{
  "id": 7420389,
  "title": "NNPC targets 600tcf reserves, raises gas production",
  "url": "https://urgent.news/2026/09/14/nnpc-targets-600tcf-reserves-raises-gas-production",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-14T23:24:04.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/nnpc-targets-600tcf-reserves-raises-gas-production/"
  },
  "original_language": "en",
  "account": "The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced ambitious plans to boost Nigeria's gas reserves and production by 2030. Executive Vice President of Gas, Power & New Energy, Olalekan Ogunleye, revealed that the country's reserves could be expanded from the current 215 trillion cubic feet (tcf) to over 600 tcf, while national production would increase to 12 billion cubic feet per day (Bcf/d). The company is implementing a Gas Master Plan to achieve these targets, which aligns with the Petroleum Industry Act, Decade of Gas Framework, and the Gas Master Plan. Ogunleye emphasized that Nigeria's strategic position as a global gas hub, coupled with its substantial gas resources and favorable geographical location, makes it an attractive supplier to international markets. The company's focus is on strengthening coordination, incentivizing domestic gas utilization, and expanding exports, aiming to drive industrialization, create jobs, and enhance energy security.",
  "summary": "The Nigerian National Petroleum Company Limited (NNPC) has announced ambitious plans to increase Nigeria's gas reserves to over 600 trillion cubic feet (tcf) and raise national gas production to 12 billion cubic feet per day (Bcf/d) by 2030. This initiative, aimed at positioning Nigeria as a global gas hub, is part of a Gas Master Plan designed to leverage the country's proven 215 tcf reserves for industrialisation and expanded export markets. NNPC's Executive Vice President, Gas, Power & New Energy, Olalekan Ogunleye, highlighted the company's focus on reinforcing coordination through the Petroleum Industry Act, Decade of Gas Framework, and the Gas Master Plan, with the goal of ramping up national gas production to 10 Bcf/d by 2027 and 12 Bcf/d by 2030.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "NNPC targets 600tcf gas reserves, 12Bcf/d output by 2030",
        "url": "https://urgent.news/2026/09/14/nnpc-targets-600tcf-gas-reserves-12bcf-d-output-by-2030",
        "published": "2026-09-14T13:48:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}