In an interview with CNBC Africa, our partner, Oyeyemi Oke discussed recent happenings in the Nigerian oil and gas industry with respect to IOC investments and Gas Monetization.

The outcome of the Naira-for-Crude deal could influence Nigeria’s petroleum product availability and pricing, says Oyeyemi Oke, Partner at AO2LAW, in a discussion with CNBC Africa. He highlights concerns over crude supply inconsistencies and their potential impact on fuel prices, as well as the role of forward sale contracts in meeting Nigeria’s financial obligations. Oyeyemi also discusses the challenges facing modular refineries and the importance of sustaining crude production volumes amid ongoing pipeline sabotage.

Nigeria’s natural gas supply is under threat due to increased pipeline vandalism and illegal connections, causing an 80% drop in supply and disrupting operations. Our partner, Oyeyemi Oke, joins CNBC Africa to discuss the financial, contractual, and security implications of this crisis, as well as potential solutions through technology, regulation, and community engagement.

Watch the full interview for expert insights into the challenges and future of Nigeria’s gas sector.

Nigeria’s rising oil production costs, security challenges, and infrastructure deficits are shaping the future of the energy sector. Our partner, Oyeyemi Oke, joins CNBC Africa to discuss the implications of these issues and the significance of the Dangote Refinery’s jet fuel export to Saudi Aramco.

Watch the full interview to gain expert insights on the evolving landscape of Nigeria’s oil and gas industry.

#NigeriaOilSector #EnergyInvestment #OilProduction #InfrastructureDevelopment #OilAndGas #DangoteRefinery #EnergySecurity #InvestmentOpportunities #ExpertInsights #AO2LAW

Our partner, Oyeyemi Oke, provides expert insight into Nigeria’s Oil Bid Rounds and NNPCL’s 10-year gas deal with the Dangote Oil Refinery. In this exclusive interview, he explores how the agreement aims to fuel refinery operations and enhance Nigeria’s gas development and utilization.

#AO2LAW
#NigeriaEnergySector
#OilAndGasDevelopment
#NNPCLGasDeal
#DangoteRefinery
#EnergyUtilization
#OilBidRounds

Our partner, Oyeyemi Oke, alongside another industry expert Mr. Shola Showunmi, shares valuable insights on The Morning Brief (Channels Television) as they discuss Nigeria's ongoing petrol price conundrum. They delve into the effects of the Dangote Refinery, fuel price fluctuations, and the potential of alternative energy sources like CNG. Are the current energy reforms enough to ease the burden on Nigerians? Watch the full conversation to discover key insights into the challenges and possible solutions for the nation's energy future.

#AO2LAW #TheMorningBrief #ChannelsTelevision #EnergyCrisis #PetrolPrice #DangoteRefinery #CNG #NigeriaEnergy #FuelEconomy #OyeyemiOke #EnergyReform #SustainableEnergy

In this insightful discussion, Chinedu Anaje, FCIArb, Partner and Head of Dispute Resolution, Arbitration, and Risk Management Practice Group at AO2LAW, highlights the importance of the newly established Alternative Dispute Resolution (ADR) Center by the Nigerian Upstream Petroleum Regulatory Commission. He emphasizes that to guarantee a peaceful operating environment for producers and economic development of the host communities envisaged by the laudable provisions of the Petroleum Industry Act, meaningful, faster and cheaper resolution of dispute arising therefrom by ADR, as opposed to litigation has become timely. Learn more about how this ADR mechanism could fast-track dispute resolution in Nigeria’s oil and gas sector.

Nigeria plans to sell crude oil to the Dangote Refinery and others in Naira starting October 1st 2024. Our Partner, Oyeyemi Oke, highlighted key issues including potential price stability, concerns over dollar-denominated costs, and the structure of Naira sales to refiners. The discussion also addressed Nigeria's ongoing PMS scarcity, the lack of clear resolution timelines, and the need for stronger regulatory oversight to improve energy security.

#Nigeria #OilAndGas #DangoteRefinery #EnergySecurity #ForeignExchange #PetrolScarcity #RegulatoryOversight #Naira #NNPC #EconomicPolicy

AO2LAW's Partner, Oyeyemi Oke, discussed Nigerian crude oil production in April of 2024 and Investment in the Nigerian oil and gas sector.

#ao2law #oilandgas #crudeoil