Regulatory and Policy Issues for Natural Gas Supply to Power Markets: Examining the Energy Supply Crisis in Nigeria
Article from: OGEL 1 (2017), in Africa
Abstract
For countries with large proven gas resources like Nigeria, the regulation and allocation of gas supply as exports via LNG and domestic supply to highly gas-dependent power sector involves crucial economic, regulatory and policy trade-offs. These trade-offs largely border on the adoption of certain principles of economic regulation and the efficiency of the overarching governance framework for gas supply to the power market. In such 'Nigerian-like' contexts and regulatory environment, gas producers typically favor supplying gas for LNG exports or through pipelines to markets ...