NUPRC Unveils Gas Development Roadmap, Unlocks $4.9 Billion in Investments to Boost Nigeria’s Energy Future
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out a new Gas Development Roadmap aimed at unlocking over 55 trillion cubic feet (TCF) of uncommitted gas reserves and positioning Nigeria as a key player in the global gas market. The initiative, which has already attracted about $4.9 billion in capital expenditure (CAPEX) investments, is designed to accelerate infrastructure development and enhance the monetisation of Nigeria’s vast gas resources.
Speaking at the 3rd Gas Investment Forum in Lagos, NUPRC Chief Executive, Engr. Gbenga Komolafe, represented by the Executive Commissioner for Development and Production, Engr. Enorense Amadasu, said the roadmap aligns with the government’s goal to strengthen energy security and drive industrial growth. He noted that Nigeria’s total gas reserves now stand at 210.54 TCF, with 55 TCF still uncommitted — representing a huge opportunity for both local and international investors seeking sustainable returns in the energy space.
According to Amadasu, Nigeria’s Reserves Replacement Ratio (RRR) has climbed to 1.56, while the Reserves Life Index (RLI) stands at an impressive 92.7 years, underscoring the long-term potential of the sector. Daily gas production rose from 6.91 billion standard cubic feet (BSCF/D) in 2023 to 7.61 BSCF/D in 2025, reflecting steady growth and resilience across the upstream gas value chain. The domestic market currently accounts for 28 percent of total gas use, while exports through LNG and the West African Gas Pipeline (WAGP) represent about 35 percent of utilisation.
The NUPRC further disclosed that it is monitoring 19 active gas development projects, including 10 production facilities and nine pipeline projects with a combined capacity of 3.55 BSCF/D. About 88 percent of these are in the engineering phase, while 12 percent are in construction or fabrication. Key projects under regulatory facilitation include NLNG Train 7, the Ajaokuta–Kaduna–Kano (AKK) Pipeline, and the Brass Fertilizer and Petrochemical Project, which are expected to enhance domestic supply and export capacity.
In a recent update, the Commission also highlighted a remarkable rise in oil and gas sector activity, with Nigeria’s rig count jumping from eight in 2021 to 69 as of October 2025 — a strong indicator of renewed investor confidence. Crude oil production also increased by 5.5 percent year-on-year in August 2025, averaging 1.43 million barrels per day. NUPRC said these milestones reflect ongoing reforms and investor-friendly policies that continue to reposition Nigeria as a major investment destination in Africa’s energy landscape.
source: Nairametrics