Nigeria unveils ambitious gas expansion plan with over 60 projects
Nigeria is aiming to accelerate its gas-driven industrialisation through more than 60 high-priority gas projects, as outlined in the Nigerian National Petroleum Company Limited’s Gas Master Plan 2026. The plan, officially unveiled at the NNPC Towers in Abuja, marks a shift from policy formulation to execution, with a focus on commercial viability and integrated sector coordination. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), described the initiative as a deliberate move towards a commercially driven gas sector. However, experts like Kelvin Emmanuel have raised concerns about government price controls and financing challenges that could hinder the plan’s success.
What we know
- The Gas Master Plan 2026 targets over 60 gas projects, with 30 slated for completion within the next three years and another 30 over the next decade.
- The plan aims to deliver 13,960 mmscf/d, boost domestic manufacturing, expand electricity access, and reinforce Nigeria’s role as a global gas player.
- Major projects include LNG expansions, power plants, industrial parks, pipelines, and CNG initiatives across key regions.
- Ekperikpe Ekpo emphasized the importance of moving from policy to implementation, focusing on commercial viability and sector-wide coordination.
- Kelvin Emmanuel warned that government price caps and lack of clear financing strategies could discourage private investment and stall progress.
