Natural Gas Business Forum 2017 Holds in Lagos

By Dipo Olowookere

On Thursday, June 15, 2017, stakeholders in the oil and gas industry will converge in Lagos for this year’s Natural Gas Business Forum.

Over 200 of the industry’s most prominent and influential executives involved along the Nigeria oil, gas/LNG and power generation value chains, including governments, off takers, developers, gas upstream suppliers, pipelines, construction firms, equipment providers, and financiers will be attending the event, organisers have said.

The forum, themed ‘Embracing new realities: resetting our gas to power industry,’ is organised by the Nigerian Gas Association and will take place at Eko Hotel and Suites, Lagos by 9:30am.

At the summit, executives will enjoy an excellent opportunity for open discourse and constructive debate and will also hear from expert contributors examining the evolution and expansion of the gas power business.

They will also look into impacts of the new supply and weaker demand in a lower-for-longer price era, tools needed to support a solid energy strategy, impact of cost-reflective tariffs, PPAs, risk allocation and regulations.

In addition, participants will look at predictions for long-term, emerging new markets and demand stimulation, adding flexibility to the energy mix-Floating LNG Power Stations (FLPS).

Furthermore, stakeholders will seek to answer the questions like, where next for the nation’s energy policy that will foster the next wave of investment? Where does the industry need to invest to catalyse new demand and is investment in energy infrastructure the answer? Marrying the investment horizons of gas fields with the financing realities of gas-fired power generation?

Organisers have promised participants of a worthwhile forum.

Meanwhile, the 18th Annual General Meeting (AGM) of the association will hold on the same day by 12 noon at the Expo Convention Centre of Eko Hotel and Suites.

Some of the things to look into include presentation of the association’s annual report for the year ended December 2016, receive and consider the consolidated financial statement of the NGA for the year ended 31st December 2016, and as well transact any other business as may be required by the AGM.