Gas sector attracted over $5bn investments in 1 year –NGA

The Nigerian Gas Association (NGA) announced that over $5 billion has been invested in Nigeria’s gas sector within the past year. NGA President Akachukwu Nwokedi highlighted sectoral advancements including infrastructure development, floating LNG projects, gas processing, and domestic utilization. 

He praised government reforms and regulatory bodies like NUPRC and NMDPRA for supporting gas commercialization and pricing reforms. The NGA also reaffirmed its commitment to methane reduction, CNG safety, and the national energy transition, with gas at the forefront due to Nigeria’s 209 TCF in proven reserves and a potential of up to 600 TCF.

The NGA confirmed participation in the World Gas Conference 2025 in Beijing, where it will host a Nigeria Pavilionto showcase investment opportunities and gas sector progress under the “Decade of Gas” initiative. The Pavilion aims to attract global investment and highlight Nigeria as a serious player in the global gas industry.

Nwokedi emphasized that the initiative goes beyond energy, touching on job creation, industry growth, cleaner energy, and national transformation.