IDEAS home Printed from https://ideas.repec.org/p/ags/feemes/269538.html
   My bibliography  Save this paper

The Changing Role of Natural Gas in Nigeria

Author

Listed:
  • Occhiali, Giovanni
  • Falchetta, Giacomo

Abstract

Nigeria is richly endowed with energy resources, and the Government has been making large profits from their export. However, windfall revenues have also been affecting the Government’s responsiveness and accountability towards the people and they have brought it into collusive relationship with international oil and gas companies operating in the country. A skewed distribution of petroleum resources costs and benefits, as well as the dependence on exports exposing the public finances to volatility in the international markets have represented further major issues. As a result, energy access and power generation still represent urgent issues for action in the country. Solid biomass accounts for 74% of the primary energy consumption, while the electrification rate stands at 34% in rural areas. Active power plants are mainly gas-fired, but they face capacity, maintenance, and financial constraints. While historically natural gas has been disregarded or flared into the atmosphere because it was considered a by-product of oil due to lacking market conditions and processing capacity, today the development of a domestic market for natural gas is seen as a key priority to guarantee energy security and boost industrial development in Nigeria. A more efficient and equitable governance of the sector and management of export revenues can play a major role in this sense. In this context, this paper highlights the main current issues and underpins key policy conditions for this transition to take place in Nigeria.

Suggested Citation

  • Occhiali, Giovanni & Falchetta, Giacomo, 2018. "The Changing Role of Natural Gas in Nigeria," ESP: Energy Scenarios and Policy 269538, Fondazione Eni Enrico Mattei (FEEM).
  • Handle: RePEc:ags:feemes:269538
    DOI: 10.22004/ag.econ.269538
    as

    Download full text from publisher

    File URL: http://ageconsearch.umn.edu/record/269538/files/NDL2018-010_2.pdf
    Download Restriction: no

    File URL: http://ageconsearch.umn.edu/record/269538/files/NDL2018-010_2.pdf?subformat=pdfa
    Download Restriction: no

    More about this item

    Keywords

    Resource /Energy Economics and Policy;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:feemes:269538. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/feemmit.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.