand for gas across various sectors of the economy.

The desired sustainable widespread adoption of gas requires intentional efforts to overcome embedded biases related to safety. The scope therefore includes education about the potential risks associated with gas usage and imparting knowledge on safe practices, emergency procedures, and preventive measures. Ultimately, capacity building plays a vital role in ensuring the long-term success and sustainability of the gas sector and the Nigeria Decade of Gas Initiative

Overall, Nigeria's Decade of Gas initiative represents a comprehensive strategy to unlock the full economic potential of the country's natural gas reserves while promoting sustainable development and energy transition objectives. By harnessing gas as a catalyst for economic growth, Nigeria aims to achieve inclusive prosperity, energy security, and environmental sustainability in the coming decade.
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The Decade of Gas initiative, launched in 2021, is focused on transforming Nigeria into a gas-powered economy by 2030 through series of policy reforms, gas supply projects maturation, gas infrastructure expansion, capacity building and robust investment attraction strategies.

Contact

5th floor
NMDPRA Annex
Shehu Yar’adua way
Jabi, FCT Abuja
Nigeria
+234 705 547 7558
info@decadeofgas.com.ng