NNPC Eyes 600 Tcf Gas Reserves, $60Bn Investment Push

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Nigeria is actively moving its gas future from planning to action, setting clear, measurable targets.

At the CERAWeek Energy Conference in Houston, Olalekan Ogunleye of the Nigerian National Petroleum Company Limited presented firm goals.

Nigeria is actively moving its gas future from planning to action, setting clear, measurable targets. At the CERAWeek Conference in Houston…

Nigeria’s Gas Ambition Grows

Nigeria aims to increase its gas reserves from 210 trillion cubic feet to 600 trillion cubic feet, and it also seeks to attract $60 billion in investment.

Moreover, he highlighted Nigeria’s strategic position in the global gas market.

The country can actively supply liquefied natural gas to multiple regions.

In addition, recent global shipping disruptions have strengthened Nigeria’s role as a reliable energy supplier.

Driving Execution And Investment

Execution remains central to this plan.

The Gas Master Plan drives exploration, encourages investment, and boosts production growth.

It targets 12 billion cubic feet per day by 2030.

Therefore, the focus stays on steady delivery rather than only long-term ambition.

Furthermore, Nigeria is shifting from policy to action across the gas value chain.

Authorities launched the Gas Master Plan 2026 in Abuja.

Read Also: NNPC: Global Demand Growing For Nigeria’s LNG Exports

It targets 10 billion cubic feet of daily production.

Consequently, the plan aims to support industry growth and strengthen energy security.

Rising Global Demand And Outlook

Meanwhile, global demand for liquefied natural gas remains strong.

Ogunleye said demand stays resilient despite geopolitical tensions.

As a result, gas continues to play a vital role in the global energy mix.

Finally, Nigeria is preparing to meet that demand.

It is building capacity and attracting investment.

Ultimately, the country is positioning itself as a major global gas supplier.

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