NLNG to NNPC Boss: More Investments Needed to Stabilise Nigeria’s Gas Supply
The Nigeria LNG Limited (NLNG) has emphasized the urgent need for more investments in the country’s gas sector to ensure a sustainable and stable energy supply. Speaking during a strategic engagement with the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, the management of NLNG highlighted the importance of scaling up infrastructure and funding to meet growing domestic and international demand.
Nigeria, blessed with abundant natural gas reserves, continues to face challenges in harnessing its full potential due to underinvestment, infrastructural gaps, and policy bottlenecks. NLNG officials stressed that long-term stability in gas production and distribution will only be achieved when deliberate investments are made in processing plants, pipelines, and storage facilities.
The NNPC boss acknowledged the concerns raised and assured that the government is committed to creating an enabling environment that encourages both local and foreign investors to actively participate in Nigeria’s gas value chain. He noted that the nation’s energy transition plan heavily relies on natural gas as a cleaner alternative to crude oil, making investment in this sector a top priority.
Industry analysts believe that aligning NLNG’s vision with NNPC’s drive for energy security could accelerate Nigeria’s transition to becoming a major gas hub in Africa, while also improving power supply, industrial growth, and foreign exchange earnings.
