Olaniwun Ajayi LP

November 26, 2024

Energy Security and Domestic Gas Delivery Obligation

Journey to Self Sufficiency & Energy Security (Part 2)

The Petroleum Industry Act of 2021 (PIA) establishes the Domestic Gas Delivery Obligation (DGDO) for Upstream Lessees. This initiative aims to ensure a reliable supply of natural gas to meet...

November 14, 2024

Energy Security in Nigeria

Journey to Self Sufficiency and Energy Security (Part 1)

The imposition of the Domestic Crude Supply Obligation (DCSO) by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is integral to Nigeria’s journey towards self-sufficiency given that balance must be sought...

October 24, 2024

Newsletter on Deep Offshore Production and Tax Incentives 2024

Deep Offshore Production: 2024 Tax Incentives

On October 2, 2024, the Nigerian government, through the Minister of Finance and Coordinating Minister of the Economy unveiled the Notice of Tax Incentives on Deep Offshore Oil and Gas...

March 18, 2024

Presidential Directives for Promoting Investment in the Petroleum Sector in 2024

Presidential Directives for Promoting Investment in the Oil and Gas Sector in 2024

The Nigerian Oil & Gas sector has witnessed a decline in investments recently. According to statistics from the National Bureau of Statistics (NBS), foreign investors sidelined the Nigerian oil &...

January 23, 2024

Projections for Nigeria's Oil and Gas Industry in 2024 and COP28 implications for Oil and Gas in Nigeria

Oil and Gas Outlook 2024

Our 2022 Oil and Gas Wrap-up Report spotlighted the Nigeria Energy Transition Plan (ETP). We identified its ambitious objectives for Nigeria to attain universal energy access by 2030, and a...

September 28, 2023

The Energy Council breakfast event at Olaniwun Ajayi London LLP

Africa’s Role in Global Energy Supply and Local Development

This week, The Energy Council partnered with Olaniwun Ajayi (UK) LLP to host a breakfast meeting, focusing on Africa’s pivotal role in the global energy landscape based on increasing global...

September 5, 2023

An Overview of the Extant Gas Flare Regulations in the Nigerian Petroleum Industry

For the Nigerian energy industry, one issue stands out as an opportunity and a challenge – gas flaring. The billowing flames and plumes of smoke from our gas flares have...

July 19, 2023

REVIEW OF NIGERIAN ELECTRICITY REGULATORY COMMISSION’S GUIDELINES FOR SECONDARY ESCROW ACCOUNT MANAGEMENT FOR BILATERAL TRANSACTIONS BY ELECTRICITY DISTRIBUTION LICENSEES

The payment waterfall set out in the Multi-Year Tariff Order 2022 (MYTO 2022) and the Principal Collection Account (PCA) set up and managed by the NESI Stabilization Securities LTD (NESI-SSL)...

March 20, 2023

OALP Oil & Gas 2022 Wrap Up Report and 2023 Forward Look

As we approach the end of Q1 2023, we present to you, our Wrap Up Report and Forward Look which highlights some of the key events which shaped the oil...

July 25, 2022

NNPC Limited: Understanding the Hybrid Identity of Nigeria’s National Oil Company

With the unveiling of NNPC Limited, one of the burning questions has been on its identity, in light of its incorporation as a limited liability company and the requirement of...

November 26, 2024

Energy Security and Domestic Gas Delivery Obligation

Journey to Self Sufficiency & Energy Security (Part 2)

The Petroleum Industry Act of 2021 (PIA) establishes the Domestic Gas Delivery Obligation (DGDO) for Upstream Lessees. This initiative aims to ensure a reliable supply of natural gas to meet...

November 14, 2024

Energy Security in Nigeria

Journey to Self Sufficiency and Energy Security (Part 1)

The imposition of the Domestic Crude Supply Obligation (DCSO) by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is integral to Nigeria’s journey towards self-sufficiency given that balance must be sought...

October 24, 2024

Newsletter on Deep Offshore Production and Tax Incentives 2024

Deep Offshore Production: 2024 Tax Incentives

On October 2, 2024, the Nigerian government, through the Minister of Finance and Coordinating Minister of the Economy unveiled the Notice of Tax Incentives on Deep Offshore Oil and Gas...

March 18, 2024

Presidential Directives for Promoting Investment in the Petroleum Sector in 2024

Presidential Directives for Promoting Investment in the Oil and Gas Sector in 2024

The Nigerian Oil & Gas sector has witnessed a decline in investments recently. According to statistics from the National Bureau of Statistics (NBS), foreign investors sidelined the Nigerian oil &...

January 23, 2024

Projections for Nigeria's Oil and Gas Industry in 2024 and COP28 implications for Oil and Gas in Nigeria

Oil and Gas Outlook 2024

Our 2022 Oil and Gas Wrap-up Report spotlighted the Nigeria Energy Transition Plan (ETP). We identified its ambitious objectives for Nigeria to attain universal energy access by 2030, and a...

September 28, 2023

The Energy Council breakfast event at Olaniwun Ajayi London LLP

Africa’s Role in Global Energy Supply and Local Development

This week, The Energy Council partnered with Olaniwun Ajayi (UK) LLP to host a breakfast meeting, focusing on Africa’s pivotal role in the global energy landscape based on increasing global...

September 5, 2023

An Overview of the Extant Gas Flare Regulations in the Nigerian Petroleum Industry

For the Nigerian energy industry, one issue stands out as an opportunity and a challenge – gas flaring. The billowing flames and plumes of smoke from our gas flares have...

July 19, 2023

REVIEW OF NIGERIAN ELECTRICITY REGULATORY COMMISSION’S GUIDELINES FOR SECONDARY ESCROW ACCOUNT MANAGEMENT FOR BILATERAL TRANSACTIONS BY ELECTRICITY DISTRIBUTION LICENSEES

The payment waterfall set out in the Multi-Year Tariff Order 2022 (MYTO 2022) and the Principal Collection Account (PCA) set up and managed by the NESI Stabilization Securities LTD (NESI-SSL)...

March 20, 2023

OALP Oil & Gas 2022 Wrap Up Report and 2023 Forward Look

As we approach the end of Q1 2023, we present to you, our Wrap Up Report and Forward Look which highlights some of the key events which shaped the oil...

July 25, 2022

NNPC Limited: Understanding the Hybrid Identity of Nigeria’s National Oil Company

With the unveiling of NNPC Limited, one of the burning questions has been on its identity, in light of its incorporation as a limited liability company and the requirement of...