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The Gas Industry in West Africa
BY Louise Mitchell
Senegal
01 October 2020
R 14 400.00 (ZAR)  
estimated $ 866.34 (USD) *
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The Gas Industry in West Africa


Nigeria is the leading gas producer in West Africa and has 99% of the region’s total proved resources. The biggest recent find of natural gas in the region was on the maritime border of Senegal and Mauritania. The sector is dominated by international oil companies that include Royal Dutch Shell, Total, BP and Oryx Energies which are involved in upstream and downstream activities.


Survival Strategies


The coronavirus outbreak and low oil prices forced operators to employ survival strategies such as halting non-essential activities, adopting forced leave or layoff strategies, slowing output, expanding storage capacities, refining sales and purchase agreements, and using hedging instruments to market their crude oil. Commentators said that coronavirus will necessitate a reassessment of project development plans, many of which carry operating costs incompatible with a low oil price. Some major players have reduced their investment in exploration and production projects by 25% in 2020.


Nigeria


Despite its sizeable gas reserves, gas supply interruptions to thermal power stations are leading to power supply interruptions in Nigeria. The gas supply problem results from the inadequacy and inefficiency of investments in critical domestic gas infrastructure, exacerbated by years of regulatory uncertainty in the domestic gas market. Seven gas projects aimed at overcoming a looming gas supply gap have been fast tracked.


Report Coverage


This report on the gas industry in West Africa focuses on the downstream activities of preparation, processing and production of gases in gasworks, and the production of gas by the carbonation of coal or by mixing manufactured gas with natural gas or petroleum or other gases and distribution via tankers and/or pipelines and gas cylinders. It includes comprehensive information on the state and size of the sector in various countries, developments and corporate actions and influencing factors. There are profiles of 10 companies operating in the region including the major multinational players such as Royal Dutch Shell, Total and Exxon Mobil, and local players such as the Nigerian National Petroleum Corporation and the Ghana National Petroleum Corporation.


Page
1. INTRODUCTION 1
2. REGION INFORMATION 1
3. DESCRIPTION OF THE INDUSTRY 2
3.1. Industry Value Chain 3
3.2. Geographic Position 6
4. SIZE OF THE INDUSTRY 10
5. STATE OF THE INDUSTRY 12
5.1. Region 12
5.1.1. Trade 15
5.1.2. Corporate Actions 16
5.1.3. Regulations 17
5.2. Continental 19
5.3. International 23
6. INFLUENCING FACTORS 24
6.1. Economic Environment 24
6.2. Input Costs 25
6.3. Technology, Research and Development (R&D) and Innovation 25
6.4. Labour 26
6.5. Gas for Electricity Generation 27
6.6. Environmental Concerns 29
7. COMPETITION 30
7.1. Barriers to Entry 31
8. SWOT ANALYSIS 31
9. OUTLOOK 32
10. INDUSTRY ASSOCIATIONS 33
11. REFERENCES 33
11.1. Publications 33
11.2. Websites 34
APPENDIX 1 35
Summary of Notable players 35
COMPANY PROFILES 42
CAIRN ENERGY PLC 42
DANGOTE INDUSTRIES LTD 45
ENI SPA 47
EXXON MOBIL CORPORATION 56
GHANA NATIONAL PETROLEUM CORPORATION 65
KOSMOS ENERGY LTD 69
NIGERIAN NATIONAL PETROLEUM CORPORATION 74
ROYAL DUTCH SHELL PLC 77
TOTAL S.A. 84
TRAFIGURA GROUP PTE LTD 87