Nigeria May Face Gas Scarcity From 2009

With capacity of gas supply to meet effective demand trailing by not less than 50 percent, if the current rate of gas exploration in Nigeria is sustained, the country will face severe gas deficit from 2009, petroleum experts have stated.

The Nigerian Association of Petroleum Explorationists (NAPE), which made the statement in Lagos yesterday, said with the estimate of Nigeria’s gas reserves standing at about 173 trillion cubic feet of gas and the short, medium and long term demand for gas standing at about 160 trillion cubic feet a deficit seriously threatens.

Engr. Austin Avuru, President of NAPE who presented the associations statement said the age long myth of Nigeria having so much gas and not knowing what to do with it has been voided by this reality.
All Africa