Monday, March 28, 2011

Nigeria unveils multi-billion dollar gas sector investments

Platts
24 March 2011

Nigeria unveils multi-billion dollar gas sector investments

Nigerian President Goodluck Jonathan Thursday unveiled foreign investments amounting to billions of dollars in the country's gas sector as part of its much-vaunted plan to harness more of its abundant gas resources.

In total, Nigeria's plans to increase supply and use of gas in the country are expected to involve total investment of some $25 billion, Jonathon said as he disclosed details of the projects involved at a ceremony in Abuja.

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