Nigeria: NGP sets out industry model

The Federal Government of Nigeria’s new 100-page National Gas Policy (NGP) sets targets for policy reforms and improvements, starting in the upstream with policies to develop gas resources. The NGP aims to encourage exploration and development of new gas supply sources from inland and offshore basins, and to develop portfolio management methodologies to prioritise low-cost gas development. New reserves would then feed a restructured gas supply industry, whose future shape is outlined in the NGP.