NewStats: 3,265,496 , 8,186,991 topics. Date: Sunday, 15 June 2025 at 11:26 AM j2p4n

According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s proven natural gas reserves have increased to 209.5 trillion cubic feet (TCF) as of January 1, 2022. According to the News Agency of Nigeria (NAN), Mr Farouk Ahmed, Chief Executive Officer of the NMDPRA, stated this on Wednesday at the 2022 Nigeria International Energy Summit (NIES) in Abuja.


The new figure represents a significant increase in proven natural gas reserves of 2.97 TCF, representing a 1.42 percentage increase over the 206.53 TCF recorded on January 1, 2021. Mr. Ogbugo Ukoha, Executive Director, Distribution Systems, Storage, and Retailing Infrastructure, NMDPRA, represented Ahmed, who stated that the Nigerian economy was expected to grow by 2.1 to 2.5 percent through 2022.

He predicted that the Gross Domestic Product (GDP) would grow by 2.9 to 3.5 percent, as predicted by the World Bank and the International Monetary Fund, and that this progress would be driven by energy. “Thankfully,” Ahmed said, “Nigeria is endowed with enormous petroleum resources, with 37 billion barrels of crude oil reserves and 209.5 trillion cubic feet of natural gas reserves as of January 2022.”

Nigeria’s resource size places it in an enviable position among global hydrocarbon producers. “Even in this era of global energy transition, the oil and gas sector remains critical to the Nigerian economy because it provides the necessary cash flow for the operation of other sectors of the economy, but for how long?”

With the global push for energy transition, Nigeria, he claims, is racing against time to extract the most value from its hydrocarbon resources and secure its energy future. He stated that Nigeria’s energy strategies, which he described as a key tool for economic liberation and national development, must be vigorously considered in light of the shift in demand and clamor for cleaner fuels. “It is critical that going forward, all stakeholders deliberately adopt strategies that embolden and underpin these three core principles,” Ahmed said.
“Adoption of low-carbon technologies across all operations in the oil and gas value chain, deepening and penetration of domestic natural gas utilization to increase energy sufficiency and reduce energy poverty, and prudent investment in cleaner fuels and renewables.” He stated that the authority was dedicated to creating an enabling environment for midstream and downstream investments by encouraging industry participants through its regulatory service instruments.

https://brandspurng.com/2022/03/03/nmdpra-nigerias-gas-reserves-have-reached-209-5-tc/

gAs is the Future, its all in the Niger Delta

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Nigeria leaders and insincerity are like 5 & 6

A full lecture in one picture.

But, the price never really come down nw

The gas is just going higher day by day and they are doing nothing about it

Time to replace Russia in Europe

So they are rich on Gas and the citizens are dying of starvation daily. Nigerian government and leaders are the most useless animals in history

Nigerian is "not fighting war",but under Buhari people are paying $1000 to go to a country fighting war.

What does it tell the world?

Yet, ordinary citizens can't even afford it, useless country.

Las Las the price will still be abnormal
Naija government and paper project na 5n6

So the gas fit increase yet the citizens did not benefit from it

Somebody tell me how much be 1kg of gas abeg.... Useless mofos

Of what use is figures when we cannot enjoy gas to our homes?

Make the gas catch fire

Would be good if we use the gas to improve our power supply and revenue, now that EU is looking for alternatives to russia gas, and the AKK pipeline is coming up.

Then let they be light

south east comes to mind

Any improvement in any sector that doesn't reflects on the citizens is useless.

SadiqBabaSani:
gAs is the Future, its all in the Niger Delta

Actually it's in imo state . The gas reserves in imo state are unimaginable, that's why APC will never allow the state go . Imo state isn't part of us in Niger delta

Nigerian Government and unnecessary talk

Why is gas so expensive in Nigeria? even though we get am in massive quantity.

So can we now have cooking gas at 100 naira/kg

Everyone knows where the 37 billion barrels of crude oil reserves is situated in Nigeria (Niger Delta).
Abeg, where is this 209.5 trillion cubic feet of natural gas reserves located in Nigeria. Is it South South states or South East states?
Everything about this gas reserves is always shrouded in secrecy. No mention of location

Dawn91:

Actually it's in imo state . The gas reserves in imo state are unimaginable, that's why APC will never allow the state go . Imo state isn't part of us in Niger delta

Actually, Imo is part of NDDC

InoGetJoy:

Actually, Imo is part of NDDC

They are not

MANDIPUTIN:
Everyone knows where the 37 billion barrels of crude oil reserves is situated in Nigeria (Niger Delta).
Abeg, where is this 209.5 trillion cubic feet of natural gas reserves located in Nigeria. Is South South states or South East states?
Everything about this gas reserves is always in secrecy. No mention of location

Imo State mostly

Dawn91:


They are not

Yes they are. There's even NDDC office at Port Harcourt road

InoGetJoy:

Yes they are. There's even NDDC office at Port Harcourt road

Bros they are not!!!

Dawn91:

Bros they are not!!!

Nnaah ehh, guy I'm from Imo state and I live in Imo State. I even once submitted a business proposal at their office.
Why you dey tell me this kain thing while a simple Google search would've gotten you more informed?
Abeg I dey vex this morning, for no reason. No compound my vexations before I unleash Putin on top your head

The growth in GDP is Gas Diesel Petrol increasing and not what you think