Production & Consumption
Nigerian National Petroleum Corp. (NNPC) has been criticised for its lack of transparency, and the statistics it publishes reveal large swings in gas utilisation over the past few years. NNPC statistics reveal 2010 to be an anomalous year for gas utilisation with a dramatic drop in gas used for re-injection, LPG/NGL feedstock to EPCL and for LNG, but large increases in fuel gas to EPCL and gas-lift.
Energy Information Administration statistics reveal a gradual increase in gas consumption to 2008, when consumption dropped by 2.5 bcm in 2009 and a further 4.8 bcm in 2010. Consumption has since begun to recover.
The market potential for gas in Nigeria has barely been tapped and is recognised as large across residential, commercial and industrial sectors. There is much scope on the residential side, including displacing oil derivatives used for cooking and lighting.
Power Holding Company of Nigeria accounts for about 70% of domestic gas consumption, using gas at four power plants with a combined usage of 43 million cubic metres per day (MMcm/d).
Source: EIA
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Source: EIA
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Source: EIA
Page updated: 22/08/2014