MDGIF Invests in Over 100 Downstream Gas Infrastructure Projects

• Targets commissioning of some facilities before year-end

•Adama says bankability biggest hurdle to project financing

Emmanuel Addeh in Abuja

The Executive Director of the Midstream and Downstream Gas Infrastructure Fund (MDGIF), Oluwole Adama, has disclosed that the fund has invested in more than 100 strategic downstream gas infrastructure projects across Nigeria, with some expected to be commissioned before the end of the year.

Adama made the disclosure during a panel session titled, “Boosting the Domestic Gas Market – Driving Economic Growth and Development,” at the 25th Nigeria Oil and Gas (NOG) Energy Week in Abuja.