Nigeria will use the 2025 African Energy Week (AEW) in Cape Town, set for September 29–October 3, to promote major energy investment opportunities. Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, will highlight Nigeria’s expanding gas market and infrastructure, including the $25 billion Nigeria-Morocco Gas Pipeline. The project, which has attracted interest from the U.S., UAE, and global investors, aims to deliver Nigerian gas to Europe and enhance regional energy security and economic growth.
Nigeria’s energy sector gains momentum with a $550 million investment by TotalEnergies and NNPC for the Ubeta Gas Project, targeting 350 MMcf of gas and 10,000 barrels of liquids daily by 2027. The project includes clean energy features like a 5 MW solar plant and electrified drilling. NNPC also signed a deal with Golar LNG for a floating LNG facility in the Niger Delta to process up to 500 MMcf of gas daily, with production starting in 2027. These projects reflect Nigeria’s ongoing institutional and financial reforms.
Nigeria will host the new Africa Energy Bank (AEB) in Abuja, a $5 billion institution set to launch in 2025 to fund energy projects across Africa. This strengthens Nigeria’s leadership in the continent’s energy sector. With over 200 Tcf of gas and 37 billion barrels of oil, Nigeria is advancing energy access, industrial growth, and emission reduction. Key milestones include the commissioning of the Tetracore CNG facility and the NLNG Train 7 expansion, which will increase LNG capacity by 35%. Backed by reforms and investor interest, Nigeria aims to use AEW 2025 to showcase its gas monetization strategy and attract further investment.
