Natural Gas has unprecedented potential to impact positively on the economy of any nation that is endowed with it. As a fuel, it burns cleaner and has become the fuel of choice for power globally, especially in light of the global trend towards climate conservation and energy transition within the context of energy security. As feedstock, it can catalyse major industrial growth through fertlizer, petrochemicals and other related gas-based industries. Nigeria is presently ranked 9th globally in size of proven and probable natural gas reserves.