Skip to content
July 8, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

Watch Online
  • Home
  • Business & Economy
  • Gas to play a significant role in Africa’s energy mix, says NLNG’s MD
  • Business & Economy

Gas to play a significant role in Africa’s energy mix, says NLNG’s MD

Admin September 17, 2023

NLNG MD

 

NLNG MD, Dr. Philip Mshelbila

Natural gas should and will play a significant role in Africa’s energy mix to meet the demands arising from rapid population growth and economic expansion, as well as the need for affordable access to clean energy and supply security for industrialisation, says Dr. Philip Mshelbila, Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG).

Dr. Mshelbila made these remarks during a strategic session at the recently concluded 2023 Gastech Exhibition and Conference in Singapore, where he discussed Africa’s role in increasing supply resilience in the energy transition context. He stated that African gas could enhance global energy security by increasing gas production, ensuring a steady supply source despite rising domestic consumption, and the growth of floating LNG, facilitating the rapid delivery of gas products to the market.

He stressed the necessity of adopting a multi-dimensional approach to the energy transition, considering Africa’s specific context and evolving needs. Dr. Mshelbila pointed out that the continent is already capitalising on opportunities in the energy transition, utilising gas as an evolutionary energy source that offers a cleaner alternative to traditional biomass and coal. He highlighted that transitioning from polluting sources to liquefied petroleum gas (LPG) and compressed natural gas (CNG) can reduce emissions by up to 48%. He cited Nigeria as an example, where the government actively promotes CNG usage in the transportation sector to expand gas utilisation and drive progress across various industries.

Dr. Mshelbila also noted that Africa is maximising opportunities in the growing LNG market, increasing its production capacity to substantially contribute to global supply. He added that Africa is emerging as a critical global gas supply source, with production expected to double, solidifying the continent’s role in global energy security.

“The largest gas markets in Africa remain Algeria and Nigeria, which account for at least 55% of the continent’s gas reserves. However, exciting new gas markets are emerging across the continent, especially in LNG developments in Mozambique, Senegal, the Congo, and Tanzania,” he stated.

Furthermore, Dr. Mshelbila stated that efforts are underway to develop inter-regional gas supply pipelines to facilitate the movement of gas resources from West Africa to North Africa and beyond, promoting intercontinental trade.

Regarding the energy transition, he highlighted Africa’s progress in the field of hydrogen. He said that when produced using Africa’s abundant gas resources in conjunction with renewables, hydrogen can position the continent as a major hydrogen exporter in the near future.

In conclusion, Dr. Mshelbila emphasised that Africa is taking a proactive, region-specific approach that leverages its unique strengths and resources, offering promise for a sustainable energy future and a crucial role in the global energy transition.

The Gastech Exhibition and Conference is a significant platform for professionals in the natural gas, LNG, hydrogen, low-carbon solutions, and climate technologies industries to discuss the latest developments in the sector. NLNG actively participated in strategic leadership sessions and the exhibition.

Tags: Dr. Philip Mshelbila Gastech Exhibition natural gas NLNG singapore

Post navigation

Previous Ndiomu: Group Chides Niger Delta people over pull him down syndrome 
Next Forging Ahead: NDDC’s Collaborative Push for a Sustainable Niger Delta

Related Stories

Nigeria’s ‘Dig-Once’ Policy: NCC Targets Lower Broadband Costs Through Strategic Pricing Model NCC
  • Business & Economy

Nigeria’s ‘Dig-Once’ Policy: NCC Targets Lower Broadband Costs Through Strategic Pricing Model

July 8, 2026
30 vessels to arrive Lagos ports with petroleum products, other items greater efficiency
  • Business & Economy

30 vessels to arrive Lagos ports with petroleum products, other items

July 8, 2026
IMF Projects Nigeria’s Economy to Grow 4.1% in 2026 Amid Global Slowdown
  • Business & Economy

IMF Projects Nigeria’s Economy to Grow 4.1% in 2026 Amid Global Slowdown

July 8, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Navy busts illegal crude oil storage network in Rivers Naval rating arrested
  • National News

Navy busts illegal crude oil storage network in Rivers

July 8, 2026
Nigeria’s ‘Dig-Once’ Policy: NCC Targets Lower Broadband Costs Through Strategic Pricing Model NCC
  • Business & Economy

Nigeria’s ‘Dig-Once’ Policy: NCC Targets Lower Broadband Costs Through Strategic Pricing Model

July 8, 2026
Windstorm, Heavy Rain Kill 3, Affect Over 5,400 in Jigawa government areas
  • National News

Windstorm, Heavy Rain Kill 3, Affect Over 5,400 in Jigawa

July 8, 2026
30 vessels to arrive Lagos ports with petroleum products, other items greater efficiency
  • Business & Economy

30 vessels to arrive Lagos ports with petroleum products, other items

July 8, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.