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Nigeria Gas Reverse Trade Mission
Date: March 27 - 31, 2017
Locations: Houston, TX; TBD
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The U.S. Trade and Development Agency (USTDA) is hosting a reverse trade mission (RTM) to introduce high-level representatives from Nigeria’s natural gas sector to leading U.S. technologies, equipment and services that can increase access to gas for power generation projects in Nigeria. This RTM follows USTDA’s successful Business Briefing for U.S. companies at the Offshore Technology Conference (OTC) last May and will feature meetings with public and private sector representatives from the U.S. natural gas industry and site visits that demonstrate U.S. gas technologies and infrastructure. In addition, the RTM will expose the delegates to U.S. policies, regulations and financing mechanisms that can support the implementation of gas projects in Nigeria.

Background

In 2016, the Nigerian government released a draft National Gas Policy for public discussion. The goal was to accelerate the development of gas projects by establishing an appropriate institutional, legal, regulatory and commercial framework for the gas sector that would remove barriers to investment and development.  The government also announced a program for the commercialization of flared gas aimed at monetizing flared and stranded gas.

The long term goals of the National Gas Policy are to develop new gas projects and to build Nigeria’s gas distribution infrastructure. The government estimates that the demand for liquefied natural gas (LNG) will hit $25 billion by 2021, while it expects to catalyze over $3 billion in investment from the commercialization of gas flares by 2018.

The RTM will support Nigerian policymakers as they develop a gas policy aimed at diversifying the Nigerian economy. This event will provide private gas developers in Nigeria with an opportunity to observe U.S. technology in practice as they seek to invest in a $30 billion market.

This RTM is being organized by USTDA contractor, Global Marketing & Communications (GMC).  For more information about how your company can participate, please contact Olympia Brescia at obrescia@gmc-ideas.com or (781) 641-2900.