NCDMB's Oil and Gas Park to Launch in Q4 2026

The Nigerian Content Development and Monitoring Board (NCDMB) has confirmed that the Nigerian Oil and Gas Park Scheme (NOGAPS) located in Ogbia Local Government Area, Bayelsa State, is set to become operational in the fourth quarter of 2026. The park will include a 2.5 megawatt compressed natural gas (CNG) power plant, which is part of the infrastructure designed to provide reliable and sustainable electricity to support industrial operations within the park.

Dr. Obinna Ezeobi, the General Manager of Corporate Communications at NCDMB, stated that significant progress has been made during a recent assessment visit. The park aims to deepen Nigerian content in the oil and gas industry, creating approximately 2,000 employment opportunities upon full operation.

Mr. Olubisi Okunola, a representative from NCDMB, detailed the completion of critical facilities, including a manufacturing shop floor, water treatment plant, and residential accommodations. The project is expected to stimulate economic growth and reduce dependence on imported oil and gas components.