• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, December 20, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Nigeria Unveils $4.9bn Gas Development Roadmap 

Prince Agyapongby Prince Agyapong
October 9, 2025
Reading Time: 5 mins read
Liquefied Natural Gas

Liquefied Natural Gas

Nigeria’s ambition to position itself as Africa’s gas powerhouse received a major boost this week as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) unveiled a comprehensive Gas Development Roadmap designed to unlock more than 55 trillion cubic feet (TCF) of uncommitted gas reserves and attract billions in new investments across the gas value chain. 

According to the Commission, the initiative has already attracted $4.9 billion in capital expenditure (CAPEX) investments in gas projects, signaling renewed investor confidence in Nigeria’s evolving energy landscape. 

“The Commission has approved over 25 Non-Associated Gas (NAG) Field Development Plans, unlocking nearly 9,790 billion standard cubic feet (BSCF) of reserves, 3.54 BSCF per day of gas.” 

Nigerian Upstream Petroleum Regulatory Commission (NUPRC)

In a statement, NUPRC explained that the roadmap is a strategic framework for mobilizing new investments, expanding gas infrastructure, and accelerating the monetisation of Nigeria’s vast gas endowment.  

RelatedPosts

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

Strategic Logistics Investments Poised to Unlock Africa’s Oil and Gas Potential

Minority Accuses Government of Allowing Galamsey in Key Officials’ Areas

The initiative, it said, would strengthen the country’s energy security and drive long-term industrial growth. 

Nigeria’s gas potential and strategic outlook 

OIL PRODUCTION STATUS REPORT
Nigerian Upstream Petroleum Regulatory Commission (NUPRC)

Speaking at the 3rd Gas Investment Forum in Lagos, the Commission Chief Executive, Engr. Gbenga Komolafe, represented by the Executive Commissioner for Development and Production, Engr. Enorense Amadasu, said the roadmap forms part of a broader plan to consolidate Nigeria’s role as a regional gas hub. 

ADVERTISEMENT

He noted that Nigeria’s proven gas reserves currently stand at 210.54 TCF, made up of 109.51 TCF of Non-Associated Gas (NAG) and 101.03 TCF of Associated Gas (AG).  

Of this total, 55 TCF about 26 percent remains uncommitted to any existing or planned monetisation projects, presenting vast opportunities for both domestic and international investors. 

“Nigeria’s gas potential is enormous, and our focus is to ensure that it is fully harnessed for industrialization, power generation, and export.

“The Gas Development Roadmap provides a clear pathway for this transformation, ensuring that regulatory bottlenecks are minimized and investor confidence remains strong.” 

Engr. Enorense Amadasu, Executive Commissioner for Development and Production of NUPRC

According to NUPRC data, Nigeria’s Reserves Replacement Ratio (RRR), a measure of how effectively reserves are replenished currently stands at 1.56, signaling long-term sustainability for investors.  

The Reserves Life Index (RLI) is estimated at 92.7 years, underscoring the stability and longevity of Nigeria’s gas resource base. 

Nigerias power

The Commission further reported steady growth in gas production, which rose from 6.91 billion standard cubic feet per day (BSCF/D) in 2023 to 7.61 BSCF/D in 2025.  

The domestic market currently accounts for 28 percent of total gas utilisation, while exports via Liquefied Natural Gas (LNG) and the West African Gas Pipeline (WAGP) represent 35 percent, and field use including gas lift and reinjection contributes 29 percent. 

Amadasu said, “Our goal is to increase domestic gas utilization, particularly for power generation and industrial feedstock,” noting that Nigeria’s growing industrial sector requires consistent gas supply to support manufacturing, petrochemicals, and fertilizers. 

The NUPRC also revealed that it is actively facilitating regulatory approvals and upstream gas supply negotiations for major projects, including NLNG Train 7, the Ajaokuta–Kaduna–Kano (AKK) Pipeline, and the Brass Fertilizer and Petrochemical Project.  

These developments, according to the Commission, are expected to transform the country’s gas landscape and attract substantial foreign capital inflows. 

Currently, the Commission is monitoring 19 active gas development projects, consisting of 10 production facilities and 9 pipeline developments with a combined capacity of 3.55 BSCF/D. 

Approximately 88 percent of these projects are in the engineering phase, while 12 percent have moved into construction or fabrication. 

Amadasu highlighted that 86 percent of new gas production projects are targeted at export markets particularly feed gas supply for LNG while 23 percent (142 million standard cubic feet per day) will serve the domestic market. 

Rising investor confidence 

Nigeria’s oil sector
Nigeria’s oil sector

The NUPRC’s new roadmap coincides with a broader resurgence in Nigeria’s upstream oil and gas activities.  

In early October, the Commission reported a sharp increase in rig count, a key indicator of exploration and production activity from eight in 2021 to 69 rigs as of October 2025.  “This impressive rebound reflects renewed investor confidence in Nigeria’s petroleum industry,” said Eniola Akinkuotu, Head of Media and Strategic Communication at the NUPRC. 

The country’s crude oil production has also shown steady improvement, rising 5.5 percent year-on-year in August 2025 to an average of 1.43 million barrels per day (bpd), compared to 1.36 million bpd recorded in the same period of 2024. 

This roadmap represents a turning point for Nigeria’s energy strategy, shifting focus from crude oil dependency to gas-led industrialization.  

The initiative aligns with the government’s Decade of Gas agenda, which seeks to transform gas into a catalyst for economic diversification and sustainable growth. 

If successfully implemented, the NUPRC’s Gas Development Roadmap could mark the start of a new chapter in Nigeria’s economic, one driven by gas, innovation, and long-term prosperity. 

READ ALSO: BoG’s $1.15bn FX Injection Sparks Clash with IMF and World Bank Over Cedi Stabilization 

Tags: Capital expenditureEnergy securityGas DevelopmentNigeriaNUPRC
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Non-Communicable Diseases Emerging as a National Health Crisis

Next Post

Economist Sounds Alarm: Ghana’s Overdependence on Imports Threatens Economic Future

Related Posts

Goldfields story
Extractives/Energy

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

December 19, 2025
Asia hydrocarbons refinery bigstock
Extractives/Energy

Strategic Logistics Investments Poised to Unlock Africa’s Oil and Gas Potential

December 19, 2025
Hon. Kwaku Ampratwum Sarpong
Extractives/Energy

Minority Accuses Government of Allowing Galamsey in Key Officials’ Areas

December 19, 2025
critical role battery metals minerals transition renewable energy concept battery metals renewable energy transition minerals critical role 918839 48878
Extractives/Energy

Ghana Moves to Reform Mineral Agreements with Sliding-Scale Royalties

December 19, 2025
Ing. Wisdom Edem Gomashie
Extractives/Energy

Mining in Forest Reserves not Banned Until Act 703 is Amended – Mining Consultant Hints

December 19, 2025
Ghana and Namibia Delegations
Extractives/Energy

Ghana, Namibia Strengthen Cooperation on Sustainable Resource Management

December 19, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Entertainment

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

by M.CDecember 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance
Economy

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

by Michael Teye-Bio NaduteyDecember 19, 2025
Extractives/Energy

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

by Prince AgyapongDecember 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Economy

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

by M.CDecember 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Asia

Syria Lauds Final Repeal Of US Sanctions

by Comfort AmpomaaDecember 19, 2025
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments
Agribusiness

Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

by M.CDecember 19, 2025
TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal
Dr. Cassiel Ato Forson, Minister of Finance
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria
Ghana Cocoa Board Missed the Cocoa Bonanza as Global Prices Hit Record Highs – Randy Abbey Laments

Recent News

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

TikTok Escapes Shutdown as Washington Approves Multi-Billion Dollar Deal

December 19, 2025
Dr. Cassiel Ato Forson, Minister of Finance

Gov’t Pledges Sustained Financial Prudence in 2026 – Ato Forson

December 19, 2025
Goldfields story

Gold Fields, MIIF Engage on Investment and Strategic Collaboration

December 19, 2025
High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

High Interest Rates Here to Stay as IC Securities Flags Tough Monetary Stance into 2026

December 19, 2025
Ahmed al-Sharaa, Syria’s de facto leader as Trump Hints Sanctions Removal On Syria

Syria Lauds Final Repeal Of US Sanctions

December 19, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address