NMDPRA Raises Domestic Gas Price to $2.18/MMBtu Effective April 1
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced an increase in the Domestic Base Price of natural gas to $2.18 per MMBtu, effective April 1, 2026.
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The new price marks a marginal rise from the 2025 rate of $2.13/MMBtu for power generation companies, representing an increase of five cents or about 2.35 per cent.
In a statement issued on Tuesday, the authority said the adjustment was made in line with the provisions of the Petroleum Industry Act, prevailing market realities, and the gazetted Gas Pricing and Domestic Demand Regulations.
“Taking into cognisance the provisions of the Petroleum Industry Act, market realities, as well as the gazetted Gas Pricing and Domestic Demand Regulations, the NMDPRA hereby establishes the new Domestic Base Price as $2.18/MMBtu,” the regulator stated.
The pricing applies to gas supplied to key sectors, including power generation and industries. The authority also announced that commercial users will now pay $2.68/MMBtu, up from $2.63/MMBtu in 2025.
According to the regulator, the adjustment is aimed at ensuring adequate gas supply to the domestic market while maintaining investor confidence and aligning with existing regulatory frameworks.
The Domestic Base Price represents the minimum rate at which natural gas can be sold within Nigeria’s domestic market and is expected to guide pricing and supply dynamics going forward.
Analysts note that the increase could have implications for the power sector, which relies on gas for more than 70 per cent of electricity generation in the country.
Further details are expected to be released by the authority.
NMDPRA Raises Domestic Gas Price to $2.18/MMBtu Effective April 1