The Nigerian National Petroleum Company(NNPC) Limited has disclosed plans to ramp up national production of gas to 10 billion standard cubic feet per day (Bcf/d) by 2027 and 12 Bcf/d by 2030, through reinforced cordination anchored on the Petroleum Industry Act (PIA), Decade of Gas Framework and the implementation of the Gas Master Plan (GMP).
Olalekan Ogunleye, executive vice president, Gas, Power and New Energy, NNPC, disclosed this on Monday, while speaking at the 2026 Gas Technology and Exhibition Conference (GASTECH), taking place in Bangkok, Thailand.
According to Ogunleye, Nigeria has already emerged as a reliable global supplier of gas on a major expansion drive, citing key LNG projects such as Trains 1-6 which produce 22 million tonnes per annum (MTPA).
He also noted that the country has exported over 6,000 LNG cargoes since 1999, adding that the country also bet on Train 7, which is due for completion in 2027.
Ogunleye explained that as geopolitics, conflict and other factors continue to affect global energy supply and demand, Nigeria is leveraging its over 215 trillion cubic feet (tcf) of proven reserves to power domestic industrialization and expand export reach.
‘Gas development and monetisation from Nigeria’s standpoint is a purely commercial play. NNPC Ltd. is implementing a Gas Master Plan (GMP) engineered as a gap-to-potential tool to move Nigeria from a 215tcf reserves position to above 600tcf.
‘The Company’s focus is hinged on reinforcing coordination, anchored on the Petroleum Industry Act (PIA), Decade of Gas Framework and the GMP, with the near-term target to ramp up national production of gas to 10 billion standard cubic feet per day (Bcf/d) by 2027 and 12 Bcf/d by 2030,’ Ogunleye stated.
Ogunleye further explained that Nigeria’s geographical advantage has placed the country as a strategic supplier to global markets, an advantage that he said is complemented by Nigeria’s substantial gas resource base and a national focus on gas development.
For him, Nigeria’s domestic gas utilisation and gas for export are not mutually exclusive, as the country has adopted a dual pathway which leverages exports for foreign exchange earnings while advancing domestic gas utilisation to create job opportunities, deepen energy security, and economic wellbeing.
Ogunleye said Nigeria has de-risked new LNG projects through a robust legal and regulatory framework supported by attractive fiscal incentives.
‘With continued efforts towards stable security, competitive gas pricing and assured gas supply, there is no better time for investors and financiers to confidently participate in the development of Nigeria’s LNG projects,’ Ogunleye added.