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ACCI President Presents Opportunities for Investors in Untapped Natural Gas

The President of Abuja Chamber of Commerce and Industry (ACCI), Dr Al-Mujtaba Abubakar has said there are opportunities for investors to harness in Nigeria natural gas as we have large untapped reserves.

Dr Al-Mujtaba made this known during his presentation on, “Hydrocarbons, Used Oil Regeneration, Safety Management in the Oil and Gas Environment, Commercial Prospect and Opportunities in the Domestic Gas Utilization in Nigeria”, at the second edition of Petroafrica Conference held between 14th – 17th June, 2022 in El-Kram Tunis, Tunisia.

He gave detailed presentation on the Nigeria gas industry, from proven reserve to our daily gas consumption in Nigeria and also the governments agenda for gas by declaring 2020-2030 the decade of gas where he captured the CBN gas intervention fund.

The conference which is focused on the oil and gas sector had in attendance energy Ministers, Global CEO’s and leading stakeholders alongside companies that shape the future of oil and gas across the African continent.

A B2B was meeting organised by Mrs Besma with some companies who would like to do business in Nigeria. The identified companies are; First Services, Target Energy Solutions, ASF Consulting, Innova soft Integration are interested in partnerships in Nigeria.

“They were advised to do a formal letter to the Chamber attaching their companies’ profiles.”

The event had participants that expressed desire to invest in the Nigerian energy sector and was buttressed by the Director General of Ministry of Energy in Tunisia who indicated interest to partner with the NIgerian government for the supply of Natural gas to Tunisia.

The Tunis DG also said they are willing to facilitate the process and open up conversations with the designated authorities.

The President ACCI assured them that the Chamber will facilitate their meeting with NNPC and advised them to write through their embassy in Nigeria.

The Petroafrica conference which is a platform for the oil and gas industry to interphase for enhanced collaborations amongst government and organisation attracted participant from different parts of the world such as Germany, Angola, Libya, Kenya, Mauritania, Congo, France, others.

Quite a number of companies expressed their willingness to participate in the 2023 Petroafrica Conference to be held in Nigeria.

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