Nigeria: Development of Natural Gas Reserves

OSO Condensate Project, the OSO Natural Gas Liquefaction (NGL) Project, the Escravos Gas Project and the Nigeria Liquefied Natural Gas (NLNG) Project all promote the use (rather than flaring) of associated gas.

Status: In Force; Government Initiative

Funding Information: Nigerian National Petroleum Company (NNPC) estimates that meeting Nigeria’s natural gas development goals (by 2010) will require $15 billion in private sector investment

Targets: The government aims to eliminate gas flaring by 2008 and to increase its earnings from natural gas exports to 50 percent of oil revenues by 2010

References: EIA Country Analysis Brief: Nigeria, http://www.eia.doe.gov/emeu/cabs/nigeria.html