Daily Trust: Low Oil Price’ll Be Blessing For Nigeria’s Gas Dev – Ihenacho

In this interview, Chief Executive Officer of Seven Energy International Limited, Mr. Philip Ihenacho, speaks on a wide range issues in the nation’s oil and gas sector.

How would you assess Nigeria’s domestic gas market?

The domestic market for gas in Nigeria is potentially very large. When you talk about gas, you are talking about energy. . If those who are running diesel generators at a very high cost and using a source of fuel that is very damaging to the environment could move to gas, the demand will be huge. The only challenge is the significant gas infrastructure deficit that Nigeria is currently experiencing. There is no shortage of demand but a shortage of gas infrastructure which is required in order to deliver gas to the end customers. 

Read the full article HERE.