Nigeria LNG Limited (NLNG) has urged investors to take advantage of emerging opportunities in the country’s gas sector, warning that delays in developing new projects could slow efforts to unlock Nigeria’s vast gas reserves.
Speaking at the Nigeria Oil and Gas (NOG) Energy Week in Abuja on Wednesday, NLNG’s General Manager, Commercial, Timothy Fakrogha, said the country possesses abundant gas resources but needs faster investment to convert them into commercially viable reserves.
He said Nigeria must accelerate the commercialisation of stranded gas resources, expand shared infrastructure and fully utilise incentives provided under the Petroleum Industry Act (PIA) and recent presidential fiscal reforms.
“The window of opportunity is there, but it will not remain open forever. Investors need to move quickly,” Fakrogha said.
He argued that operators should collaborate on shared gas infrastructure instead of building separate facilities, noting that such an approach would reduce costs and speed up project delivery.
According to him, NLNG’s Gas Transmission System, which aggregates supplies from several upstream producers, provides a model that could be replicated across the industry.
Fakrogha also rejected claims that gas exports undermine domestic supply, insisting that export projects generate foreign exchange and attract investments that ultimately strengthen the local gas market.
Highlighting NLNG’s domestic contributions, he said the company has steadily increased supplies of Liquefied Petroleum Gas (LPG) since entering the local market in 2007, with domestic supply reaching about 520,000 tonnes by the end of 2025.
He added that NLNG plans to divert part of its export volumes to the Nigerian market before the end of the decade once domestic infrastructure is sufficiently developed.
Fakrogha identified critical infrastructure projects, including the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline, as key to expanding gas distribution across the country, while commending regulatory reforms aimed at encouraging deep offshore gas development and shortening contracting timelines.
He stressed that domestic gas pricing should strike a balance between ensuring affordable supply for consumers and providing producers with returns that can sustain long-term investment.
“Nigeria is a gas nation. We remain committed to ensuring gas availability wherever possible while supporting national development and maintaining 100 per cent delivery of our domestic LPG obligations,” he said.
