Nigeria Flared 77 Bcf Gas Amid Rising LPG Prices

Nigeria flared about 76.92 billion standard cubic feet of gas from January to May 2026, according to data from the Nigerian Upstream Petroleum Regulatory Commission. This flaring occurred despite rising liquefied petroleum gas (LPG) prices, which have surged to an average of N2,400 per kilogram recently.

The report indicated that in January, 17.17 million standard cubic feet of gas was flared, representing 7.10% of total gas production for that month. The flaring volume decreased in February to 14.09 million standard cubic feet, accounting for 6.44% of output.

March saw a slight increase in flaring to 15.58 million standard cubic feet, while April's flaring volume was 14.52 million standard cubic feet. The average daily flaring rate in May was 0.57 billion cubic feet, translating to approximately 15.58 billion standard cubic feet for the month.

The Nigerian government has pledged to end routine gas flaring by 2030 as part of its climate commitments, with plans to commercialize flared gas by converting it into viable products.