Nigeria LNG Limited (NLNG) has reaffirmed its commitment to enhancing Nigeria’s energy security and supporting sustainable economic development, announcing that its ongoing Train 7 expansion project will increase liquefied natural gas (LNG) production capacity by 35 percent while significantly expanding the supply of cooking gas to the domestic market.

The company disclosed its annual media engagement, where its Managing Director and Chief Executive Officer, Engr. Adeleye Falade, described the multi-billion-dollar Train 7 project as a key pillar of NLNG’s long-term growth strategy and a major contributor to the Federal Government’s Decade of Gas initiative.

Falade explained that the expansion will increase NLNG’s production capacity from 22 million tons per annum (mtpa) to 30 million tons per annum. He added that Liquefied Petroleum Gas (LPG) production would rise by approximately 50 percent, delivering an estimated additional 250,000 tons annually into Nigeria’s domestic market.

Describing Train 7 as one of Africa’s largest LNG expansion projects, Falade said the development reflects NLNG’s confidence in the country’s gas resources and its long-term commitment to national economic advancement.

“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.

The NLNG chief also disclosed that the company has recorded notable improvements in plant performance, with operational utilisation recovering significantly as it continues pursuing world-class operational efficiency.

According to him, NLNG remains committed to ensuring the safe completion of Train 7 while improving domestic gas availability, supporting Nigeria’s industrialisation drive and delivering sustainable value to both shareholders and the nation.

Reviewing the company’s performance since operations began, Falade 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 further revealed that NLNG has built an asset base exceeding US$22.9 billion, shipped more than 6,285 LNG cargoes, and continues supplying over 500,000 tons of LPG annually to the Nigerian market. He said these achievements demonstrate the company’s contribution to Nigeria’s economy, energy security and international competitiveness.

Falade reaffirmed NLNG’s commitment to environmental sustainability, noting that the company is investing in emissions monitoring and reduction programmes, conservation initiatives including the protection of the Finima Nature Park, and working with regulators on carbon capture and storage projects as part of its broader decarbonisation strategy.

He also highlighted the Bonny-Bodo Road Project as one of Nigeria’s most significant corporate infrastructure investments, stating that it has established the first road connection between Bonny Island and mainland Rivers State while unlocking new economic opportunities for neighbouring communities.

Addressing challenges facing the industry, Falade acknowledged that feed gas availability remains a major concern for Nigeria’s gas sector. However, he expressed confidence that sustained collaboration among government, regulators and upstream operators, alongside recent reforms, would strengthen long-term gas supply.

Despite increasing competition from emerging LNG-producing countries, he maintained that NLNG continues to retain its competitive position through operational excellence, disciplined project execution, dependable delivery and continued investment in its people and assets.

Falade urged stakeholders to intensify efforts toward commercialising Nigeria’s vast natural gas resources, stressing that the country’s future prosperity depends on transforming those reserves into lasting economic benefits.

“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, NLNG’s General Manager, External Relations and Sustainable Development, Sophia Horsfall, said the company’s annual Facts and Figures presentation demonstrates its commitment to transparency and constructive engagement with the media.

She noted that providing timely access to reliable information and business insights would improve public understanding of natural gas and its contribution to 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 strengthening its relationship with journalists by improving access to information, subject matter experts and opportunities for firsthand insight into the company’s operations.

The interactive session featured discussions covering global LNG market trends, domestic gas utilisation, energy transition, sustainability, Nigerian content and the future of Nigeria’s gas industry.

Source: Independent Newspapers Nigeria.