NNPC Targets $22bn Pipeline Investment to Drive Gas-Led Economy

NNPC Ltd has disclosed that Nigeria requires about $22 billion in pipeline infrastructure investment to unlock a gas-powered economy, according to its newly released Gas Master Plan 2026. Despite holding Africa’s largest proven gas reserves at about 210 trillion cubic feet, Nigeria remains underperforming in production. The plan seeks to close this gap by prioritising midstream connectivity, infrastructure expansion, and commercial viability.

The Gas Master Plan highlights that Nigeria’s existing 2,500km gas pipeline network is inadequate for rising industrial and power demand. Strategic projects such as the Ajaokuta-Kaduna-Kano and OB3 pipelines are central to improving nationwide gas distribution. NNPC also warned that gas demand is projected to exceed supply by 2030, underscoring the urgency of new investments and incentives for gas development.

NNPC aims to increase gas commercialisation from about 60 percent currently to 75 percent by 2027 and 80 percent by 2030, while eliminating routine gas flaring. The strategy aligns with the federal government’s target to raise gas production to 12 billion cubic feet per day by 2030, supported by transparent data systems and market-based pricing.

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