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    Home»Business»NLNG focused on strengthening Nigeria’s gas supply, industrial capacity ~ Falade
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    NLNG focused on strengthening Nigeria’s gas supply, industrial capacity ~ Falade

    adminBy adminJuly 31, 2026No Comments5 Mins Read
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    By Paul Williams

    Gas company NLNG says it is committed to enhancing Nigeria’s energy security, driving sustainable growth and delivering long‑term value through operational excellence, expanded production capacity and infrastructure development.

    Managing Director and Chief Executive Officer Engr. Adeleye Falade, during a media chat in Lagos, highlighted the significant progress the company has made in improving plant performance.

    Falade said the company’s operational utilisation has recovered considerably, with efforts underway to achieve and maintain world‑class operational levels.

    He said NLNG remains focused on safely delivering Train 7, strengthening domestic gas availability, supporting Nigeria’s industrialisation agenda and creating sustainable value for shareholders and the country.

    Train 7 is expected to increase NLNG’s production capacity by approximately 35 percent, from 22 million tonnes per annum (mtpa) to 30 mtpa, while significantly increasing liquefied petroleum gas (LPG) production for the domestic market.

    Falade described Train 7 as one of Africa’s largest LNG expansion projects, adding that the investment demonstrates NLNG’s confidence in Nigeria’s gas future and its commitment to supporting the country’s long‑term economic growth.

    “Train 7 represents much more than additional production capacity. It reflects our confidence in Nigeria’s gas potential and our commitment to creating long‑term value through increased exports, stronger domestic gas supply, Nigerian content development and economic growth,” he said.

    Falade noted that NLNG has generated over US$149.6 billion in revenue, paid more than US$47.2 billion in dividends to shareholders, and remitted over US$10.8 billion in taxes to the Federal Government since becoming tax compliant.

    The company has also built an asset base exceeding US$22.9 billion, loaded more than 6,285 LNG cargoes, and continues to supply over 500,000 tonnes of LPG annually to the Nigerian market. He said these milestones underscore NLNG’s enduring contribution to Nigeria’s economy, energy security and global competitiveness.

    Falade reiterated NLNG’s support for the Federal Government’s Decade of Gas initiative, adding that natural gas remains critical to industrialisation, economic diversification, energy security and Nigeria’s transition to a lower‑carbon future.

    He said the company’s growth strategy is centred on the successful delivery of the Train 7 project, which will increase NLNG’s production capacity by approximately 35 percent—from 22 million tonnes per annum (MTPA) to 30 MTPA—and increase LPG production by about 50 percent, adding an estimated 250,000 tonnes annually to the domestic market.

    “Train 7 represents more than additional production capacity. It is an investment in Nigeria’s future—creating jobs, strengthening our competitiveness and unlocking greater value from our vast gas resources. Our priority remains the safe delivery of the project while positioning NLNG for sustained growth,” he said.

    Falade further noted NLNG’s commitment to responsible environmental stewardship. He highlighted ongoing investments in emissions monitoring and reduction, conservation initiatives including the protection of Finima Nature Park, and continued collaboration with regulators on carbon capture and storage initiatives as part of the company’s broader decarbonisation journey.

    He highlighted the Bonny–Bodo Road project as one of Nigeria’s most significant corporate infrastructure investments, noting that it has provided the first road connection between Bonny Island and mainland Rivers State while unlocking new economic opportunities for surrounding communities.

    Addressing industry challenges, Falade acknowledged that feedgas availability remains a priority for the Nigerian gas sector but expressed confidence that ongoing collaboration with government, regulators and upstream partners, supported by recent reforms, will strengthen long‑term gas supply and underpin future growth.

    He added that despite increasing competition from emerging LNG producers, NLNG remains well positioned through operational excellence, reliable delivery, disciplined execution and continuous investment in its people and assets.

    He also called for greater focus on commercialising Nigeria’s vast gas resources, adding that the country’s competitive advantage depends not only on the size of its reserves but on its ability to convert those resources into lasting 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,” Falade said.

    Earlier, the General Manager, External Relations and Sustainable Development, Sophia Horsfall, said the annual Facts & Figures presentation reflects NLNG’s commitment to transparency, openness and constructive engagement with the media.

    She noted that providing timely access to credible information and business insights enables informed reporting and strengthens public understanding of the role natural gas plays in Nigeria’s economic development and energy future.

    “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 remains committed to deepening engagement with the media through timely information sharing, greater access to subject matter experts and opportunities for journalists to gain first‑hand insight into the company’s operations.

    NLNG’s Manager, Corporate Communication and Public Affairs, Anne‑Marie Palmer‑Ikuku, said the interactive session featured robust discussions on global LNG market dynamics, domestic gas utilisation, energy transition, sustainability, Train 7, Nigerian content and the future of Nigeria’s gas industry, reinforcing NLNG’s commitment to openness, collaboration and informed public discourse.

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    IGP Disu Seeks 200% Increase in Gratuity for Retired Police Officers

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