The Nigeria LNG Limited (NLNG) has reaffirmed its commitment to driving sustainable growth, strengthening Nigeria’s energy security and delivering long-term value through operational excellence, expansion of production capacity and strategic infrastructure development.

Speaking during an interactive session with media representatives in Lagos, the Managing Director and Chief Executive Officer of NLNG, Adeleye Falade, said the company is optimising efficiency across all aspects of its operations to remain profitable despite the challenges of Nigeria’s operating environment.

Falade disclosed that NLNG has recorded significant improvements in plant performance, with operational utilisation recovering considerably. He said the company is sustaining efforts to attain and maintain world-class operational efficiency while positioning itself for long-term growth.

According to him, NLNG remains focused on the safe delivery of its Train 7 project, expanding domestic gas availability, supporting Nigeria’s industrialisation agenda and creating sustainable value for shareholders and the nation.

He explained that Train 7, one of Africa’s largest liquefied natural gas expansion projects, is expected to increase the company’s production capacity by about 35 per cent, from 22 million tonnes per annum (mtpa) to 30 mtpa, while significantly boosting Liquefied Petroleum Gas (LPG) production for the domestic market.

Describing the project as a strong vote of confidence in Nigeria’s gas future, Falade said the investment underscores NLNG’s 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.

Highlighting the company’s achievements since commencing operations, Falade revealed that 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, exported more than 6,285 LNG cargoes, and continues to supply over 500,000 tonnes of LPG annually to the Nigerian market.

According to him, these milestones demonstrate NLNG’s enduring contribution to Nigeria’s economy, energy security and global competitiveness.

Reaffirming the company’s support for the Federal Government’s Decade of Gas initiative, Falade stressed that natural gas remains central to Nigeria’s industrialisation, economic diversification, energy security and transition to a lower-carbon future.

He noted that NLNG’s growth strategy is anchored on the successful completion of Train 7, which will not only increase LNG production capacity to 30 million tonnes per annum but also raise domestic LPG output by approximately 50 per cent, adding an estimated 250,000 tonnes annually to the local 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 stated.

On environmental sustainability, Falade reaffirmed the company’s commitment to responsible environmental stewardship, highlighting ongoing investments in emissions monitoring and reduction, conservation initiatives including the protection of the Finima Nature Park, as well as collaboration with regulators on carbon capture and storage initiatives as part of NLNG’s broader decarbonisation programme.

He also cited 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 opening up new economic opportunities for surrounding communities.

Addressing industry challenges, Falade acknowledged that feedgas availability remains a key concern for Nigeria’s gas sector but expressed confidence that sustained collaboration among government, regulators and upstream partners, supported by recent reforms, would improve long-term gas supply and support future growth.

Despite growing competition from emerging LNG-producing countries, he maintained that NLNG remains competitively positioned through operational excellence, reliable delivery, disciplined execution and continuous investment in its workforce and assets.

Falade also called for greater emphasis on commercialising Nigeria’s vast gas reserves, arguing that the country’s competitive advantage would ultimately depend not only on the size of its reserves but on its ability to convert those 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 annual Facts and Figures presentation reflects NLNG’s commitment to transparency, openness and constructive engagement with the media.

She noted that providing journalists with timely access to credible information and business insights promotes informed reporting and strengthens public understanding of the critical 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 the company remains committed to deepening its engagement with the media through timely information sharing, greater access to subject matter experts and opportunities for journalists to gain first-hand insight into NLNG’s operations.

The interactive session featured extensive discussions on global LNG market dynamics, domestic gas utilisation, energy transition, sustainability, the Train 7 project, Nigerian Content development and the future of Nigeria’s gas industry, reinforcing NLNG’s commitment to transparency, collaboration and informed public discourse.