Nigeria Still Searching for the Floor of its Natural Gas Output - Africa’s premier report on the oil, gas and energy landscape.

Nigeria Still Searching for the Floor of its Natural Gas Output

The Nigerian gas market did not step-up in September 2023, if the volumes by the main indigenous gas producers were any indication.

Oando, the largest indigenous gas producer on a gross basis, experienced a large drop from 482Million standard cubic feet a day (482M Mscf/d) in August 2023, to 344MMscf/d in September 2023, in the four OMLs (60,61, 62, & 63) operated by Nigerian Agip, in which it is a 20% partner.

ND Western’s gross output (in JV with NNPC E& P Ltd) was doing 263MMscf/d, lower than it’s August 2023’s 279MMscf/d. This was nowhere near the average of 300+MMscf/d in 2022.

Seplat’s gross gas output was 249MMscf/d in September 2023, compared with 242MMscf/d it recorded in August 2023.

Aradel Holdings, operator of the Ogbele field, was in negotiation for more favourable payment terms with SPDC, through whose infrastructure it supplies 35MMscf/d to the Bonny NLNG plant.

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