5-DAY INTERACTIVE EXECUTIVE SEMINAR ON “NIGERIAN GAS MASTER PLAN-CURRENT STATUS AND NEXT STEPS
Date: 3rd - 7th February, 2014
OVERVIEW OF THE COURSE:
Significant progress is being made with the Nigerian Gas Master Plan, positioning it to better support major industrialization of Nigeria. Perhaps the most compelling use of gas for industrial development in Nigeria are in the following areas:
- Agriculture (Fertilizer), and
There is a direct correlation between power and industrial development, fertilizer and agricultural production, as well as gas–conversion industries and the petrochemical sector. Gas is critical to Nigeria achieving its ambitious energy plan. Power generation in the country, will have to rely heavily on natural gas as a critical feedstock. So also will the petrochemical industries.
Agriculture accounts for about 35%, of Nigeria’s gross domestic product (GDP). Any increase in agricultural production in the nation will automatically result in an increase in the nation’s GDP. The land in Nigeria is however under nourished, to improve agricultural output will therefore require increased fertilizer application, among other improve farming techniques. It is this light that gas is critical to agriculture in Nigeria
A major thrust of government effort in this regard is anchored around new policy initiatives, legislative and infrastructure frameworks. The recent introduction of the Local Content Law also creates a significant boost in enabling indigenous entrepreneurs to better position themselves and participate in the emerging opportunities. However, natural gas is necessarily more complex and dynamic than crude oil.
This course, the third in its series, provides an unprecedented opportunity to understand the current status and next steps in the implementation of the Nigerian Gas Master Plan, and to position effectively to leverage the opportunities.
Scope of the course:
- Introduction to Natural Gas.
- Policy thrust of the Nigerian Gas Master Plan - objectives, status and next steps.
- Legal and Contractual frameworks for Gas Supply and Purchase, Gas contracts and Gas Administration.
- Economic and Fiscal analysis of Gas-conversion industries; Cash flow projections, risk assessments etc.
- Gas-based industries and implication of the Local Content Law for investors.
- Interactive round-table discussion on investment opportunities in the Gas Master Plan, Power Sector, Gas pipelines and Gas processing infrastructure, Petrochemicals, Ogidigben Gas Industrial Park, etc.
- Current status and next steps of the power sector on-going reforms
- Stakeholders wishing to get fresh understanding of the Gas Sector reforms in Nigeria and seeking to position themselves to leverage investment opportunities.
- Investors and Entrepreneurs who are into Power, Fertilizer and Petrochemicals.
- Legislators and policy makers.
- Government officials involved in power and gas conversion projects.
- Lawyers and Investment Consultants.
- Banking and Financial Services sector professionals.
- NPA, NIMASA, NEPZA, CBN & BPE Officials
- DR. DAVID IGE - Group Executive Director (Gas and Power) NNPC
- DR TIM OKON - Group Coordinator (Corporate Planning & Strategy) and also Director of NNPC Transformation
- MR. GBITE ADENIJI – He is a partner at ADVISORY, Legal consultants.
He is a leading expert on the reform of Nigeria’s natural resources sector and wrote key commercial and regulatory documents for wholesale gas supply in Nigeria.
- MR. RUMUNDAKA WONODI – He is the pioneer Managing Director/Chief
Executive Officer of the Nigerian Bulk Electricity Trading Company Plc
Seminar fee per participant is $3, 900.00; or Naira equivalent