NUPRC: Nigeria to Leverage 37.5bn Barrels Reserves, 209tcf of Gas for Industrialisation

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Emmanuel Addeh in Abuja


With 37.5 billion barrels of crude oil and 209.26 trillion cubic feet of natural gas, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said that Nigeria will leverage on its abundant mineral resources, while ensuring decarbonisation for long-term sustainability.


Speaking at an event in Abuja themed: “Towards an Energy-Secured and Decarbonised Future”, the Chief Executive of NUPRC, Gbenga Komolafe, disclosed that the life indices of Nigeria’s oil and gas resources remain at 70 and 90 years respectively.

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