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New discoveries huge gas reserves in Nigeria

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By Abraham Adekunle

Expert says Nigeria could be described as a gas country with its huge reserves.

An oil and gas expert, Prof. Olanrewaju Aladeitan, has commended the new oil and gas discoveries in Nigeria, which indicate that the country has huge gas reserves. He said Nigeria could be more described as a gas country than a crude oil country because it had trillions of cubic feet of gas reserves. Aladeitan, who is a professor of Energy and Natural Resources at the University of Abuja, made this known in an interview with the media on Sunday, March 19, 2023.

It had been reported earlier that President Muhammadu Buhari had in November 2022 inaugurated the Kolmani Integrated Development Project at Kolmani River II oil field located at a border community between Bauchi and Gombe States. The Nigerian National Petroleum Company Ltd. (NNPCL) in 2019 had announced the discovery of crude oil, gas and condensate in the Kolmani Oil Field with over one billion oil barrels reserves and 500 billion cubic feet of gas. The NNPCL is also set to develop the first oil well in Nasarawa State in March 2023 in view of its confirmation of presence of substantial hydro carbon resources in the state.

There could be more gas than crude oil in Bauchi.

Prof. Aladeitan said that information from an insider revealed that data emerging from the Bauchi-Gombe axis showed that there was oil in commercial quantity, but with a caveat that gas could be more. He said some of the new frontiers that were also being discovered in the country even had more gas reserves than crude oil reserves. This means Nigeria’s gas reserve is very huge. “We have a huge gas reserve there somewhere around Igbariam in Anambra,” he said.

He said that there are new frontiers coming up. Nigeria has the Bauchi-Gombe new oil and gas discovery that is fast coming recently in Nasarawa and Niger. By the time the efforts are taken to the Sokoto Trough, he said, Nigeria may also find some reserves there as well. The NNPC Limited has over the years expended funds on frontier exploration, but the spending has now been statutorily ingrained in the new Petroleum Industry Act (PIA) 2021.

Some people doubt the discovery of oil in those environments.

Speaking on the perception of some people doubted whether oil was truly found in the new locations, Prof. Aladeitan said all the troughs had initially shown evidence of crude oil and gas in the past. But unfortunately, the technology available then may not have made it possible to follow up the discoveries. He said though some people were skeptical about the discovery of oil in those environments, but it was not as if those areas never showed evidence of crude oil as there were traces.

According to him, the kind of technology that existed in the past could not make them explore further, but now there is advanced technology that has made it possible. The professor further said that then, when Shell was exploring oil in the entire country, the company realized that the Niger Delta had more concentration of oil. He said this made Shell concentrate in that region, not that there had not been traces of oil in other places.

Further discoveries cannot be predicted based on current data.

Prof. Aladeitan said that it is not sure that if the exploration continues, whether or not it will show that oil is in commercial quantity. However, he assures everyone from an insider view that the data emerging from the Bauchi-Gombe axis shows that there is oil in commercial quantity but with a caveat that what they may get, could be much more gas. He said there are even traces of it in the Chad Basin. In essence, with improved technology and improved knowledge now, experts can get clearer pictures of those things we could not assess or have information about in the past.


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AN-Toni
Editor
11 months ago

New discoveries huge gas reserves in Nigeria.Expert says Nigeria could be described as a gas country with its huge reserves.Express your point of view.

theApr
theApr
Member
11 months ago

These new discoveries are timely. It’s stated that we have more of gas than oil. With these discovery, the government need to position the country in a good spot by investing in technology to help with more discoveries

Taiwoo
Taiwoo
Member
11 months ago

It’s strange to think that some of the newly discovered territories in the country have even greater quantities of natural gas than reserves of crude oil this is one of those facts that will blow your mind.

Godsewill Ifeanyi
Godsewill Ifeanyi
Member
11 months ago

I hope these new oil discoveries will be properly utilized so that we can at least have something that can boos our nation’s growth.

Chibuzor
Chibuzor
Member
11 months ago

Despite this and the earlier discoveries the price of gas has plummeted and still not affordable for a layman.

Kazeem1
Kazeem1
Member
11 months ago

How are they just finding about these gas reserves now because it would have really benefitted us if we had gotten our hands on the resources it provides and utilized it properly.

Hassan Isa
Hassan Isa
Member
11 months ago

We have reason to rejoice because with the results of this discovery in hand, the government needs to take the necessary steps to put the nation in a strong position by funding in emerging technologies to facilitate more findings.

Kazeem1
Kazeem1
Member
11 months ago

At least this is going to be one good thing that buhari will do before he retires because giving each state an autonomy to power will help boost their growth immensely in various sectors.

Iyanu12345ogg
Iyanu12345ogg
Member
11 months ago

It’s positive! To enhance more discoveries like this, provisions for skilled and knowledgeable expects and improved technology are very important.

Last edited 11 months ago by Iyanu12345ogg
Ultra0711
Ultra0711
Member
11 months ago

The rate at which gas has been costly increasing is unimaginable I can’t even believe all this excess gas reserves sayings.

Nwachukwu Kingsley
Nwachukwu Kingsley
Member
11 months ago

Nice one a new discoveries I hope we make use of this discoveries to promote the growth of our country a lot of discoveries is yet to be found we should keep up in search for new discoveries that will benefit the country development

Adesanyaj72
Adesanyaj72
Member
11 months ago

Let’s all hope this new discovery will help alleviate the constraints we are currently experiencing with gas issue in Nigeria.

Haykaylyon26
Member
11 months ago

We should keep this up and engage in technology that will help in discovery new things that exist in our country so it can be utilize for the progress of the country

Tolaniiii
Tolaniiii
Member
11 months ago

Now it’s over to the government to utilize this new discovered gas reserves and makes it boom well.

Adeolastan
Adeolastan
Member
11 months ago

The discovery and rediscovery of oil in the country has not really do us well in the country since the exploration of the product started rather it as taken us back far than before then and the current discovery can not make any different because of corruption.

SarahDiv
Member
11 months ago

With the New discovery of areas with abundance of reserved gas in Nigeria, it is obvious that this country is blessed with mineral resources.

DimOla
DimOla
Member
11 months ago

The discovery of huge deposit of gas in Nigeria is an indication of how blessed Nigeria is. God has truly blessed Nigeria

Tonerol10
Tonerol10
Member
11 months ago

Nigeria is blessed with a lot of resources but bad government has always drow us backward with the selfish interest. If we are described as a gas country with its huge reserves is fine

Remi1
Remi1
Member
11 months ago

I hope we can use these findings to advance the development of our nation. There are still many discoveries that need to be made, therefore we should continue looking for them.

Abusi
Abusi
Member
11 months ago

We have huge gas reserve in Nigeria. The question is are we maximizing the full extent of our resources?
It should be cheap to us in Nigerian and we should be able to export it.

Bola12
Bola12
Member
11 months ago

Gas prices have skyrocketed at an unfathomable rate. All these claims of plentiful petrol supplies in the future are beyond my comprehension.

Christiana
Christiana
Member
11 months ago

The effective utilisation of these fresh oil discoveries is my greatest hope for boosting our country’s economic progress.