Gas
FG to double oil, gas reserves with fresh exploration
CEII brief
Punch reported on 10 Nov 2026: FG to double oil, gas reserves with fresh exploration.
Read the full story on PunchThe Federal Government plans to double Nigeria’s oil and gas reserves through intensified exploration in deepwater and other underexplored basins.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
72.9% of electricity in Nigeria came from gas in 2024Countries in this story
Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.