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Nigeria: Nigeria: NGA Focuses On PIB, Gas Revolution

2012/11/02

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Nigeria: NGA Focuses On PIB, Gas Revolution

The Nigerian Gas Association (NGA) will seek solutions to the divergent views on the Petroleum Industry Bill (PIB) and the gas revolution programme of the Federal Government in its upcoming 8th International Gas Conference and Exhibition scheduled for next month in Abuja.

President of NGA, Mr. Chima Ibeneche, said what was required was for the investors and those interested in the sustainability of the gas industry to continue to be focused and committed to the full implementation of agreed industry deliverables.For the past years proposed legislation to overhaul the government's relationship with exploration and production companies has been under consideration.

With the theme: "The Gas Revolution: Industry Feedback on the Gains, Challenges and Opportunities," the conference would provide an answer to the question of how energy sector contracts would work in the next.

The PIB proposes reforms so profound that almost amount new investment is on hold until the questions raised by this legislation are answered. NGA 2012 Business session on PIB is a veritable platform to hear industry and regulators perspectives on PIB 2012.

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