As part of the U.S. Gas Infrastructure Exports Initiative, USTDA staff spoke with Slav Gatchev, Managing Director of Delphos International, Ltd., a Washington, D.C.-based project finance advisor, about Liquefied Natural Gas (LNG) related export opportunities for U.S. companies in sub-Saharan Africa. Delphos International has worked on USTDA-funded activities in Latin America, Southeast Asia, sub-Saharan Africa, and Central and Eastern Europe.
With significant gas resources, Nigeria has the potential to accelerate national development and quickly meet the targets of its economic recovery and growth plan. However, many of these resources remain untapped because of issues related to demand, pricing, and infrastructure deficiencies. Associated gases have been flared for decades, wasting valuable resources and constituting significant health and environmental hazards.