H

THE PROJECT HERALD
The Intelligence Ledger of
Projects, Capital, Companies and Policy

Nigeria LNG Limited (NLNG)

Country
Nigeria
Sector
Oil & Gas
Intelligence Type
Corporate
Status / Stage
Expanding
Confidence
Confirmed

NLNG is one of the world’s largest LNG producers — JV of NNPC (49%), Shell (25.6%), TotalEnergies (15%) and Eni (10.4%). Operates 6 trains at Bonny Island (22 MTPA). Train 7 ($4.5bn, Saipem EPC) under construction — first LNG expected 2026-2027.

Company Profile

Company TypeJV — Government and IOC
HeadquartersPort Harcourt, Nigeria
Countries of OperationNigeria (Bonny Island); global LNG customers
Founded1989
Websitenlng.com
Parent CompanyNNPC (49%); Shell (25.6%); TotalEnergies (15%); Eni (10.4%)
Key ExecutivesPhilip Mshelbila (MD & CEO)
Employees~900
Revenue~$8bn (2024 estimate)

Key Developments

6 operational trains (22 MTPA). Train 7 ($4.5bn, Saipem EPC) under construction — first LNG delayed from 2025 to 2026-2027. NLNG is Nigeria's primary foreign exchange earner in the gas sector.

Key Risks

Train 7 delay. Gas feed supply reliability from upstream. LNG price volatility.

What Happens Next

Train 7 first LNG (2026-2027) — raises NLNG to 30 MTPA, one of the largest LNG facilities globally.

Commercial Opportunity Intelligence

Opportunity SignalTrain 7 completion would be the largest single addition to Nigeria's gas export capacity in 15 years.
Commercial ReadinessCommercially Active

Source & Verification Trail

Last VerifiedAugust 2026
Source(s)NLNG official; Saipem press releases; Africa Oil Gas Report
Source Date2021–2026