The Global Obsession For Natural Gas: Policy And Transactional Issues Germane To Nigerian Lenders

Over the past two (2) decades, the global natural gas market has undergone immense changes which have allowed the market to be more dynamic and more competitive, making it the largest energy source, after crude oil. Amongst others, the electricity, agriculture, manufacturing, and transportation sectors are experiencing a growing use and reliance on gas, via more modern uses, such as gas-to-liquid and compressed natural gas (“CNG”), alongside evolutions in liquified natural gas (“LNG”),  leading to further gas demand and a growing proportion of gas projects being developed around the world.