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The Nigerian LNG plans to launch its $10 billion Train 7 expansion project on Bonny Island by the end of 2027, Managing Director Adeleye Falade announced at the Gastech conference in Bangkok.
The project will boost the plant’s total export capacity from 22 million to 30 million metric tonnes per year.
Repeated global disruptions, including the COVID-19 pandemic and the war in Ukraine, previously delayed the facility’s construction timeline.
The company continues to operate under a force majeure declaration following severe domestic flooding in 2022.
Falade noted that NLNG currently operates at 82 per cent to 83 per cent capacity and must reach 90 per cent utilisation before lifting the measure.
Limited feed-gas supply remains the primary operational bottleneck, prompting executive collaboration with government leaders and domestic energy partners to increase raw gas deliveries to the plant.
Rising Middle East geopolitical tensions have simultaneously driven fresh global demand for Nigerian gas.
As the war involving Iran curtails fuel shipments through the Strait of Hormuz, international buyers are actively seeking alternative energy sources.
Falade confirmed that NLNG will focus on fulfilling existing long-term buyer contracts while maximising production capacity to capture emerging spot-market opportunities.
