Emogas Limited Announces Groundbreaking Natural Gas Industry Conference & Exhibition EINGICE 2024, Set to Accelerate Nigeria’s Industrialization
In a bold move to address Nigeria’s growing energy demands and unlock the full potential of its abundant natural gas resources, Emogas Limited, a leading oil and gas service company, has officially announced the upcoming Emogas International Natural Gas-Based Industry Conference and Exhibition (EINGICE) 2024. The landmark event, scheduled to take place from October 30 to 31, 2024, at the prestigious Transcorp Hilton in Abuja, will focus on charting a sustainable future for the country’s gas sector, under the theme “Strategies for the Acceleration of Natural Gas-Based Industrialization of Nigeria: Role of Government, Industry, and Regulators.”
Emogas Limited, renowned for its expertise in oil and gas consulting, engineering, construction, manpower development, and research, is collaborating with key stakeholders from government and industry to host what is expected to become one of Africa’s premier energy forums. The conference will bring together some of the most influential figures in the energy sector, creating an unparalleled platform for professionals, technical experts, and industry visionaries to discuss the strategic imperatives for transforming Nigeria’s natural gas landscape.
A Turning Point for Nigeria’s Natural Gas Industry
Nigeria’s energy landscape is poised for a major transformation, with natural gas taking center stage in the country’s industrialization strategy. As Africa’s largest oil producer and with the seventh-largest proven natural gas reserves in the world, Nigeria has vast untapped potential in its gas sector. Yet, despite these resources, natural gas remains underutilized, leading to missed opportunities for economic growth, industrialization, and energy security.
EINGICE 2024 is set to address these challenges head-on, creating a robust dialogue on how to fast-track the development of Nigeria’s natural gas industry and make it a cornerstone of the nation’s economic future. The conference will focus not only on traditional uses of gas but also on gas monetization technologies like Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), Liquefied Petroleum Gas (LPG), and emerging green gas solutions. These innovations are expected to play a crucial role in Nigeria’s energy transition and help reduce its carbon footprint while stimulating economic growth.
Strategic Visionaries Leading the Charge
A lineup of distinguished keynote speakers, all experts in their fields, will spearhead discussions at EINGICE 2024. Among them is Dr. Augustine (Austin) Avuru, the CEO of AA Holdings and a key investor in several indigenous oil and gas companies, including Seplat Energy, Platform Petroleum, and Pillar Oil. Dr. Avuru is a well-known advocate for the exploration of Nigeria’s untapped natural gas resources and has been instrumental in the development of indigenous oil and gas businesses.
Speaking about the importance of EINGICE 2024, Dr. Avuru remarked, “Our nation—Nigeria—has vast unexplored natural gas resources that should have already attracted significant investments in the gas sector. EINGICE 2024 provides yet another great opportunity to develop policy and funding strategies that will solve the persistent under-utilization of gas in the country and drive economic growth.”
Adding to the dialogue, Mr. Adegbite Falade, the Managing Director/CEO of Aradel Holdings PLC, stressed the importance of collaboration between government and private gas asset owners. He noted, “The collaborative approach between Government and natural gas asset owners will lower the risk of project delays, increase project bankability, and provide a sustainable future for gas in Nigeria and Africa. EINGICE 2024 provides ample opportunity to address these issues and close existing gaps that will lead to rapid growth in gas-based industrialization.”
Another prominent speaker, Dr. Babs Omotowa, the former Managing Director and CEO of Nigeria LNG Limited, highlighted the far-reaching economic implications of natural gas development. He stated, “Nigeria has placed increased focus on the development of natural gas, LNG, LPG, and CNG, underscoring the significant impact of gas on the country’s economy and its role in the energy transition. The EINGICE 2024 conference offers a unique opportunity to not only identify solutions that will address the key challenges of gas development but also discuss the implementation. The growth of gas will have far-reaching fiscal and monetary implications for GDP growth, foreign exchange reserves, government revenues, inflation, and, ultimately, the cost of living for citizens.”
Dr. Omotowa emphasized that EINGICE 2024 will not merely be a platform for discussion but will aim to move beyond dialogue and toward actionable steps that will propel Nigeria’s gas sector forward.
Key Themes and Objectives of EINGICE 2024
With its focus on accelerating Nigeria’s natural gas industrialization, EINGICE 2024 will cover several key themes crucial to the future of the industry. These include:
- Policy and Regulatory Frameworks: Discussions on how the government can develop policies that attract investments, streamline project approvals, and remove regulatory bottlenecks in the gas sector.
- Investment Strategies and Funding: Exploring innovative funding mechanisms and investment strategies to attract both local and international stakeholders to Nigeria’s natural gas projects.
- Gas Monetization Technologies: Presentations on the latest advancements in LNG, CNG, LPG, and green gas technologies and how these can be harnessed to build a robust gas economy in Nigeria.
- Sustainability and Energy Transition: Focusing on how natural gas can play a pivotal role in Nigeria’s energy transition towards cleaner, more sustainable energy sources while reducing greenhouse gas emissions.
- Infrastructure Development: Identifying the critical infrastructure needs for natural gas processing, distribution, and utilization to support industrialization efforts.
- Capacity Building and Manpower Development: Addressing the need for a skilled workforce capable of supporting the growth of the natural gas sector through specialized training and professional development programs.
Building a Path Toward Industrialization and Economic Growth
EINGICE 2024 aims to be more than just a conference—it is designed to be a catalyst for change in Nigeria’s gas industry. By bringing together key players from the private sector, government, regulatory bodies, and international investors, the conference will facilitate the kind of high-level discussions necessary to turn ideas into actionable outcomes.
The overarching goal is to increase the utilization of natural gas within Nigeria and across Africa, boost industrialization, and create a sustainable energy ecosystem that benefits all stakeholders. This will have a ripple effect on other sectors, including manufacturing, transportation, and power generation, all of which rely on affordable and reliable energy.
The conference is also expected to play a critical role in influencing policy changes and encouraging collaboration between the public and private sectors. Nigeria’s natural gas sector, long seen as underdeveloped, has the potential to become one of the driving forces of the country’s economy, reducing the nation’s dependency on crude oil while creating jobs and contributing to GDP growth.
As the countdown to EINGICE 2024 begins, the energy sector and wider business community are eagerly anticipating the opportunities this conference will unlock. The event promises to be a game-changer for Nigeria’s natural gas industry, setting the stage for accelerated industrialization and economic growth. Through collaboration, investment, and innovation, EINGICE 2024 will lay the groundwork for Nigeria to become a leader in natural gas development, both within Africa and globally.
In the words of Dr. Augustine Avuru, “EINGICE 2024 will not just be about discussions; it will be about results—results that will transform Nigeria’s gas sector and, by extension, the nation’s economy.”
With industry leaders like Emogas Limited driving the conversation, Nigeria’s natural gas future is brighter than ever.
