Brief

CLN worked with Amni on development of a gas market study with the scope of identifying viable options for monetizing associated gas produced from Okoro main field (currently flaring) and Okoro field extension. It also reviewed the existing and proposed pipeline infrastructure, gas plants for gas distribution and processing, regulatory regimes for the sale of associated gas and the use of pipelines and infrastructure. The study focused on mid-term assessment of the Nigerian domestic gas market, which include projection of future gas demand, supply and gas prices and the market opportunity that will be available for the potential non- associated gas in the Okoro field. An overall gas multi-year forecast by major operator was developed for the basis of the gas supply.

Netback values of the gas to two different domestic gas systems was also included, as well as if there was a need to bring on non-associated gas (which also exists in the field) so as to provide sufficient gas to interest marketers. CLN carried out gas infrastructure mapping to assess potential options for connection to the gas transmission grid in the country.