"The Nigerian chemical sector has witnessed significant progress in terms of local participation, largely driven by economic and industrial growth as well as legislative interventions."
"Since we took over the operatorship of OML 30 in 2017, we have embarked on aggressive rehabilitation and upgrade of facility equipment, resulting in additional wells being opened and optimized for production."
"If you keep encouraging local content development and you have a government focused on incentivizing investment, foreign investor comfort will be a derivative of that."
"Moneda Invest Africa was established to fix the problem of getting capital to micro players whose existence and growth is what will transform our country and continent."
"Opportunities such as domestic gas and power supply, LNG, CNG, fertilizer plants, etc., present a huge untapped market that could sustain our presence in these regions for many years."
"Modular approaches to gas monetization are becoming more prevalent due to the inefficiency of large-scale projects in regions with limited industrial infrastructure."
The Latin America Petrochemicals and Chemicals 2024 report, produced in alliance with APLA, explores the current state of these industries, the challenges they face, and the opportunities they offer.