Nigeria's untapped gas potential hits 600 tcf

Jul 07, 2016 12:00 AM

Nigeria's current undiscovered gas potential is 600 trillion cubic feet (tcf), the Nigerian National Petroleum Corporation (NNPC) has said.

The Group Executive Director/ Chief Operating Officer, Gas and Power Companies, NNPC, Engr. Saidu Mohammed, in a paper titled: "Re-Evaluating the Development of the Nigerian Gas Industry", said that Nigeria has a huge economic potential trapped in its vast natural "Currently number 9th largest Proven gas reserves in the world", he added.

According to him, despite the huge gas potential in the country, the sector has not been able to contribute significantly to power generation due to pipeline vandalism.

Muhammed said that gas supply to power increased significantly at the beginning of the year with a record peak power generation of 5079MW (80 per cent thermal generation) on February 2nd 2016.

He noted that due to the recent incessant willful attacks on the country's gas pipeline, gas supply has significantly dropped from 1400 mmscfd to barely below 700 mmscfd.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« June 2019 »
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events