(Ecofin Agency) - The Nigerian National Petroleum Corporation aims to more than triple Nigeria’s gas supply by 2020, reveals a statement reported by Reuters.

The corporation has indeed revealed that, in collaboration with some of its partners, it has identified seven projects which will help boost domestic gas supply from 1.3 billion standard cubic feet per day (bscf/d) to 5 bscf/d.

Among identified projects are the Assa North-Ohaji South gas field, OML 24 and Chevron Nigeria’s OML 49 Makaraba.

“Alternative funding through third party financing option would be adopted to facilitate execution of these vital projects,” said NNPC’s group managing director, Maikantu Baru, in the statement.  

Worldwide, Nigeria has the ninth largest proven gas reserves, at 187 trillion cubic feet (tcf).