spot_img
spot_imgspot_img
August 10, 2026 - 12:23 PM

Nigeria Turns to Cooking Gas Imports as Local Supply Falls and Fuel Market Pressure Grows

Nigeria recorded a sharp increase in cooking gas imports in June 2026 as local supply declined, highlighting growing concerns over the country’s reliance on foreign products despite its abundant natural gas resources. The most recent industry statistics indicated that domestic production dropped by 10% while LPG imports rose to 1.5 kilotonnes per day from only 0.1 kilotonnes in May. 

Almost 30% of the country’s total LPG supply last month came from imported quantities, The News Chronicle reports, while domestic refineries contributed just a small fraction. Imports kept rising even as authorities keep pushing the Decade of Gas project meant to increase domestic output and lower reliance on imports.

Fresh industry data also showed that Nigeria flared natural gas worth some $888.2 million from January 2025 to June 2026. More gas was shipped during the same time frame than was delivered to domestic customers, which begged questions regarding energy availability for manufacturing, other sectors, and power generation.

Although total gas output stayed reasonably constant, experts predict that increasing domestic processing capacity will be essential to boosting energy security, lowering import dependency, and fostering long-term economic development.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Share post:

Subscribe

Latest News

More like this
Related

Why We Planned to Overthrow Tinubu — Army Colonel Ma’aji Reveals

A Nigerian Army Colonel, Mohammed Ma’aji, has revealed that...

UNICAL Chapel Crisis: Police Halt Service Over Fear of Bloodshed

The Police Command in Cross River has intervened in...

How Lavrov’s Philosophy of “Ubuntu” Reflects on the Level of Africa’s Media Presence in Russia

Russian Foreign Minister Sergey Lavrov has sharply criticised the...

UNICAL Chapel Crisis: Police Halt Service Over Fear of Bloodshed

The Police Command in Cross River has intervened in...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x