Nigeria Gas Domestic Sales

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In Nigeria, gas delivery to the domestic market is a contentious topic. Producers want to sell their gas for a profit, and they need to locate reliable purchasers. Nigeria is still under a lot of pressure from the government to achieve its domestic supply requirements (DSOs). Companies who do not reach their DSO are not awarded or renewed licenses under the present administration's policy. Project approvals will be withheld unless operators have a plan in place to monetise gas, and even producers who re-inject gas to boost oil production would be subject to restrictions. The government wants producers to see the requirements as part of their contributions to national development and doing business in Nigeria, according to Nigeria's gas policy. The government recognizes that the home market is undesirable, but it still expects producers to contribute. a potential.

Source: Datapitch
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