Gas production in Nigeria is growing from 7.5 billion cubic feet per day and aims to reach 12 bcf per day. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, highlighted the government’s commitment to increasing gas output, ensuring energy sufficiency and transitioning Nigeria into a gas economy by 2030. The country’s gas reserves stand at 209.26 trillion cubic feet.
[dropcap]G[/dropcap]as production in Nigeria is witnessing a significant rise, with output moving from 7.5 billion cubic feet per day and aiming to reach 12 bcf per day, according to the Federal Government.
This was disclosed by Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), during a recent event in Lagos.
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Ekpo stated that his focus for the second year in office would be to boost gas production, aligning with the Decade of Gas initiative.
The goal is to transform Nigeria into a gas-driven economy by 2030. He stressed that the country is making progress to ensure gas sufficiency for local consumption and export.
Concerns have been raised about the sustainability of Nigeria’s gas production since it was adopted as the country’s transition fuel.
In response, the minister expressed confidence in continued growth, especially as international oil companies shift from shallow water to deep-water operations, where larger gas deposits are found.
Nigeria boasts reserves of 209.26 trillion cubic feet of both associated and non-associated gas, according to the Nigerian Upstream Petroleum Regulatory Commission.
However, Nigerians continue to grapple with the rising cost of cooking gas, which has surged to N1,300 per kilogramme from under N1,000 in June.
