Senior leaders of Shell Energy Nigeria have said that Nigeria needs to be more intentional about attracting and retaining investments in the gas sector. The company recently revealed that sustained actions are needed to guarantee economic growth and industrialisation.
Speaking at the 3rd edition of the Gas Investment Forum held in Lagos, the General Manager, Shell Energy Nigeria, Markus Hector, and Managing Director, Shell Nigeria Gas (SNG), Ralph Gbobo, made the remarks at separate sessions of the conference.
According to the executives, investments in key infrastructure, consistency in policies and regulations, and strategic collaborations remain critical to unlocking the nation’s vast gas potential.
Markus stated that such partnerships must also build domestic capacity in engineering, supply chain, operations, and maintenance.
“There is a clear strategic case for collaboration. IOCs bring international experience, deep capital reserves, and strong technical and risk management frameworks, while independents bring local insight, agility, and operational flexibility in the Nigerian context,” he said.
Ralph further highlighted Shell’s ongoing investments in infrastructure, including the development of gas hubs in Port Harcourt, Aba, Ota, and, most recently, Yenagoa, with plans to expand to more cities.
Describing infrastructure as the foundation of Nigeria’s gas industrialisation journey, he noted that investments in this area will not just boost access but also decrease costs and emissions, making gas a more viable option for industries and communities.
He concluded by saying that gas will keep supporting Nigeria’s energy transition while increasing job creation across the nation.
“The opportunities are immense, gas will continue to support Nigeria’s energy transition, providing reliable power while displacing more carbon-intensive fuels, enhancing job creation, industrial diversification, and regional trade.
The success of these levers will be a collaborative effort from both the public and private sectors,” he added.
Folami David is a dynamic journalist who views the world through an analytical lens, translating complex narratives across multiple industries into compelling stories. With an insatiable appetite for information and a keen eye for emerging trends, Folami specializes in uncovering the interconnections between technology, business, culture, and society.
