NLNG strikes while the iron's hot
Plans are finally in motion to expand Nigeria's LNG export capacity
What better time to ask financial markets to stump up almost $12bn for the long-delayed expansion of the Nigeria LNG (NLNG) export facility and securing its gas supply than just after the company fully repaid $5.45bn of shareholder loans taken out pay for the existing six trains? That was the message underpinning NLNG's presentation to financial institutions and other stakeholders in the City of London in mid-July, at which its chief executive Tony Attah went to pains to stress the company's excellent track record of loan repayments to international lenders over the two decades since the project's inception. The company wants to raise almost $7bn to cover the cost of the construction of Trai
Also in this section
9 January 2026
OPEC+ remains on track as output falls, with only Gabon failing to hit its output targets in December, although Kazakhstan’s compliance was involuntary
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
