• FG targets 10bn cubic feet daily gas production in 3 years

    FG targets 10bn cubic feet daily gas production in 3 years

    According to reports, the federal government said it will increase the country’s natural gas production to 10 billion standard cubic feet per day (bscfd) by 2019 with the implementation of the new roadmap for the oil and gas industry, tagged 7 Big Wins.

    The current average daily production is 6.8bscf.

    The government also said it had secured over $2 billion commitment from potential investors in the Gas Export Processing Zone (EPZ) in Delta State.

    The minister of state for petroleum resources, Ibe Kachikwu, […]