Key Takeaways:
As of December 2024, the price for 5kg cooking gas varies from ₦6,000 to ₦8,100 throughout different states in Nigeria. This highlights the considerable regional differences in cooking gas prices across the country. In December 2024, Taraba State (₦8,074.41) reported the highest average price for 5kg cooking gas, followed closely by Lagos State and Benue State, which have average prices of ₦7,910.71 and ₦7,900, respectively.
The average price of 5kg cooking gas in Oyo State is ₦7,092.5, while in Abuja, the Federal Capital Territory, it is ₦7,200. The states with the lowest average costs for 5kg cooking gas include Delta (₦6,455), Ondo (₦6,683.33), and Zamfara (₦6,778.57).
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.
