Many gas-based projects are being undertaken in line with Governments aspirations in the sector. They include:
Domestic Gas Market Expansion
As a result of various projects established, total gas utilized in the country increased from about 573 million scf/d in 2004 to about 839.70 mmscf/d in 2016. Substantial demand growth is expected in this decade. Consequently, domestic demand for natural gas is expected to increase considerably. Investment opportunities therefore abound in the domestic gas market.
The Liquefied Natural Gas Projects.
Since production started from trains 1& 2 in 1999, NLNG has been one of the fastest growing endeavours in the world. Train 3 was commissioned in November 2002 while Train 4 came on stream in November 2005 and Train 5 was started up in February 2006. Train 6 became operational in December 2007.
Plans for building Train 7 that will lift the total production capacity to 30 MTPA of LNG are currently progressing with some preliminary early site preparation work initiated. Further work awaits an FID by the shareholders.
In addition, the Brass LNG with 2 trains and an output of 10mtpa FID is expected in the years ahead while the Olokola (OK) LNG which is a 4 train plant with an expected output of 20mtpa will also be delivered.
The West Africa Gas Pipeline
The Final Investment Decision of the West Africa Gas Pipeline was signed on 16th December 2004. The initial capacity utilization of the pipeline which is 200 mmcf/d is expected to increase to about 460 mmcf/d by 2026 This project which is of strategic importance is expected to foster cooperation and economic development in the sub- region in the spirit of the New Partnership for African Development (NEPAD).
The Tran Saharan Gas Pipeline.
A Tran Saharan gas pipeline running from Nigeria to Algeria is under consideration. The objective is to make Nigerian piped gas available to Europe. The technical and commercial viability of this project is however being studied through a feasibility study being undertaken by a consultant on behalf of NNPC and Sonatrach.
Gas to Liquids & Natural Gas Liquids
These include the Escravos Gas- to- Liquids with a capacity of 34,000 barrels per day, the Escravos Natural Gas Liquids 1, 2 & 3 as well as the Mobil Natural Gas Liquids 1& 2.