Photo Credit:Punch Newspapers
The Federal Government has approved the country’s first gas trading licence aimed at boosting liquidity and transparent pricing in the domestic gas market. The Nigerian Midstream and Downstream Petroleum Regulatory Authority said the new framework will allow licensed entities to aggregate and trade gas volumes across multiple contracts and buyers.
Officials believe the regime will attract fresh investments into gas infrastructure, enhance market competition and support power generation, industries and household consumption. The step also aligns with Nigeria’s gas‑as‑transition‑fuel strategy and broader plans to diversify revenues away from crude oil.
Source: Punch Newspapers – 12 Dec 2025
2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12
