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Published June 15, 2026economyenergyindustry

Bayelsa oil, gas park progresses steadily

The Nigerian Oil and Gas Park Scheme in Bayelsa is progressing steadily, with a Q4 2026 operational target. This Bayelsa oil park will boost local content

Source-backed market reading focused on the local industrial developments, project signals, and operating consequences that are actually worth tracking.

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The Nigerian Oil and Gas Park Scheme in Emeyal-1, Ogbia Local Government Area of Bayelsa State, is moving closer to completion, with the Nigerian Content Development and Monitoring Board confirming that the facility is expected to become operational in the fourth quarter of 2026.

In a statement issued on Sunday, the board said it is working toward the set timeline and plans to install a 2.5-megawatt Compressed Natural Gas power plant at the park to support its take-off. “Towards the target date, the NCDMB is set to install a 2.5-megawatt Compressed Natural Gas power plant at the park,” the statement said.

According to the board, the installation of the power plant is a key requirement for operational readiness, as it will guarantee a stable and sustainable electricity supply for industrial activities within the park. The General Manager, Corporate Communications, Dr Obinna Ezeobi, provided this assurance following an assessment visit to the facility by senior officials of the board on Friday.

He noted that the inspection showed visible progress in critical infrastructure and support systems. He explained that the tour revealed significant advancement in infrastructure development aimed at positioning the park as a major industrial hub for Nigeria’s oil and gas sector.

The inspection also confirmed steady progress across key infrastructure and support systems designed to establish the facility as a major industrial hub for the country’s oil and gas industry. The NOGaPS project, according to the board, was conceived to deepen Nigerian content by creating a manufacturing base for oil and gas components, equipment and other inputs, while also generating employment opportunities.

“The Nigerian Oil and Gas Park Scheme was conceived to deepen Nigerian content by providing a conducive environment for the manufacturing of components, equipment and other inputs required by the oil and gas industry, while creating employment opportunities for over 2,000 persons when fully operational and stimulating economic growth,” the statement added.

Officials said several key facilities within the park have already been completed and are ready for use. These include manufacturing shop floors, a water treatment plant, accommodation facilities, classrooms, an amphitheatre, and residential apartments for trainers, facilitators and visiting guests.

The board also confirmed that alongside the planned CNG power plant, key power infrastructure such as switchgear buildings, transformers and heavy-duty generators have already been completed. “In addition to the CNG power plant, NCDMB has also completed key power infrastructure, including the switchgear building, transformers and heavy-duty generators,” it stated.

It was further disclosed that a contract has been awarded for sand-filling of ponds within the facility. After completion, six manufacturing sheds will be constructed on the reclaimed land for investors and service providers. The board said environmental maintenance activities, including landscaping and routine facility upkeep, are ongoing to preserve infrastructure and ensure readiness.

It added that work is focused on ensuring all supporting infrastructure and utilities required for seamless operations are in place ahead of the park’s planned operational date. When operational, the Oil and Gas Park Scheme is expected to serve as a strategic platform for the growth of indigenous manufacturing and service companies, reduce dependence on imported oil and gas components, create employment opportunities for Nigerians and strengthen local participation across the oil and gas value chain.

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Bayelsa oil, gas park progresses steadily

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Document: Punch Nigeria Business RSS · Source: Punch Nigeria Business RSS

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