....In the absence of regulatory risk, potential foreign investors would have plenty of reasons to be positive about investing in the Nigerian oil and gas industry. An economy with healthy growth of 7.8% in 2011 has very attractive energy dynamics. Oil demand is forecast to average 3.62mn barrels a day in 2011 and then rise to around 4.09mn b/d by 2015. Gas consumption growth is due to be even steeper, with demand of 162.3bn cubic metres (bcm) forecast for 2015, up from 120.6bcm in 2010. Given that Nigeria has also become an increasingly important supplier of LNG to European buyers, extra investment in gas production is vital. Gas export growth is due to increase 58% by 2015 from 2010 levels....
http://www.pennenergy.com/index/articles/newsdisplay/1482549665.html
0 comments:
Post a Comment