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ABUJA – Nigeria LNG Limited (NLNG) has reaffirmed its commitment to strengthening Nigeria’s energy security and driving sustainable economic growth, saying its ongoing Train 7 expansion project will increase the company’s liquefied natural gas production capacity by 35 percent while significantly boosting domestic cooking gas supply.
Speaking during the company’s annual media engagement, the Managing Director and Chief Executive Officer, Engr. Adeleye Falade, said the multi-billion-dollar Train 7 project remains central to NLNG’s long-term growth strategy and aligns with the Federal Government’s Decade of Gas initiative.
According to Falade, the project will raise NLNG’s production capacity from 22 million tons per annum (mtpa) to 30 million tons per annum and increase Liquefied Petroleum Gas (LPG) production by about 50 percent, adding an estimated 250,000 tons annually to the domestic market.
He described Train 7 as one of Africa’s largest LNG expansion projects, noting that it demonstrates the company’s confidence in Nigeria’s gas potential and commitment to long-term economic development. “Train 7 represents much more than additional production capacity.
It reflects our confidence in Nigeria’s gas potential and our commitment to creating longterm value through increased exports, stronger domestic gas supply, Nigerian Content development and economic growth,” Falade said.
He disclosed that NLNG has also recorded significant improvements in plant performance, with operational utilisation recovering considerably as the company continues efforts to attain world-class operational efficiency.
Falade said NLNG remains focused on the safe delivery of Train 7, improving domestic gas availability, supporting Nigeria’s industrialisation agenda and creating sustainable value for shareholders and the country.
Highlighting the company’s contributions since it commenced operations, he said NLNG has generated more than US$149.6 billion in revenue, paid over US$47.2 billion in dividends to shareholders and remitted more than US$10.8 billion in taxes to the Federal Government since becoming tax compliant.
He added that the company has built an asset base exceeding US$22.9 billion, loaded more than 6,285 LNG cargoes, and continues to supply over 500,000 tons of LPG annually to the Nigerian market. According to him, the milestones underscore NLNG’s contribution to Nigeria’s economy, energy security and global competitiveness.
Falade also reaffirmed the company’s commitment to environmental sustainability, saying NLNG is investing in emissions monitoring and reduction, conservation programmes, including the protection of the Finima Nature Park, and collaborating with regulators on carbon capture and storage initiatives as part of its decarbonisation strategy.
He cited the Bonny-Bodo Road Project as one of Nigeria’s most significant corporate infrastructure investments, noting that it has provided the first road link between Bonny Island and mainland Rivers State while opening up new economic opportunities for surrounding communities.
On industry challenges, Falade acknowledged that feed gas availability remains a critical issue for Nigeria’s gas sector but expressed optimism that ongoing collaboration among government, regulators and upstream operators, backed by recent reforms, would improve long-term gas supply.
Despite growing competition from emerging LNG-producing countries, he said NLNG remains competitive through operational excellence, disciplined execution, reliable delivery and continuous investment in its workforce and assets.
Falade called for greater efforts to commercialise Nigeria’s vast gas reserves, stressing that the country’s success would depend on its ability to translate its abundant resources into sustainable economic value.
“Nigeria possesses one of the world’s largest gas reserves. Our collective responsibility is to monetise that resource responsibly and sustainably, creating jobs, expanding energy access, driving industrialisation and improving lives for generations to come,” he said.
Earlier, the General Manager, External Relations and Sustainable Development, Sophia Horsfall, said the company’s annual Facts and Figures presentation reflects NLNG’s commitment to transparency and constructive engagement with the media.
She said timely access to credible information and business insights would enhance public understanding of the role of natural gas in Nigeria’s economic development.
“Today’s engagement is not simply about sharing statistics. It is about providing context that enables better understanding of NLNG’s business, our contribution to Nigeria’s economy, and the strategic role natural gas continues to play in supporting sustainable development,” Horsfall said.
She added that NLNG would continue to deepen engagement with journalists through improved access to information, subject matter experts and opportunities for first-hand understanding of the company’s operations.
The interactive session featured discussions on global LNG market trends, domestic gas utilisation, energy transition, sustainability, Nigerian content and the future of Nigeria’s gas industry.
