Upstream Oil Regulator Attracts $4.9bn Gas Investment, Unveils Road Map

Leadership | 09-10-2025 10:05pm |

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has attracted $4.9 billion capital expenditure (CAPEX) investments and unlocked nearly 9,790 BSCF of reserves, 3.54 BSCF/D of gas, into the country’s gas industry since the implementation of the Petroleum Industry Act (PIA) in 2021. The regulator has also unveiled regulatory road map targeting to unlock over 55

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