April 17, 2025/CSL Research
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recently released the March 2025 Gas Production Status Report indicating that Nigeria’s total gas production for the month was 227,931.65 million standard cubic feet (MMscf), up 14.91% year-on-year (y/y) from 198,353.62 MMscf recorded in March 2024. Distilling the gas production figures for the period showed that Associated Gas (AG)—natural gas produced alongside crude oil—accounted for 119,552.75 MMscf, up from 112,544.14 MMscf in March 2024.
Non-Associated Gas (NAG)—gas produced from conventional fields independent of crude oil—was 108,378.90 MMscf, compared to 85,809.49 MMscf in the corresponding period of 2024. On a month-on-month (m/m) basis, total gas production in March increased by 15.62% from the 197,131.88 MMscf recorded in February 2025.
In recent months, domestic gas sales have maintained a positive trajectory, rising by 21.86% y/y to 65,631.87 million standard cubic feet (MMscf) in March 2025, up from 53,857.68 MMscf recorded in March 2024.
Similarly, export gas sales increased by 18.90% y/y to 80,468.01 MMscf in March 2025, compared to 67,675.85 MMscf in the same period last year. On a month-on-month (m/m) basis, both domestic and export sales rose by 23.81% and 23.55%, respectively, aligning with the overall growth in gas production. Despite this growth, domestic sales continued to represent 45% of total gas sales in March 2025—the same proportion recorded in January and February of the year. While the upward trend in domestic gas sales aligns with the Federal Government’s expectations following its ban on liquefied petroleum gas (LPG) exports, it is evident that more progress is needed. Export volumes continue to outpace domestic consumption, highlighting the need for a more robust policy framework to support domestic gas supply.
A notable positive development in recent months, following the implementation of the LPG export ban, is the decline in domestic cooking gas prices. Although prices remain relatively high, the average cost of a 12.5 kg refill has fallen from the peak of ₦17,283.58 reported by the National Bureau of Statistics (NBS) in November 2024 to approximately ₦13,750.00 as of April 2025, based on market surveys. This downward price adjustment reflects the sustained increase in domestic gas supply. The Federal Government’s efforts to ensure adequate local supply are anticipated to further ease LPG prices in the short term.
Click here to download full report: CSL Nigeria Daily – 17 April 2025 – Energy.pdf
