With over 186.6 trillion cubic feet of natural gas reserves, Nigeria has Africa’s largest gas reserves and accounts for about 2.8 per cent of the world’s total gas reserves. This also places the country the ninth largest globally.
According to a report on investment climate released to Daily Sun yesterday, the natural gas reserves are made of approximately 49 per cent associated and 51 per cent non-associated located offshore and on shore.
“There is a gross potential of 11, 250 MW of large hydro power plants with only approximately 17 per cent harnessed. Likewise, only about 2 per cent of the resources have been harnessed. Solar radiation intensity ranged from 4.0 kWh2/day in the south to 6.5kWh/m2/day in the north. Wind speed varies between 2m/s and 4m/s across the country with the lower speed experienced in the hinterland while the higher speed is experienced in coastal areas and the far north part of the country…
More details through:
News Archive from before July 2018