KEY POINTS
- NNPC plans to increase gas supply by 1.8bcf/d in 2026 through output boosts from two subsidiaries.
- The expansion supports national targets of 10bcf/d by 2027 and 12bcf/d by 2030.
- The strategy could unlock $60bn in investment and relies on incentives, reforms, and strong sector coordination
The Nigerian National Petroleum Company Limited, NNPC, has announced plans to raise domestic gas supply by an additional 1.8 billion cubic feet per day (bcf/d) in 2026 as demand rises across Nigeria’s energy and industrial sectors.
The disclosure was made in Abuja during a meeting with members of the Nigeria Guild of Editors.
According to the company, two key subsidiaries will drive the increase: NNPC Upstream Investment Management Services is expected to add 1.496bcf/d, while Nigerian Exploration and Production Limited will contribute about 223.6 million standard cubic feet per day.
Data presented from the Gas Master Plan 2026 shows that the additional supply will help Nigeria work toward output goals of 10bcf/d by 2027 and 12bcf/d by 2030.
Officials said demand is being driven by expansion in liquefied natural gas exports, electricity generation, industrial development zones, and compressed natural gas adoption.
Investment Push and Policy Alignment
NNPC’s Group Managing Director, Bayo Ojulari, explained that the strategy aligns with presidential directives to scale up gas production and unlock sector investments.
He noted that the plan could attract over $60 billion in new investments across the oil and gas value chain before 2030.
He highlighted several conditions necessary for success, including sustained demand locally and internationally, effective governance structures, cooperation among industry stakeholders, and improved financing through bankable gas projects.
He also stressed the need for competitive fiscal incentives particularly for deepwater developments and reforms to strengthen the gas-to-power value chain.
The master plan adopts a hub-based model, clustering gas assets to optimise infrastructure and production efficiency. NNPC said a ranking exercise has already identified 23 high-potential hubs expected to drive supply growth in the short to medium term.
