President Bola Tinubu has already introduced extensive reforms
Nigeria’s gas ambitions gain ground
But regulatory and feedstock issues continue to hinder the pace of progress
Nigeria’s government has declared a “decade of gas”, with ambitious plans to expand the country’s gas production, use and exports. And while progress is being made, Nigeria still faces significant hurdles, especially around legacy underinvestment, infrastructure and monetising its ample reserves. In late June, a joint venture comprising TotalEnergies and former NOC NNPC took FID on the Ubeta project. The Ubeta gas and condensate field is about 80km northwest of Port Harcourt in OML58, and once onstream will produce 350mcf/d and 10,000b/d of associated liquids, “contributing towards securing gas supply to NLNG”, NNPC said. Production is expected to start in 2027 and plateau at around 300mcf/d
Also in this section
7 January 2026
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
7 January 2026
The global race for critical minerals has become a defining feature of energy geopolitics, presenting the ASEAN region with both opportunity and risk
7 January 2026
As global energy systems evolve to meet shifting demand and transition pressures, maintaining reliable hydrocarbon supply remains essential to energy security
6 January 2026
Cash will be needed to boost production by 30% to meet region’s rapidly rising power demand, executives told the inaugural Middle East Gas Conference in December
