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
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
