Nigeria’s gas output dips by 21% to 145BSCF in one month
Dublin, Ireland -- Nigeria’s gas output dipped by 21 per cent to 144.909 billion standard cubic feet. BSCF, at the end of February this year, compared with gas output of 182.742 billion SCF in the preceding month, according to the monthly gas report of the Nigerian National Petroleum Company, NNPC.
The NNPC, in its gas utilisation report for February 2024, also disclosed that average daily gas production in the country dropped by 15 percent from 5.895 billion SCF in January to 4,997 billion SCF in February.
Giving a breakdown of gas produced in the month under review, the NNPC stated that Associated Gas, AG, accounted for 67.73 percent of total gas output, with 98.142 billion SCF, while Non-Associated Gas, NAG, accounted for 32.27 per cent of the total gas output.
Analysing the volume of gas utilised from the total output, the NNPC reported that 7.885 billion SCF was utilised as fuel gas; 60.979 billion SCF was utilised by the Nigerian Liquefied Natural Gas, NLNG; while 73 million SCF was utilised by the Escravos Gas to Liquid, EGTL, project.
In addition, it stated that 1.494 billion SCF was utilised as Natural Gas Liquid/Liquified Petroleum Gas, NGL/LPG; domestic gas sales by the Nigerian Gas Company and others took up 17.734 billion SCF of gas; while 45.904 billion SCF was utilised for gas reinject and gas lift make-up.
To this end, the NNPC noted that 134.067 billion SCF of gas, representing 92.51 percent of total output, was utilised, while 10.67 billion SCF, representing 7.4 percent, was flared.
Further analysis showed that the total volume of gas utilised in February 2024 dipped by 14.37 percent compared with the 156.562 billion SCF utilised in January 2024, while the volume of gas flared in February 2024 was 14.67 percent lower than the 12.505 billion SCF of gas flared in the