#EconomyNigeria | Doowe Gas

Nigeria sees surge in LNG demand as Middle East war reshapes global energy flows

Speaking at the CERAWeek energy conference in Houston, NNPC Executive Vice President Olalekan Ogunleye said buyers were increasingly turning to Nigeria because of its proximity to key consuming markets and the scale of its gas reserves — the largest on...

April 13, 2026

Govt boosts gas production, eyes 12bcf daily output

Articles

Govt boosts gas production, eyes 12bcf daily output

Nigeria’s push to reposition natural gas as the backbone of its energy transition is gaining momentum, with production rising from 6.8 billion cubic feet per day in 2023 to 7.5 billion cubic feet per day in 2025. The Coordinating Director...

March 31, 2026

Africa & the Iran War: What the Oil Price Shock and Shipping Disruptions Mean for Economies

Articles

Africa & the Iran War: What the Oil Price Shock and Shipping Disruptions Mean for Economies

With Brent prices swinging from $119 to $86 in a matter of days, the Strait of Hormuz closed and war‑risk insurance soaring, Africa faces a classic external‑price and logistics shock. Oil exporters may see fiscal windfalls, but most African countries...

March 17, 2026

Global Energy Shock: Why Gas Prices Jumped 50% and What It Means for Nigeria

Articles

Global Energy Shock: Why Gas Prices Jumped 50% and What It Means for Nigeria

Natural gas prices soar 50% and Brent crude climbs 10% after QatarEnergy halts production amid Iran–US–Israel tensions and attacks near the Strait of Hormuz. Natural gas prices surged by nearly 50% on Monday after QatarEnergy, one of the world’s largest...

March 5, 2026

The 6-Trillion Naira Shadow: Why Nigeria’s Grid is Starving for Gas

Articles

The 6-Trillion Naira Shadow: Why Nigeria’s Grid is Starving for Gas

Nigeria’s gas-fired power plants are receiving less than half the fuel they need, worsening electricity supply in Africa’s most populous country, the grid manager said on Friday. The shortage is tied to mounting sector debt from government subsidies, which operators...

March 3, 2026