Energy
NUPRC targets $4.9b capex in non-associated gas
Nigeria’s ambition to become Africa’s gas powerhouse received a major boost with the unveiling of a regulatory roadmap at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) aimed at unlocking over 55 trillion cubic feet of uncommitted gas reserves and attracting billions of dollars in new investments into the country’s gas value chain.
This is as the NUPRC revealed that since the enactment of the Petroleum Industry Act (PIA), the Commission has approved over 25 Non-Associated Gas (NAG) Field Development Plans, unlocking nearly 9,790 BSCF of reserves, 3.54 BSCF/D of gas, and attracting over $4.9 billion dollars in capital expenditure (CAPEX) investments, according to a statement yesterday.
Speaking at the third Gas Investment Forum held in Lagos, the Commission Chief Executive (CCE), Engr. Gbenga Komolafe, represented by the Executive Commissioner, Development and Production, Engr. Enorense Amadasu, outlined the Commission’s strategic focus on driving gas development, monetisation, and infrastructure expansion to secure Nigeria’s energy future and support economic transformation.
Nigeria’s proven gas reserves currently stand at 210.54 trillion cubic feet (TCF) comprising 109.51 TCF of Non-Associated Gas (NAG) and 101.03 TCF of Associated Gas (AG). Of this, about 55 TCF representing 26 percent of total gas reserves remains uncommitted to existing or planned monetisation projects, signalling a massive investment opportunity for both domestic and international investors.
Amadasu, according to the statement, noted that with an annual average daily gas production of 6.99 billion standard cubic feet (BSCF/D) in 2024, Nigeria’s Reserves Replacement Ratio (RRR) stands at 1.56, while the Reserves Life Index (RLI) is about 92.7 years an indication of long-term sustainability for investors in the country’s gas sector.
The statement said the national gas reserves, he said, grew from 208.83 TCF in 2023 to 210.54 TCF in 2025, while gas production rose from 6.91 BSCF/D to 7.61 BSCF/D, reflecting steady growth across the value chain. The domestic market currently accounts for about 28 percent of total gas utilisation, while exports via LNG and WAGP take up 35 percent, and field use including gas lift and reinjection represents 29 percent.
On Policy Reforms and Regulatory Milestones, Engr. Amadasu enumerated several regulatory instruments that have shaped Nigeria’s gas development journey, including the Associated Gas Re-injection Act (1979), National Gas Policy (2008), Flare Gas (Prevention of Waste and Pollution) Regulations (2018), Decade of Gas Initiative, and the landmark Petroleum Industry Act (PIA) 2021.
Recent instruments such as the Domestic Gas Delivery Obligation Regulations (2022), the Gas Flaring, Venting and Methane Emissions Regulations (2023), and the Oil and Gas Companies (Tax Incentives) Order (2024) further consolidate the Commission’s pro-investment posture.
Since the enactment of the PIA, the Commission has approved over 25 Non-Associated Gas (NAG) Field Development Plans, unlocking nearly 9,790 BSCF of reserves, 3.54 BSCF/D of gas, and attracting over 4.9 billion dollars in CAPEX investments.
He further disclosed that the Commission is actively facilitating regulatory approvals and negotiations for upstream gas supply to major projects such as NLNG Train 7, the Ajaokuta–Kaduna–Kano (AKK) Pipeline, and the Brass Fertilizer and Petrochemical Project.
Engr. Amadasu also observed that, NUPRC is currently monitoring 19 active gas development projects, comprising 10 production facilities and nine pipeline projects, with a combined capacity of 3.55 BSCF/D. About 88 per cent of these projects are in the engineering phase, while 12 percent have progressed to construction or fabrication.
He explained that 86 percent of the new gas production projects are targeted at the export market, particularly feed gas supply to the Nigerian LNG, while 23 percent (142 MMSCFD) are directed toward the domestic market.
Amadasu emphasised that the NUPRC’s regulatory roadmap aligns with the Federal Government’s National Gas Policy and Energy Transition Plan, which prioritise decarbonisation, clean energy adoption, and inclusive economic growth.
According to him, the Commission is intensifying efforts to attract new investments by eliminating entry barriers through the drill or drop provision in the PIA, driving full implementation of the Decade of Gas Initiative, facilitating access to fiscal incentives, promoting cluster and nodal gas infrastructure development, and Organising a Gas Production Ramp-up Strategy Workshop in Q4 2025.
He concluded by reaffirming that Nigeria stands at a pivotal juncture in its energy journey one that demands innovation, collaboration, and sustainable investment.
Energy
Nigeria meets 99.2% of OPEC crude oil production in April
- Dangote Refinery supplied 40.7ml/d to the domestic market, exported 17.1ml/d
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that in April 2026, Nigeria met 99.2 per cent of its Organisation of Petroleum Exporting Countries (OPEC) crude oil production quota of 1.5mb/d.
This was revealed in the X handle of the commission, which stressed that the output rose to 1.48b/d of crude oil and 174,873b/d of condensate.
The total crude oil and condensate production, according to NUPRC, was 1.66mb/d.
“Nigeria’s production increased in the month of April to 1,488,540 barrels of crude oil and 174,873 barrels of condensates totaling 1, 663, 413 barrels per day. This implies that Nigeria met 99.2 per cent of its 1.5mbpd OPEC quota of crude oil.”
The report revealed the that the figure also represents a 7.58 per cent increase when compared to the month of March. NUPRC said the peak production in April was 1.85mbpd while the lowest production for the month was 1.46mbpd.
In a related development, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in its April 2026 Factsheet released yesterday, said domestic consumption of Premium Motor Spirit (PMS) or petrol rose to 51.1ml/d in April compared to the 47.3ml/d recorded in March 2026.
In this period, 40.7ml/d were supplied from the domestic refineries, while 3.7ml/d were imported compared to 34.2ml/d that was supplied from domestic refineries in March as well as the 5.9ml/d that was imported in the same period. Stock sufficiency, however, reduced to 17.7 days from the 15.5 days in the previous month.
According to the NMDPRA, in the period under review, Dangote Refinery Petrochemicals Company (DRPC) achieved 100 percent capacity utilisation for most of the days in April with an average of 99.12 per cent capacity utilisation.
According to the factsheet, the refinery produced 53.6ml/d of petrol, supplied 40.7ml/d to the domestic market and exported 17.1ml/d.
Equally, in the same period, Dangote produced 23.6ml/d of diesel, supplied 8.0ml/d to the domestic market and exported 17.8ml/d. Similarly, the refinery produced 22.9ml/d of aviation kerosene, supplied 2.6ml/d to the domestic market and exported 20.5ml/d.
Dangote, according to the factsheet, recorded 18 days sufficiency of petrol, 39 days of diesel, 70 days of aviation fuel, and 13 days of LPG.
On the other hand, NMDPRA said the Nigerian National Petroleum Company refineries, which are state-owned were shutdown in April.
According to the factsheet, Warri Petroleum Refinery Company (WRPC) and Kaduna Refinery Company (KRPC) were recorded zero production.
On the daily consumption benchmarks, NMDPRA said in April, the benchmark for petrol was 51.1ml/d, diesel 17.3ml/d, aviation fuel 2.6ml/d and 4.8KT/day of domestic gas.
On crude oil, NMDPRA said the volume supplied to domestic refineries decreased to 0.612mb/d from the 0.674mb/d recorded in March.
Energy
Dangote Refinery pushes Nigeria to petrol net exporter in March
Nigeria recorded a historic shift in its downstream petroleum trade in March, emerging as a net exporter of gasoline for the first time, driven largely by rising output from the Dangote Petroleum Refinery & Petrochemicals.
Data from market intelligence firm, Kpler, showed that gasoline (petrol) imports into the country dropped sharply to 41,000 barrels per day (bpd) in the month of March, the lowest level on record. At the same time, crude supply to the
Dangote facility rose to about 565,000 bpd, the second-highest intake since the 650,000 bpd refinery commenced operations in late 2023, indicating strong processing rates and increased product yield.
Total gasoline exports from the Dangote Refinery rose to 44,000 bpd in March, compared to no exports recorded in January and February. This shift enabled Nigeria to post a net export position of approximately 3,000 bpd for the month in review.
In expanding its market reach, the Dangote Refinery exported gasoline to East Africa for the first time, shipping a 317,000-barrel cargo to Mozambique. The move reflects growing demand in the region as buyers seek alternatives to Middle East Gulf supplies amid ongoing disruptions. Another April shipment from the refinery is also bound for Beira, Mozambique.
Nigeria’s emergence as a gasoline exporter is expected to reshape regional trade flows and intensify competition in global markets. Analysts note that the development adds pressure to Europe’s already oversupplied gasoline market, as Nigeria transitions from a key import destination to a potential competing supplier.
The March milestone signals a significant step in Nigeria’s drive towards self-sufficiency in refined petroleum products and its ambition to become a net exporter in the global energy market.
President/Chief Executive, Dangote Industries Limited, Aliko Dangote, recently described President Bola Tinubu’s ongoing economic and energy sector reforms as critical to restoring market confidence and enabling large-scale investments in domestic refining.
Energy
Dangote key to tackling Africa’s food security challenges, says UN Envoy
The Deputy Secretary-General of the United Nations, Amina Mohammed, has underscored the strategic importance of Dangote Industries Limited -particularly Dangote Fertiliser Limited—in addressing Africa’s mounting food security challenges, while calling for stronger global partnerships to scale its impact.
Speaking during a visit to the company’s industrial complex in Ibeju-Lekki, Lagos, Mohammed said the United Nations would prioritise amplifying scalable solutions capable of mitigating the continent’s food crisis, describing Dangote’s integrated industrial model as a critical pathway.
“I think the UN’s job here is to amplify and to put visibility on the possibilities of mitigating a food security crisis, and this is one of them,” she said. “I hope that when we go back, we can continue to engage partners and countries that should collaborate with Dangote Industries.”
Her remarks comes at a time of heightened concern over food shortages and supply chain disruptions across Africa, driven by global economic pressures, climate-related shocks and geopolitical tensions, particularly in the Middle East.
The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, said the group has ramped up exports of urea and Premium Motor Spirit (PMS) to African markets affected by supply disruptions arising from the crisis.
Noting the widening impact of the situation across the continent, Dangote said the company has intensified shipments of fertiliser to support agricultural productivity and ease supply constraints.
“The challenges are many. One is of urea, which is fertiliser that we have. I think in the last couple of days we’ve been loading to mostly African countries, which we were not doing before,” he said. “And then now it’s to do with petroleum products, which we are now sending mainly to African countries,” Dangote said.
He added that the refinery has shipped about 17 cargoes of petrol to African countries to cushion the impact of the crisis, leveraging its 650,000 barrels per day capacity to stabilise supply across multiple regions.
“What I can do is assure Nigerians … and most of West Africa, Central Africa, and East Africa, we have the capacity to supply them,” Dangote said.
On feedstock supply, Dangote commended the Nigerian National Petroleum Company Limited for increasing crude deliveries to the refinery in March, noting that volumes rose to 10 cargoes—six supplied in naira and four in dollars—to support domestic fuel availability.
“Last month, they gave us six cargoes for naira and four cargoes for dollars,” he said.
Despite the improvement, the supply remains below the 19 cargoes required for optimal operations, with the refinery continuing to bridge the gap through imports from the United States and other African producers.
Dangote also expressed concern over the unwillingness by international oil companies operating in Nigeria to sell to the refinery, stating that their preference for selling crude to traders forces it to repurchase at higher costs, with broader implications for the economy.
He added that the refinery is seeking increased access to domestically priced crude under local currency arrangements as part of efforts to moderate fuel costs and enhance long-term energy and food security across the continent.
-
Art & Life9 years agoThese ’90s fashion trends are making a comeback in 2017
-
Entertainment9 years agoThe final 6 ‘Game of Thrones’ episodes might feel like a full season
-
Business9 years agoThe 9 worst mistakes you can ever make at work
-
Art & Life9 years agoAccording to Dior Couture, this taboo fashion accessory is back
-
Entertainment9 years agoThe old and New Edition cast comes together to perform
-
Entertainment9 years agoMod turns ‘Counter-Strike’ into a ‘Tekken’ clone with fighting chickens
-
Sports9 years agoPhillies’ Aaron Altherr makes mind-boggling barehanded play
-
Entertainment9 years agoDisney’s live-action Aladdin finally finds its stars
