Nigeria stands at a defining inflection point in its energy journey. With 37.5
billion barrels of proven oil reserves and 209.26Tcf of proven gas, with an
upside potential of up to 600Tcf, Nigeria possesses one of the most
consequential hydrocarbon basins in the world. Combined with bold reforms
such as the Petroleum Industry Act (PIA) and the government’s long-term
Gas-Centric Energy Transition Plan, the nation is uniquely positioned to
accelerate sustainable economic growth and global energy leadership.
Building on this foundation, NNPC Limited’s Gas Master Plan (GMP) 2026 sets
forth a commercially driven, execution-anchored roadmap to transform
Nigeria into a globally competitive gas hub. This plan is built to deliver the
Presidential mandate of increasing national gas production to 10 BCF/D by
2027 and 12 BCF/D by 2030, while catalysing over USD 60 billion in new
investments across the oil and gas value chain by 2030.
The NNPC Gas Master Plan is anchored on NNPC’s contribution to delivering
Nigeria’s strategic gas production targets of 10 BCF/D by 2027 and 12 BCF/D
by 2030, while systematically advancing 3P resources into bankable 2P
reserves. It prioritises cost optimisation and operational excellence across the
entire gas value chain and strengthens supply to power, CNG, LPG, Mini- LNG,
and key industrial off-takers. Central to this agenda is the commitment to
eliminate routine gas flaring by 2027, minimise reinjection, and accelerate
deep water gas development to close critical infrastructure gaps. The plan
also unlocks growth for Gas-Based Industries (GBIs), reinforces strategic
assets such as AAGP and EWOGGS, expands national processing capacity,
and operationalises gas hub models for greater efficiency. To attract global
capital, the framework institutionalizes a competitive willing buyer-willing
seller commercial regime designed to deepen market liquidity and enhance
investor confidence.
The Federal Government of Nigeria, under the leadership of His Excellency
President Bola Ahmed Tinubu, GCFR, has further reinforced investor
confidence through targeted fiscal incentives, tax credits, exemptions, and
investment-friendly policies, designed to position Nigeria as the preferred
destination for global energy capital.
Under my leadership, NNPC Limited has adopted a stronger collaborative,
investor-centric approach to developing the GMP 2026. This edition
represents deeper alignment with the Decade of Gas Initiative, industry
stakeholders, partners, and investors, ensuring that Nigeria’s gas opportunity
is unlocked with speed, disciplined execution, and shared value creation. Our achievements to date, including the development of a robust
Gas Hub Concept, comprehensive mapping of supply to demand, and
flexible export/domestic supply strategies, form a solid operational base for
accelerated delivery.
As the Chief Sponsor of this transformative agenda, I reaffirm my full
commitment to providing the leadership, strategic oversight, resources and
leadership required to achieve the bold milestones before us. The NNPC 2026
Work Plan will be executed with precision, discipline, and accountability.
I call on all stakeholders’ operators, investors, policymakers, and the broader
gas ecosystem to work closely with the GMP Implementation Assurance
Team to ensure full realisation of Nigeria’s gas potential.
Together, we will
unlock unprecedented value, attract global investments, power industries,
and elevate Nigeria as a prosperous, energy-secure nation.
I am counting on your continued partnership and steadfast support as we
deliver on this shared vision.
Engr. Bashir Bayo Ojulari
Group Chief Executive Officer,
NNPC Limited.
