Two senior leaders of Shell Energy Nigeria organisation have stressed the need for Nigeria to sustain actions to attract and retain investments in the gas sector of the country in order to ensure economic growth and industrialization.
Speaking at the 3rd edition of the Gas Investment Forum in Lagos the General Manager Shell Energy Nigeria, Markus Hector and Managing Director Shell Nigeria Gas (SNG) Ralph Gbobo stated that investments in key infrastructure, consistency in policy and regulations and partnerships are necessary as enablers for the development of the Nigerian huge gas resources.
In the remarks delivered on his behalf by the Head, Portfolio, Regulation and Supply, Chuka Amos-Ejesi, at a panel session on Nigeria’s Decade of Gas Imperative: Driving Investments through IOC–Independent Partnerships, Mr. Markus said: “There is a clear strategic case for collaboration. IOCs bring international experience, deep capital reserves, and strong technical and risk management frameworks while independents bring local insight, agility, and operational flexibility in the Nigerian context.”
He noted that such “partnerships must also build domestic capacity in engineering, supply chain, operations, and maintenance.”
Earlier in his remarks at the opening ceremony, Mr Gbobo disclosed that the SNG is developing infrastructure by building gas hubs in Port Harcourt, Aba, Ota, and recently, Yenagoa and hopes to extend to other Nigerian cities.
He described infrastructure “as the backbone of Nigeria’s gas industrialisation journey, saying that investments in this area “will not only improve access, but also reduce costs and emissions, making gas a more viable option for industries and communities.”
Ralph noted that policy clarity and consistency are essential for attracting long-term capital, while “effective collaboration is the catalyst for scale and innovation.”
“The opportunities are immense, gas will continue to support Nigeria’s energy transition, providing reliable power, while displacing more carbon-intensive fuels, enhance job creation, industrial diversification, and regional trade. The success of these levers will be a collaborative effort from both the public and private sectors,” he said.
The statement by the organisers stated that the Gas Investment Forum brought together industry leaders, policymakers, investors, and other stakeholders on investment opportunities across the gas value chain, including upstream, midstream and downstream.
GIK/APA