The Nigeria Gas Company has hinted that gas supply to power plants will increase to 800 million standard cubit feet by the end of 2016 through a “willing-buyer-willing-seller” basis, This Day reports.

The Managing Director of NGC, Mr. Dafe Sejebor, said this at the just concluded Society of Petroleum Engineers (SPE) 2015 Conference and Exhibition in Lagos.

The NGC has also urged the government to implement the $2.50 for the price of gas which will helps gas suppliers break even in the market.

The success of increased gas supply to power plants, according to Sejebor also depends on the adequate implementation of the regulatory frame work for the commercial side of the sector.