Nigeria Boosts Gas Production By 5%

Nigeria’s national gas production in January 2021 increased by 4.79% percent (approximately 5 percent) at 223.55BCF compared to output in December 2020.
The NNPC’s latest monthly data report said the boost in gas production for the month under review translates to an average daily production of 7,220.22mmscfd.
A total of 223.55Billion Cubic Feet (BCF) of natural gas was produced in the month January 2021 translating to an average daily production of 7,220.22Million Standard Cubic Feet per Day (mmscfd).
For the period January 2020 to January 2021, a total of 2,973.01BCF of gas was produced representing an average daily production of 7,585.78mmscf during the period.
Production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and NPDC contributed about 65.20%, 19.97%and14.83% respectively to the total national gas production.
Out of the 222.24BCF of gas supplied in January2021, a total of 149.24BCF of gas was commercialised; consisting of 44.29BCF and 104.95BCF for the domestic and export market respectively. This translates to a total supply of 1,428.65mmscfd of gas to the domestic market and 3,385.57mmscfd of gas supplied to the export market for the month.
This implies that 67.15% of the average daily gas produced was commercialized while the balance of 32.85%was re-injected, used as upstream fuel gas or flared.
Gas flare rate was 7.73%for the month under review i.e. 554.01mmscfd compared with average Gas flare rate of 7.19%i.e. 539.69mmscfd for the period January2020to January 2021.
Total gas supply for the period January 2020 to January 2021 stood at 3,189.64BCF out of which 526.67BCF and 1,468.21BCF were commercialized for the domestic and export market respectively.