International
Iran Makes World’s Largest Holders Of Natural Gas List
Iran Makes World’s Largest Holders Of Natural Gas List
Iran makes world’s largest holders of natural gas list. Russia and Iran are two of the world’s largest holders of natural gas.
Russia ranks number one, with 47.8 trillion cubic meters of natural gas, while Iran comes second, holding 33.8 trillion cubic meters. At first glance, it seems obvious that Russia’s gas would be more valuable due to its larger volume.
However, when estimating monetary worth, experts claim Iran’s gas is far more valuable, ranging between 5 to 10 trillion US dollars, compared to Russia’s estimated 1.5 trillion US dollars. This contrast shows that total reserves alone do not determine economic value.
One of the main reasons Iran’s gas is considered more valuable is the price assumptions used in valuation. Iran’s gas estimates often factor in higher international market prices, particularly during global energy crises when natural gas demand surges. On the other hand, Russia’s worth is often calculated based on long-term contracts and domestic pricing, which tend to be lower than peak global spot prices. This makes Iran’s gas appear more valuable per cubic meter despite having smaller reserves.
Another important factor is extraction and infrastructure costs. Iran’s gas is concentrated in the South Pars/North Dome field, one of the world’s largest and most accessible gas fields. Its concentrated nature makes extraction cheaper and more efficient, which increases the overall economic value.
In contrast, Russia’s reserves are spread across remote regions of Siberia and the Arctic, where extraction and transportation are extremely costly. High logistical costs reduce the net value of Russia’s gas in financial terms.
Gas quality and export potential also play a major role. Iran’s gas is high-quality, methane-rich, making it ideal for conversion into liquefied natural gas for export. Its clean-burning properties and ease of liquefaction increase its market attractiveness. Russia’s gas, although abundant, is harder to transport over long distances due to geographic challenges, reducing its relative worth despite larger reserves.

Iran Makes World’s Largest Holders Of Natural Gas List
Finally, geopolitical and economic contexts influence valuation. Iran’s gas fields are strategically positioned near energy-hungry regions like Europe and Asia, potentially increasing their market value during supply shortages. Russia, while a major exporter, faces pricing pressures and sanctions that can limit the full monetized value of its reserves. Additionally, Iran’s gas is sometimes valued higher during global crises when buyers are willing to pay premiums for secure supplies.
In conclusion, while Russia leads in volume, Iran’s natural gas is often considered more valuable due to higher assumed market prices, lower extraction costs, high-quality reserves, and strategic positioning. This explains why experts estimate Iran’s gas worth at 5 to 10 trillion US dollars, far above Russia’s 1.5 trillion, despite having smaller reserves.
The comparison shows that reserve size alone does not dictate economic value; accessibility, quality, and market conditions are equally important.
International
2026 GFP Report: Nigeria’s Navy Ranked Strongest In Africa, 22nd Globally
2026 GFP Report: Nigeria’s Navy Ranked Strongest In Africa, 22nd Globally
2026 GFP Report: Nigeria’s Navy ranked strongest in Africa, 22nd globally. The Nigerian naval fleet has been ranked the strongest in Africa, according to a 2026 Global Firepower (GFP) report.
The ranking is based on each country’s conventional war-fighting capability across land, sea, and air.
Nigeria shares maritime boundaries with the Republic of Benin, Cameroon, Equatorial Guinea, Ghana, and Sao Tome and Principe, all located in the Gulf of Guinea, along an estimated 853 km coastline.
The waters also cover Nigeria’s exclusive economic zone (EEZ), which extends 220 nautical miles offshore and contains resources such as oil and aquatic life.
However, piracy and disputes remain persistent challenges.
Patrol boats, numbering 132, make up the bulk of the country’s 152 naval assets. The fleet is also credited with two mine warfare ships and one frigate.
Mine warfare can be deployed to deny access to strategic waterways or support siege-type operations around harbours and ports, while frigates have deep-water capabilities and can support rotorcraft.
The patrol boats consist of offshore patrol vessels, gunboats, missile boats, and fast-attack craft, designed for shallow-water operations.
The GFP report noted that Nigeria lacks aircraft carriers, submarines, corvettes, and destroyers.
Globally, the country was ranked 22nd.
In overall military strength, Nigeria was ranked third in Africa, behind Egypt and Algeria, and 33rd of 145 countries considered in the annual GFP review.

Navy Arrests
EGYPT, ALGERIA BEHIND NIGERIA IN NAVAL STRENGTH
Egypt was ranked Africa’s strongest military, followed by Algeria.
However, in terms of naval strength, Egypt was ranked second in Africa with 149 vessels and 23rd globally.
Algeria came in third place on the continent with 111 vessels and was ranked 34th globally.
Morocco and South Africa, operating 100 and 63 vessels, respectively, ranked fourth and fifth in Africa.
Tunisia, with 37 vessels, came sixth. Mozambique was seventh with 36 vessels, and Angola ranked eighth with 32 vessels.
Kenya and Eritrea occupied the ninth and 10th positions in Africa with 27 and 23 units.
International
President Tinubu Cooperating With American Troops To Eliminate Terrorists In West Africa, Says U.S. General
President Tinubu Cooperating With American Troops To Eliminate Terrorists In West Africa, Says U.S. General
President Tinubu cooperating with American troops to eliminate terrorists in West Africa, says U.S. General. Mr Anderson said he had a meeting with Mr Tinubu in Rome last year, during which they both agreed “to work together.”
United States General Dagvin R.M Anderson has said that President Bola Tinubu’s administration is working closely with American forces to eliminate terrorists in the West African region.
Mr Anderson, the commander of Africa Command (AFRICOM), said Nigeria was a shining example among other African nations leveraging the U.S. sophisticated arsenal and “unique capabilities” in intelligence-gathering to exterminate the Boko Haram and ISWAP insurgents.
The U.S. general made the statement at a digital press briefing on Tuesday when asked about AFRICOM’s counterterrorism efforts in African partner countries. He said the command wanted to expand operations in West Africa, using Nigeria as a case study.
“We’re looking at working in the west. I think a great example of that is the partnership we’ve had with Nigeria,” Mr Anderson said.
“I’d like to highlight that our partnership with Nigeria is a great example of a very willing and capable partner who requested the unique capabilities that only the U.S. can bring—with some of the ISR, some of the intelligence fusion—to bring that to bear together,” the general added.
Mr Anderson said he had a meeting with Mr Tinubu in Rome last year, during which they both agreed “to work together.”
He said the outcome of the meeting led to “increased collaboration between our nations, to include a small U.S. team that brings some unique capabilities from the United States in order to augment what Nigeria has been doing for several years.”

Boko Haram
Last month, Nigeria took delivery of heavy artillery from the U.S. government as a token of Washington’s support in the fight against terrorists.
Last year, President Donald Trumpdesignated Nigeria a country of particular concern over alleged Christian genocide and on December 25, 2025, the U.S. leader bombed major sections of Sokoto State as a symbolic “Christmas present” against Islamic extremists, he said in a statement.
Despite the airstrikes, armed groups have intensified attacks in parts of Northern Nigeria, particularly targeting vulnerable Christian communities.
Crime
EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video
EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video
EFCC arrests Kannywood Star, Samha Inuwa for alleged naira mutilation in viral video. The Kano Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, February 3, 2026 arrested a Kannywood Star, Samha Inuwa over alleged Naira mutilation.
Inuwa was arrested following a viral video circulated on social media platforms where she was seen conspicuously cleaning mucus from her nose using Naira notes.

EFCC
Following the release of the viral video, the Commission swung into action by tracing and subsequently arrested her to answer questions.
She is currently being held at the Commission’s detention facility while investigation is ongoing.
The suspect will be charged to court upon conclusion of investigations.
Dele Oyewale
Head, Media & Publicity
February 3, 2026
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