Nigeria Energy Transition Plan

Natural Gas

Natural Gas in Nigeria’s Energy
Transition Plan

Nigeria’s Energy Transition Plan (ETP) recognizes the role Natural Gas must play as a transition fuel on the path to net-zero. Given the rapid scaling-up of energy systems required, Nigeria’s abundant gas reserves and energy security considerations, Gas features critically in the nation’s ETP.

Gas will play a significant role in establishing baseload energy capacity, stabilizing the grid to allow for the integration of renewables at scale and addressing the nation's clean cooking deficit in the form of LPG. Consequently, the commercialization of gas is a priority for the Nigerian Government.

Gas Consumption in Nigeria in 2019 , billion cubic feet (bcf)

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The ETP indicates that gas consumption will grow by about 25% above the 2019 baseline by 2030, before declining to approximately 50% of the 2019 value as we approach our 2060 deadline for carbon neutrality.

In 2019, Gas Consumption in Nigeria was about 2.9 trillion cubic feet (tcf), with Buildings(Cooking), Power, Industry and Export accounting for approximately 1.7 tcf (60%)

The ETP analysis delineates the impact of the transition on gas consumption for the Cooking, Power, Industry and Export sectors, largely in terms of incremental demand up until 2030. It is assumed that the demand is added to production and there is no cannibalization of gas exports. Post-2030, gas consumption is expected to decrease due to declining global demand and transition activities.

Evolution of Gas Demand Across Sectors
due to the Transition