Houston, United States – The Nigerian National Petroleum Company Limited (NNPCL) says it plans to raise Nigeria’s gas reserves from about 210 trillion cubic feet to roughly 600 trillion cubic feet. The company also aims to attract about $60 billion in fresh investment into the gas sector.
Okay News reports that NNPC’s Executive Vice President for Gas, Power & New Energy, Olalekan Ogunleye, outlined the targets at the CERAWeek energy conference in Houston. He said Nigeria is well‑placed to become a bigger supplier of liquefied natural gas and gas‑based industrial products.
Ogunleye said the Strait of Hormuz shipping constraints from the US–Israel vs. Iran conflict underline Nigeria’s strategic position. Under the NNPC Gas Master Plan, the company wants to validate higher reserves, lift daily gas production from about 7.4 billion cubic feet to 12 billion cubic feet by 2030, and secure over $60 billion in new gas‑sector funding. He described the plan as execution‑driven, not just theoretical.
The Gas Master Plan 2026 targets 10 billion cubic feet of daily gas production to support industrialisation and energy security. The plan focuses on disciplined delivery, infrastructure upgrades, and expanding markets so Nigeria can turn its large gas resources into real economic value. The effort is part of a broader push to lock in LNG demand and strengthen the country’s role in global energy supply.
 says it plans to raise Nigeria’s gas reserves from about 210 trillion cubic feet to roughly 600 trillion cubic feet.){kind=link}