The Oil & Gas Year Nigeria 2011
Africa’s most populous state, Nigeria, is the continent’s most mature oil and gas producer, leading sub-Saharan Africa in deepwater production, gas monetisation and local content initiatives. Oil and gas industry participants have witnessed significant progress since 2009, with a government amnesty on militant activity, a new local content act and increased activity among indigenous producers driving exploration and production operations.
General elections in 2011 brought a new head of state to the Aso Rock presidential villa. Goodluck Jonathan, along with Petroleum Resources Minister Diezani Alison-Madueke and federal lawmakers, grappled with a new Petroleum Industry Bill. While international oil companies anxiously await the outcome of the government’s negotiations for the new industry law, foreign and domestic investors are eying up the power and downstream sectors, both of which are undergoing reforms in 2012 and beyond.
The Oil & Gas Year Nigeria 2011 profiles the oil and gas developments in this dynamic market in a year of transformation for the nation and its energy industry. Through more than 100 interviews with executives and policy-makers, the report explores the major issues over the year and presents viewpoints and analyses alongside maps and resources on gas utilisation, deepwater production and power infrastructure. The Oil & Gas Year Nigeria 2011 is Wildcat’s first edition on this key energy producer and is the most informative guide to the nation’s energy industry to date.