ENERGY FOCUS REPORT – JANUARY 2020

ENERGY FOCUS REPORT – JANUARY 2020


A.   INDUSTRY HIGHLIGHTS AND GLOBAL TRENDS

 

NIGERIA

 

Oil and Gas

 

Ø  Nigeria plans to access $1bn energy fund for US oil and gas sector

Ø  FG vows to stop importation of petrol by 2023

Ø  Analysts seek speedy reforms in Nigeria’s oil sector to raise investments

Ø  Final passage of PIB expected by mid – 2020

Ø  DPR warns oil producers against Nigeria’s depleting reserves

Ø  NNPC, Partners sign final investment decision for NLNG Train 7

 

Power

Ø  TCN confirms first national grid collapse in 2020

Ø  Nigeria’s record of electricity exports blank for 12 years

Ø  Nigeria’s power sector loses N13bn in 7 days over gas shortages

Ø  DisCos begin migration of customers to cashless platform

 

Alternative Energy

Ø  Nigeria looks to install new solar mini-grids as domestic off-grid surges

Ø  Solar improving Nigerians’ access to electricity

Ø  Nigeria needs to be ready for oil decline

 

Environment

Ø  Experts urge government to tackle emission in cities

Ø  COP25: How Green Bond refocused Nigeria’s low-carbon pathway…continue reading