The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched a comprehensive Gas Development Roadmap targeting the monetisation of over 55 trillion cubic feet (TCF) of uncommitted gas reserves and the attraction of billions in new investments. The roadmap, unveiled at the 3rd Gas Investment Forum in Lagos, aims to strengthen Nigeria’s energy security and industrial growth through gas infrastructure expansion and improved regulatory frameworks.
According to the Commission, the initiative has already generated $4.9 billion in capital expenditure (CAPEX) across the gas value chain. NUPRC Chief Executive, Engr. Gbenga Komolafe, represented by Engr. Enorense Amadasu, noted that Nigeria’s proven gas reserves stand at 210.54 TCF, with 26% still untapped. The Reserves Replacement Ratio (RRR) is now 1.56, while daily gas output averages 6.99 billion standard cubic feet.
The Commission is currently overseeing 19 active gas projects worth 3.55 BSCF/D in capacity, most of which are in the engineering phase. These efforts, alongside major initiatives such as NLNG Train 7 and the AKK Pipeline, highlight Nigeria’s renewed investor confidence and commitment to leveraging its gas wealth for sustainable growth.
