According to an analysis of the International Energy Agency’s (IEA) Global Gas Security 2026 report, the boost, which took shipments to their greatest level given that 2020, comes as international LNG trade visited about 11 bcm within the very first 10 months of the year. This opened a market that Nigeria’s gas sector might use.
“LNG shipments increased by around 30 percent y-o-y in between January and October to their greatest level considering that 2020, supported by enhanced feedgas accessibility and higher prioritisation of supply to the liquefaction complex,” the IEA composed in its report.
Read likewise: Households to pay more for cooking gas as gantry rate strikes N1000/kg
The extra volumes likewise raised utilisation at Nigeria LNG’s six-train liquefaction complex above 80 percent, suggesting that enhanced gas schedule likewise equated into greater output from existing facilities.
The nation’s boost was amongst the biggest taped by recognized LNG providers throughout the duration. Other nations like Malaysia included about 4 bcm, representing a 14 percent boost.
The United States and Canada represented 85 percent of extra volumes provided. Other existing manufacturers contributed a combined volume of 16 bcm. Nigeria and Malaysia were the biggest factors to worldwide supply within the duration.
While Nigeria’s supply increased to satisfy the needs of the worldwide market in the face of the US-Iran war, domestic markets did not reveal such strong favorable outcomes.
The IEA report highlighted that although gas provided to the domestic market increased in the very first half of 2026, it fulfilled just about 65 percent of manufacturers’ domestic supply responsibilities.
The deficiency was credited to “relentless facilities, payment and market restrictions”.
The report kept in mind that Nigeria’s gas need is anticipated to increase by about 2 percent in 2026, driven primarily by power generation, followed by fertiliser and petrochemical production, commercial heat, and the oil & & gas sector.
“Nigeria is sub-Saharan Africa’s biggest gas-consuming nation, with need set to increase by around 2 percent y-o-y in 2026. Need is led by power generation, followed by fertiliser and petrochemical production, commercial heat and the oil and gas sector,” the IEA kept in mind.
Read likewise: Cooking gas supply from regional sources leaps 50% as imports plunge
African gas production to broaden
Nigeria’s boost in LNG shipments just forms part of a broader growth in African gas supply. The IEA projections that the continent’s production will increase to 248 bcm in 2026, up from 240 bcm a year back on the back of growing need.
According to the report, gas intake will increase by 5 percent to 186 bcm in 2026 from 178 bcm over the exact same duration a year back, due to increasing requirements from gamers in the power sector.
“Africa’s gas need is set to increase by around 5 percent y-o-y in 2026, representing 4 percent of international usage. It grew by 1.7 percent annually from 2020 to 2025, supported by population and electrical power need development and commercial advancement,” the report kept in mind.
Intake will likewise be affected by commercial users, consisting of fertiliser, petrochemical, cement and metals manufacturers, who continuously require gas for organization operations.
“Power generation is the biggest source of need, followed by market– especially fertilisers, petrochemicals, cement and procedure heat– and the energy sector,” the IEA stated.
Feyishola Jaiyesimi
Feyishola Jaiyesimi is an author and writer. She presently composes for the energy desk at BusinessDay with a concentrate on renewable resource and ecological problems. She started her journalism profession as a farming press reporter and now covers the energy sector, consisting of oil, gas, electrical energy, environment, and renewables. She has actually been picked for expert training by the United States Consulate, Lagos. She is a 2025 Dataphyte Biodiversity Reporting Fellow. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University.


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