NNPCL Unveils \$60bn Gas Expansion Plan to Capture Global Markets

By Diafa Doubra,

The Nigerian National Petroleum Company Limited (NNPCL) has announced an ambitious plan to invest $60 billion in gas infrastructure expansion over the next five to seven years, a move aimed at positioning Nigeria as a major player in the global gas market.

The plan, unveiled by the company’s Group Chief Executive Officer, Mele Kyari, focuses on boosting Nigeria’s domestic supply and export capacity through pipelines, processing facilities, and liquefied natural gas (LNG) projects. According to Kyari, the initiative is expected to create jobs, drive industrial growth, and generate significant foreign exchange for the country.

Nigeria holds one of the world’s largest proven gas reserves, yet inadequate infrastructure and investment have limited its ability to fully harness this resource. The new expansion blueprint is designed to close that gap, strengthen regional supply to West Africa, and compete with established exporters in Europe and Asia.

Kyari also emphasized that the project aligns with Nigeria’s energy transition strategy, as natural gas is being promoted as a cleaner alternative to crude oil. “This is not just about revenue generation,” he said, “but about securing Nigeria’s energy future and meeting global demand responsibly.”

Industry experts believe the project could transform Nigeria’s energy sector if executed effectively, though they warn that consistent government support and transparent policies will be crucial to attracting long-term investors.