Nigeria’s upstream oil and gas sector stands at a critical turning point. With the signing of the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025 by President Bola Ahmed Tinubu, the message is clear: cost efficiency isn’t optional anymore—it’s financially rewarded.
This landmark policy rewards operators who can reduce their unit operating costs below terrain-specific benchmarks, offering tax credits of up to 20% of their total tax liability. By tying these incentives directly to measurable savings, Nigeria is aligning its upstream sector with global standards, while ensuring that every barrel of oil extracted delivers maximum value to the nation.
For years, the upstream sector has grappled with high operating costs, driven by project delays, complex logistics, and regulatory hurdles. Now, operators have a chance to flip the script, and Gasavant Africa is here to help.
At Gasavant Africa, we understand that cost savings can’t be achieved on paper alone. It takes real, practical solutions deployed in the field, solutions that reduce energy costs, improve reliability, and accelerate timelines.
Here’s how we’re supporting upstream operators to turn this Presidential Order into a competitive advantage and seize this opportunity with innovative gas-to-power solutions:
Cutting Energy Costs with Gas-to-Power
Energy is often the single biggest expense in upstream operations. Our modular gas-to-power units (20–3000 kW), fueled by CNG, LNG, and LPG, can slash diesel dependency by up to 50%, delivering annual fuel cost savings of 30–40%. Cleaner, more stable power doesn’t just save money, it minimizes equipment wear and tear, supporting Nigeria’s broader decarbonization goals.
Accelerating Project Timelines
Delays are costly. That’s why our solutions are designed for speed. We offer rapidly deployable gas power units, backed by dedicated logistics that keep fuel flowing no matter what. Local fabrication partnerships ensure compliance with Nigerian Content policies and eliminate regulatory bottlenecks, so you can meet NUPRC benchmarks without stress.
Proving Efficiency with Data
The 2025 Order makes it clear: you must demonstrate your cost savings to qualify for tax credits. Our advanced monitoring systems deliver real-time data on gas usage and energy efficiency, generating transparent reports that meet NUPRC standards. We make it easy for you to show your savings—accurately and verifiably.
The Presidential Order is more than policy—it’s a call to rethink how Nigeria’s upstream sector operates. At Gasavant Africa, we believe the future is efficient, agile, and gas-powered. With our reliable solutions and local expertise, you can cut costs, streamline operations, and lead the charge towards a more sustainable and competitive oil and gas sector.
Ready to unlock your tax credits and achieve lasting savings? Let’s make it happen. Connect with us at connect@gasavant-africa.com to explore how Gasavant Africa can power your upstream operations.
