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Regulatory uncertainty threatens oil and gas investment in Nigeria

Nigeria
First seen: Aug 19, 2026, 2:31 PM UTCUpdated: Aug 20, 2026, 7:47 AM UTC

Nigeria’s oil-sector union PENGASSAN says regulatory issues, including uncertainty around amendments to the Petroleum Industry Act, are threatening fresh investment in the oil and gas sector. It called on the government and regulators to stabilize the sector.

Prolonged uncertainty could reduce investment in Nigeria’s energy industry and affect future oil and gas production and supply.

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