In April 2025, Nigeria’s Liquefied Natural Gas (LNG) exports hit 83,370 million standard cubic feet (mmscf), which is the highest achieved in the last 15 months.

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The massive increase in exports is being driven by renewed international demand for gas in Asia, Europe, and some other parts of the world.

As at January 2025, Nigeria holds substantial natural gas reserves estimated at 210.54 trillion cubic feet (Tcf).

Looking forward in the medium to long term, nascent projects such as the Trans-Saharan Gas Pipeline and the Nigeria-Morocco Gas Pipeline, could further raise the country’s exports to international markets.

Nigeria LNG Limited (NLNG) was incorporated 17 May 1989 to exploit Nigeria’s natural gas resources in order to produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for export, thereby reducing gas flaring/diversifying the economy.

The company is owned by four shareholders:

Federal Government of Nigeria represented by Nigerian National Petroleum Corporation Limited: 49%
Shell: 25.6%
TotalEnergies Gaz & Électricité Holdings France: 15%
Eni: 10.4%

NLNG also has 2 subsidiaries: Bonny Gas Transport (BGT) Limited and NLNG Ship Management Limited (NSML).

Last updated on June 7th, 2025 at 10:06 am