Nigeria says domestic gas supply surpasses 2 billion cubic feet per day, eyes further growth

Nigeria’s domestic gas supply has crossed 2 billion cubic feet per day (bcf/d), as the ​government pushes to expand supplies to power plants ‌and industries and reduce constraints on economic growth, the country’s gas minister said on Friday. Gas production rose to 7. 5 bcf/d ​from about 6. 8 bcf/d in 2023, Minister of ​State for Petroleum Resources (Gas) Ekperikpe Ekpo said. Proven ⁠gas reserves have increased to 215. 19 trillion cubic feet (tcf) ​from 208. 83 tcf, Ekpo said.

Nigeria is targeting gas production of 10 bcf/d by 2027 and 12 bcf/d by 2030 to meet growing demand from power generation, industry, fertiliser production, petrochemicals, liquefied natural gas (LNG), transportation, and export markets. To support higher domestic ​supply, the Obiafu-Obrikom-Oben (OB3) pipeline has reached full completion and is being ‌prepared ⁠for first gas, Ekpo said. The pipeline can transport 2 bcf/d and is expected to unlock more than 500 million standard cubic feet per day (MMscf/d) of additional ​gas for the ​domestic market. The…