Nigeria ready to launch?
Nigeria has massive, but long under-used gas reserves. Now, it may be about to find a local market
Over the past 18 months, interest in Nigeria’s domestic gas sector from both foreign and local investors has started to pick up, triggering pledges of more than $5bn of funding for four major projects. These ambitions still need to be turned into reality, but they could mark a significant upturn to the sector’s fortunes. The largest of these is a $3bn investment planned by the Dangote Group and indigenous oil producer, First Exploration & Production Development Company (First E&P) to connect the Offshore Gas Gathering System (OGGS), which belongs to Shell, to the western shore of Lagos where it will connect with a $12bn refinery and petrochemicals complex being built by businessman A
Also in this section
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
