• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, October 30, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NLNG Seeks Stranded‑gas Commercialisation, Interconnected Infrastructure

Chika Izuora by Chika Izuora
4 months ago
in Business
NLNG Opens Entries For Science
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigeria Liquefied Natural Gas Limited (NLNG) has expressed concerns about projections which has indicated that by 2030, Nigeria could face a gas supply deficit despite its enormous reserves, stressing that the gap should be viewed as an opportunity rather than a constraint.

To reduce the impact of that scenario on the economy, the Company suggests for broader strategy to commercialize stranded gas resources, develop interconnected infrastructure and full implementation of incentives under the Petroleum Industry Act (PIA).

The General Manager, Commercial, NLNG, Mr. Timothy Fakrogha, gave the suggestion during a panel session at the Nigeria Oil and Gas (NOG) Energy Week in Abuja, where he said the forecast underscored the need to unlock Nigeria’s gas potential.

According to Fakrogha, “Nigeria possesses abundant gas resources, much of them remain in speculative reserves, there is need to convert them into bankable proven reserves capable of attracting investments.

“There are real opportunities in the market. The challenge is how to commercialise these resources and de-risk gas development so investors can confidently commit capital,”.

Fakrogha said that rather than individual operators building separate gas infrastructure, Nigeria should optimise its gas hubs and encourage shared infrastructure to reduce costs and accelerate development.

He cited the company’s Gas Transmission System (GTS), which aggregates supplies from multiple upstream producers, as a model for future gas development across the country.

He also urged investors to take advantage of incentives contained in the PIA and the presidential fiscal measures designed to encourage investment in non-associated gas projects.

“The window of opportunity is there, but it will not remain open forever. Investors need to move quickly,” he said.

RELATED NEWS

Sunbeth’s N150Billion Commercial Paper Offer Attracts Over N220 Billion In Subscriptions

Nigeria Tops African Clean Energy Market Expansion With Ambitious Mini-Grid Plans

Equities Rebound, Gain N780bn 

Highlighting NLNG’s contribution to Nigeria’s domestic energy market, he said the company deliberately began supplying Liquefied Petroleum Gas (LPG) locally in 2007 and had steadily increased volumes over the years.

 

Fakrogha said that domestic LPG supply had grown to about 520,000 tonnes by the end of 2025 following deliberate policy decisions by the company’s shareholders to prioritise local availability.

 

He said that once adequate domestic infrastructure was in place, NLNG also planned to channel part of its export volumes into the Nigerian market before the end of the decade.

 

He welcomed the emergence of additional LNG projects across the country, saying new investments would expand both export capacity and domestic gas utilisation.

 

The NLNG executive also identified major gas infrastructure projects, including the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline, as critical to deepening domestic gas penetration through the development of smaller distribution networks connected to the main pipelines.

 

He commended regulators for policies encouraging deep offshore gas development and efforts by the Nigerian Content Development and Monitoring Board (NCDMB) to shorten contracting timelines.

 

According to him, both measures will accelerate new gas projects.

 

On domestic gas pricing, Fakrogha said it was important that regulated prices provide sufficient returns to producers to sustain investments while ensuring affordable supply to end users.

 

Reassuring NLNG’s commitment to the domestic market, he said that the company currently delivered all of its designated LPG volumes within Nigeria.

 

“Nigeria is a gas nation. We remain committed to ensuring gas availability wherever possible while supporting national development and maintaining 100 per cent delivery of our domestic LPG obligations,” he added.

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Chika Izuora

Chika Izuora

Chika Izuora is a journalist with Leadership Media Group with over two decades of mainstream journalism experience. A Mass Communication graduate and alumnus of Pan Atlantic University (PAU), he has built outstanding expertise in the oil and gas industry alongside a versatile career as a journalist and author.

OTHER NEWS UPDATES

Sunbeth’s N150Billion Commercial Paper Offer Attracts Over N220 Billion In Subscriptions
Business

Sunbeth’s N150Billion Commercial Paper Offer Attracts Over N220 Billion In Subscriptions

1 hour ago
Nigeria, One Of World’s Largest Electricity Access Deficits By Population, Says IRENA  …Forecasts 401 Million Africans To Gain Electricity Access By 2030
Business

Nigeria Tops African Clean Energy Market Expansion With Ambitious Mini-Grid Plans

7 hours ago
Nigerian Exchange Engages FTSE Russell, Investors Over Nigeria’s T+1 Settlement, Market Reclassification
Business

Equities Rebound, Gain N780bn 

8 hours ago
Next Post
We’ll Complete AKK Gas Pipeline Project In July 2024, Oilserv Assures FG

Africa Can Attract Energy Investment, Boost Economic Resilience –S&P Global

LATEST UPDATE

There Is No Other Stella For Ebola

34 minutes ago

Kwara NSCDC Nabs Suspect Over N78.3m Investment Fraud

49 minutes ago

SDN Hands Over Methane Emissions Tracker To Oil, Gas Regulators

50 minutes ago

NAPTIP, FCC, Experts Decry Harmful Social Norms, Demand Grassroots Action

51 minutes ago

Widow Petitions IGP, Demands Justice Over Husband’s Death

54 minutes ago

Nigeria-Benin Strengthen Cross-Border Cooperation

55 minutes ago

NDE Unveils Five-Year Plan To Boost Job Creation, Overhaul 87 Skills Centres

60 minutes ago

COAS Commissions 11 Residential, Administrative Projects, Reaffirms Commitment to Troops’ Welfare

1 hour ago

Shettima Urges Federal Govt To Address Public Concerns Over Economic Reforms

1 hour ago

Terrorism: Tinubu Inducts 5 Helicopters Into NAF Inventory

1 hour ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.