ABSTRACT
Natural gas is associated gas produced from underground accumulations and consists largely of methane (CH4) and other light hydrocarbons. It has been used commercially as a fuel for centuries in America and China. According to USEIA, improved technology such as horizontal drilling allows economic production of resources in deep water and unconventional resources. Horizontal drilling is found to be the fast method used to produce natural gas from geologic formations. Due to the variety of natural gas constituents, it finds wide application either as an energy source or as feedstock to the chemical and petrochemical industries. Literature shows that vast amount of these gas are being used by few of our chemical industries. The only way-out for harnessing the nation's natural gas is to encourage the establishment of gas-based petrochemical complexes that can consume large volume needed to eliminate gas flaring. Nigeria can make steady foreign exchange earnings on the long term by properly harnessing their natural gas through establishing a gas based petrochemical industries.
