Professional Documents
Culture Documents
Master-plan
Dr. David Ige
Group Executive Director, Gas & Power NNPC
Outline
Our Scorecard
Gas Industrialization
Investment Opportunities
Conclusion
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Source: BP Statistical Review or World Energy 2011
EU Energy Portal; Transparency International, 2011 Report on
Oil and Gas Companies; NAPIMS, Daily Gas Production and
Utilisation Report (August 16, 2011)
Global Context
- Huge Discoveries Globally
US
natural
gas
resources have nearly
doubled through Shale
finds
Significant discoveries
in East Africa
Further discoveries in
West Africa
SOURCE: EIA; Deutsche Bank; Shale Gas.com; USGS; NPC; company announcements; Team analysis
Recent changes in global energy dynamics shift attention to market share particularly in the East.
India is a key part of that discussion
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GAS TO POWER
LNG
Regional
Pipelines
868,000BOE
926,000BOE
The strategy paves way for an unprecedented growth potentially making Nigerias gas sector
number 5 in Africa in terms of BOE. FGNs policy thrust through the Gas Master-plan has been to
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enable this growth
Willing
Buyer
Willing
Seller!!
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The vision is to attain full market status with willing buyer willing seller by 2014/2015
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Outline
Our Scorecard
Gas Industrialization
Investment Opportunities
Conclusion
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mmscfd
Domestic supply is
growing steadily and
to forecast!
We have grown utilizable domestic gas supply capacity to highest ever level of 1500mmcf/d and
still growing
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A second wave of supply projects is being developed with planned capacity of 2150mmcfd between 2015 and
2019 effectively doubling the domestic gas market. A total of 6 projects are being progressed at various stages
of development
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Meeting the Power Sector requirement is a focus area for the gas sector and good progress is
being made
Pricing reform is taking hold, creating a more robust basis for investment in supply
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Oben Geregu
ELPS 2 Oben-Lagos
36 x 324km;
Ongoing project will double
capacity from 1bcf/d to
2bcf/d by Early 2014
Project is ongoing
Enable expanded supply to
support all future power and
industry expansion
Obiafu/Obrikom - Oben
(OB3)
48 x 127km;
Contract was awarded by FEC
in April 2012
Detailed engineering almost
completed
Completion Date Early 2015
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Itoki- Olorunshogo
24 x 31km;
Project has been completed
and currently supplying gas
to Olorunshogo power plant
Addresses permanently the
challenge of supply delivery
to Olorunshogo PHCN/NIPP
Plants
24/30 x 104km;
Project has been completed
Addresses stranded gas in Escravos additional
80mmcf/d (300MW) is currently supplied to the
domestic market and a further 70mmcf/d(250MW)
by October
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Project ongoing
Expected completion
date Early 2014
Project ongoing,
commenced detailed
engineering
Planned
to kick off in
availability
2013
Expected completion
date - 2017
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Outline
Gas Industrialization
Investment Opportunities
Conclusion
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FERTILIZER PLANT
Anchor
Investors
Support
Investors
- SPV
PORT INFRASTRUCTURE
POWER PLANT
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Outline
Gas Industrialization
Investment Opportunities
Conclusion
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Investment Opportunities
Aims to create the largest gas industrial park Sub-Saharan Africa with Fertilizer, Methanol and
Power projects.
PETROCHEMICAL PLANT
FERTILIZER PLANT
Anchor
Investors
Support
Investors
- SPV
PORT INFRASTRUCTURE
POWER PLANT
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Outline
Gas Industrialization
Investment Opportunities
Conclusion
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Conclusion
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THANK YOU
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Jebba
Geregu
NIPP
Ibadan
Olorunshogo
Ajaokuta
Oben
Omotosho
ELPS 2
ELPS 1
Obiafu/Obrikom
Egbin
Aba Industries
Obite
225mmscfd
Odidi
Ogidigbe
Industrial City
Erha
Unicem
Cement
Imo River
Forcados Yorki
Calabar
NIPP
Indorama
Cawthorne
Channel
Alaoji
NIPP
Uquo
GTS 1
Alakiri
100mmscfd
Alscon
Ibom
Power
Bonga FPSO
QIT
Bonny NLNG
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ELPS 2
Oben
Escravos
Obigbo Node
QIT
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Equity
Debt
NNPC
EPC Contractor /
Contractor
Financing
FGN Annual
Appropriation
ECA
3rd Party
Equity
Participation
FGN
Eurobond
Investment Opportunities
FINANCIAL SERVICES
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PIPE MILLING AND
FABRICATION YARDS
$16 Billion
Investment
Opportunity
GAS TRANSMISSION
PIPELINES
UPSTREAM GAS
DEVELOPMENT
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