According to the Nigerian Upstream Petroleum Regulatory Commission, gas exploration will be 20% deeper in Nigeria.
A plan to reach net zero emissions by 2060 was also stated as part of the nation’s commitment to its energy transition strategy. Speaking at the Nigerian Association of Petroleum Explorationists’ pre-conference workshop in Lagos, the Executive Commissioner of the NUPRC, Rose Ndong, made the announcement.
She claims that gas would continue to be used in Nigeria as a bridge fuel; and that the nation is on pace to boost exploration by 50% in ten years. Nigeria now has 208 TCF of proved gas reserves and 600 TCF of unproven reserves.
It asserts that Nigeria’s present efforts to meet its 2060 promise to net zero emissions are insufficient.