|
Getting your Trinity Audio player ready...
|
President of NACCIMA, Otunba Dele Oye leads other dignitaries to formally declare the 2nd Edition of the Domestic Gas and Gas Infrastructure Summit open on October 24, 2023
By Anthony Maliki, Abuja
The Federal Government has been urged to invest in development banks for Nigerian entrepreneurs in the Gas space to have a healthy competitive Gas ecosystem.
Besides, the private sector needs to get involved in policy making with the Government accepting private sector inputs.
These were part of recommendations in a communique at the end of the 2nd Domestic Gas and Gas Infrastructure Summit held in Abuja.
According to the recommendations, Nigeria needs to enforce collaborations through various private industries in order to actualize the manufacturing of Liquefied petroleum gas (LPG).
Here is details of the recommendations captured in the communique:
COMMUNIQUE ISSUED AT THE END OF THE DOMESTIC GAS AND GAS INFRASTRUCTURE SUMMIT (DGGIS2023) HELD AT THE ABUJA TRADE AND CONVENTION CENTRE, ABUJA CHAMBERS OF COMMERCE AND INDUSTRY, KM8, AIRPORT ROAD LUGBE, ABUJA, ON 24TH -25TH OCTOBER, 2023
Overview
The Abuja Chamber of Commerce and Industry (ACCI), in collaboration with the Association of Local Distribution of Gas (ALDG) and the Nigeria Gas Association (NGA) organized the 2nd Edition of the Domestic Gas and Gas Infrastructure Summit from 24th to 25th October, 2023.
The event which has the theme ‘Building a Sustainable, Resilient Gas and Renewable Energy Sector in Nigeria and Beyond’, drew participants from the MDAs, Lawmakers, Investors, Start-ups, Research and Academic Institutions, Professional Bodies, Private communities including Industry Practitioners, Policy Makers, business sectors and Principal Partners in Gas Industry, in a bid to have a conversation around Gas and Gas Infrastructure.
The welcome address was given by the Director General of the Abuja Chamber of Commerce and Industry (ACCI), Victoria Akai, and remarks were given by the President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Otunba Dele Oye Esq., the President of the Abuja Chamber of Commerce and Industry, Alhaji Dr. Al-Mujtaba Abubakar ably represented by the Chairman, ACCI Energy Trade Group, Mr. Chinedu Maduakoh, President of Nigeria Gas Association (NGA), Akachukwu Nwokedi, the Chairman Association of Local Distributor of Gas, Professor Joseph Ezigbo and the goodwill message was delivered by the Minister of Power of the Federal Ministry of Power Hon. Adebayo Adelabu ably represented by the Director Energy Resources Department, Federal Ministry of Power Engr. Ojo Emmanuel.
The conference was declared open by the Minister of State, Gas, Federal Ministry of Petroleum Resources Hon. H.E. Ekperikpe Ekpo.
Presentations and Panel Sessions
Day one
The first panel session was moderated by Mr Emeka Ene, the Managing Director/CEO, OiDA Energy.
The session was characterized by a keynote address and a discussion session that centered on, “The Role of Gas in Nigeria’s Energy Transition and Decarbonization Agenda” which was delivered by Amb. Gabriel Aduda, the Permanent Secretary, of the Federal Ministry of Petroleum Resources, and Dr. David Ige ably represented by, the Chief Executive Officer, GasInvest Limited.
The second-panel session keynote address was on “The Implementation and Impact of the Petroleum Industry Act (PIA), 2021 on the Gas Sector to Bridge the Gas Infrastructure Gap delivered by Mr. Akachukwu Nwokedi, the President of the Nigeria Gas Association (NGA) and moderated by Uche Val Obi, SAN, FCIArb, the Managing Partner, and Alliance Law Firm.
Panel session three centered on “The Strategies and Initiatives to Promote Domestic Gas Consumption and Reduce Gas Flaring.” and keynote address was delivered by Mr. Yusuf Usman, the Founder & CEO, of Uplift Consultancy whilst Mr. Ogagbano Adejo-Ogiri, ES, Association of Local Distributors of Gas, was the Moderator and Paper Contributor.
Day two
Day two continues with panel session four (4) on Women in Energy which centered on “The Roadmap in creating Gender Equitable Solutions; Build a Resilient and Sustainable Energy Industry” and the keynote address was delivered by Dr. (Mrs.) Dunni Owo, the President Women in Energy Oil and Gas and was moderated by Engr. Chichi Emenike, Head Gas Ventures, Neconde Energy Ltd.
Panel session five talked about “The Potential, Prospects, and Financing Liquefied Natural Gas (LNG) and Compressed Natural Gas (CNG) for Domestic and Regional Markets” which was moderated by Mr. Pascal Anyanwu, the G.M.D., Alphaden Gas Limited and addressed by Mansur Kuliya, the Executive Director Midstream and Downstream Gas Infrastructure, NMDPRA.
Panel session six was moderated by Dame Rita Kwentoh, Pioneer Director, Energy Innovation, NNPC RTI, and the lead presenter was Mr. Samson Onafeko, the MD/CEO, 3F Captial Limited on “Expanding Methanol Production in Africa as an Alternative Energy Source”. Hence, the importance of Gas Infrastructure to national growth and expansion.
All the stakeholders in the value chain acknowledged the importance of Gas/Energy Infrastructure to economic development in Nigeria.
The Deliberations at the 2nd edition centered on ‘How we can develop the Energy and Gas Structure to enable the improvement of Nigeria’s businesses and achieve economic expansion’.
The Participants Noted:
i. Future economic growth crucially depends on the long-term availability of energy from sources that are affordable, accessible, and environmentally friendly.
ii. On Fuel: Prices are major challenge on PMS and fuel and this makes Gas to be a major means of alternative.
iii. As a nation, all that is needed is an enabling environment for businesses to thrive in the Gas sector for the benefit of all and sundry.
iv. The issue of finances is a major problem and the Nigerian government needs to invest in development banks that are sustainable and accessible.
v. The Government has made significant progress in terms of social responsibility, safety, and environmental preservation by regulating the gas price in a fairground for the economy to run but there is still much more to be done. Meanwhile, until we realize that not everything needs to be subsidized, Nigerians will not get it right.
vi. Nigeria has an Energy transition plan but platform and intervention like this are panacea to ensure the quick implementation of those plans to be actualized.vi. Nigeria’s biggest problem is the lack of collaboration and partnership.
vii. Nigeria has a lot of local companies that can deliver products that is sustainable and efficient if engagement is enforced.viii. Market assurance is where we actually fail as a nation.
ix. Nigeria is a wall of opportunities through the transition of fuel to maximizing Gas/Energyx. Gas as a transition fuel for Nigeria is the way to go especially at this present Nigeria.
xi. Energy represents a catalyst for any developed nation, hence let’s seize the opportunity to discuss how to propel the nation to a greater height.
xii. Nigeria has a complicated system in the power sector and this is the time to liberate gas so it can flare.
xiii. Industrial collaboration is very low in Nigeria.
xiv. Gas is a tool to enable the successful flow of various industries.xv. Based on the demand mapping of 2022 of which the situation is even worse now, the key issue is meeting the demand growth.
xvi. Nigeria’s total gas production is at 7.85bscf/d and this means we don’t produce enough and a significant part of it goes for export.
xvii. We need to do a deepening into our domestic market and have access to processing capacities so that we can improve our Liquefied Petroleum Gas (LPG).
xviii. It is time to implement whatever policy will make us use our crude oil for the Industrial Revolution.
xix. The Government has given us a decade of Gas. However, the Gas infrastructure fund has not been accessed by any company.
xx. We need to know what we have to encourage local production so that Nigeria will begin to do needful in local manufacturing for economic growth and expansion.
xxi. The private industries have to be part of policy input as regards the Gas sector/plant.
xxii. The Government has a critical role to play in addressing the issue of the Gas infrastructure deficit.
xxiii. There should be advocacy, networking, and capacity building for Gender inclusiveness in the gas sector.
Key Recommendations
The Conference recommended as follows:
The Federal Government of Nigeria should invest in the development bank so that Nigerian entrepreneurs in the Gas space can have a healthy competitive Gas ecosystem.
The private sector needs to get involved in policy making and the Government on the other hand should ensure they accept private sector input.
The private sector, government, and academia as well as every hand need to be on deck in ensuring an enabling environment for businesses to thrive through healthy policies.
Nigeria needs to enforce collaborations through the various private industries in order to actualize the manufacturing of Liquefied petroleum gas (LPG).
Nigerians need to come together and collaborate to ensure a fruitful and prosperous nation.
The Government should deregulate the energy sector, thereby finding a solution to our energy mix.
The Government should sort out policies as regards the 10-year decade gas supply before it starts counting.
The necessary Authorities should employ manufacturing components.All hands need to be on deck to ensure Gas in service delivery strategies.
The Government should provide an enabling environment for businesses to thrive by Gas prioritizing.
There is a need to capture the local expert system through local efforts.
There is a need for more publicity and awareness about Liquefied petroleum gas (LPG) and its importance.
The government at all levels should encourage Liquefied petroleum gas (LPG) education and capacity building for its citizens.
On Gas Education: the necessary authority should not limit the idea of Energy and Gas in energy-related courses. Hence, it should penetrate every aspect of life and the economic sector.
More information needs to be put out on policies and regulations in the Gas sector to encourage start-ups and investors.
The Federal Executive Council (FEC) should ensure the approval and implementation of the Gas/Energy Policy for national economic growth and also place out modalities that will ensure that the fund release is well channeled to the right source.Investors should come up with energy/gas implementation strategies.
The National Assembly needs to ensure adequate implementation of the Petroleum Industry Act PIA in a way that delivers value for national economic development.
The Government should deploy radical strategies/modalities to ensure we adhere strictly to designations and achieve results for economic development.
There is a need to have an intense revisit and measure of the price of gas exporters.
The private sector needs to strategically invest in the Liquefied Petroleum Gas (LPG) in a way that is beneficial to all and sundry.
The necessary authorities should implement policies that will advise Energy access owners through the use of integrated approaches that can help mitigate the pricing
On gas flaring: if we look at the trajectory we will see that Gas is flaring, however, the necessary authorities should do the needful in reducing the flaring price.
The power generation company should plead to the Federal government to give us gas and not pay us the component of the gas to enable low tariffs but more power.
There is a need for further synergy and collaboration within the power sector.
The necessary authorities need to have the right pricing frameworks and models in order to curtail the pressing challenges in the Energy ecosystem.
The Private Sector and Government should synergize and deliberate on Gas Pipeline Policy Implementation and Development in order to promote transformative and sustainable Growth in Gas Sectors for Transformation.
Gas industries are involved in renewing Policies for the development of gas pave opportunities for job creation.
The Government and Private industries should increase efficiency on Natural Renewable Gas and Energy.
Done this day, 24th-25th October 2023.
Comments are closed, but trackbacks and pingbacks are open.