Key Takeaways:
As of December 2024, the cost of 12.5kg cooking gas ranged from ₦15,000 to ₦20,300 across various states in Nigeria. This illustrates the significant regional price disparities in cooking gas supply nationwide. Taraba State (₦20,290.75) had the highest average price for 12.5kg cooking gas in December 2024, followed closely by Yobe State and Rivers State, with average prices of ₦19,000 and ₦18,710.94, respectively.
The average cost of 12.5kg cooking gas in Lagos State is ₦17,846.15, while in Abuja, the Federal Capital Territory of Nigeria, it stands at ₦16,130. The states with the lowest average prices for 12.5kg cooking gas include Kebbi, Nasarawa, and Kwara, averaging ₦15,733.33, ₦15,875, and ₦16,109.38, respectively.
The United States dominates global natural gas production in 2024, contributing 1.03 trillion cubic metres (Tcm), nearly one-quarter of the world’s total.
Russia (0.63Tcm) and Iran (0.26Tcm) follow as the second and third largest producers.
China (0.25Tcm) and Canada (0.19Tcm) also feature strongly, rounding out the top five producers.
Collectively, these top five countries account for more than 50% of global production.
Emerging producers like Nigeria, Egypt, and Azerbaijan contribute significantly to the supply but remain far behind the leading nations.