5 December 2012

Nigeria: Gas Association Wants FG to Engage Stakeholders On PIB

Photo: Vanguard
Nigeria oil report, Petroleum, Legal

Lagos — The Nigerian Gas Association (NGA) has tasked the federal government to engage the Organized Private Sector and other stakeholders in the oil and gas sector in a comprehensive dialogue and negotiations of the contents, direction and intention of the Petroleum Industry Bill currently before the National Assembly.

The Gas Association noted that the charge became necessary to address all differences and ultimately enact a law which would reflect national aspirations as well as protect all stakeholders' interests.

In a communiqué signed by its President Chima Ibeneche at the end of its 8th International Gas Conference and Exhibition which held in Abuja last week, the association also implored the federal government to begin a reduction in its commercial participation in gas and power sectors and focus more on regulatory supervision.

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