15 April 2021
In recent times, Nigeria has been described as a gas bearing nation with pockets of oil. With reserves in the region of 203 trillion cubic feet (”tcf”), an upside of 600 tcf and the continued volatility in the prices of crude oil, it has become imperative for Nigeria to commit immutably to the commercialisation of its abundant gas reserves.
Awakening to this reality, the Minister of Petroleum Resources for State declared 2020 – 2030 as the decade of gas (”Declaration”). The Nigerian National Petroleum Corporation (“NNPC”) has also earmarked seven critical gas development projects (7CGDP) which are expected to deliver about 3.4 billion standard cubic feet of gas per day (bscfd) to the domestic market and provide 15GW of power supply to the country.
In this article, we have highlighted the criticality of midstream gas infrastructure development to the actualisation of the Declaration. Also, we considered the critical enablers for the development of midstream gas infrastructure.