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
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
