Gas
Seplat discovers 157 billion cubic feet of gas, 19 million barrels of oil in Nigeria
CEII brief
Nairametrics reported on 29 Oct 2026: Seplat discovers 157 billion cubic feet of gas, 19 million barrels of oil in Nigeria.
Read the full story on NairametricsSeplat Energy Plc, one of Nigeria’s leading indigenous energy companies, has announced the discovery of an estimated 157 billion cubic feet (Bcf) of natural gas and 19 million barrels of oil in place at its Aku-01 exploration well in Nigeria.
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 © Nairametrics. 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.
