Introduction to The Nigerian Gas Master Plan
The Nigerian Gas Master Plan is a document that outlines the government masterplan for the gas sector in the country.
The gas sector holds significant potential. Nigeria has the 7th largest reserves in the world with significant scope for growth. The gas quality is high – particularly rich in liquids and low in sulphur.
Following several years of low gas utilization, the sector is now confronted with a huge potential for unprecedented growth from about 5bcf/d currently to over 20bcf/d by 2011/12. Compared with the global average, this is by far the world’s most aggressive growth forecast.
There is a robust portfolio of gas opportunities to underpin the objectives of the gas master plan. The challenge is sustaining this portfolio with available and affordable supply.