The Nigerian National Petroleum Company Limited has welcomed the $800 million Final Investment Decision on the Ima Gas Project, describing the investment as a major vote of confidence in Nigeria’s upstream gas sector.
The project, located offshore within OMLs 112 and 117, is being developed by AMNI International in partnership with TotalEnergies.
At peak production, Ima is expected to deliver approximately 300 million standard cubic feet of gas per day.
The output will provide critical feedgas to Nigeria LNG Limited as the company expands production capacity through its Train 7 project. Pasted markdown
Project Supports NLNG Train 7
Train 7 is expected to increase NLNG’s production capacity at Bonny Island from 22 million tonnes per annum to 30 million tonnes annually.
That expansion requires reliable gas supply from upstream projects.
NNPC said the Ima investment was supported by presidential directives introduced in 2024, which provided fiscal incentives for non-associated gas projects, streamlined contracting processes and reduced development costs.
Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, described the FID as “a decisive vote of confidence in Nigeria’s gas sector and in the bold reforms” that created more competitive investment conditions. Pasted markdown
NNPC Sees Model for Future Projects
NNPC also highlighted the structure behind the investment.
The company said cooperation between indigenous operator AMNI, international energy company TotalEnergies and Nigerian financial institutions could provide a template for future developments.
That combination brings together domestic operational participation, international technical capability and local capital.
NNPC said it would continue working with government, regulators and industry partners to maintain investment momentum and deploy Nigeria’s gas resources for industrialisation, employment and longer-term economic growth.
For Nigeria, successful delivery of Ima will be important not only because of the project’s investment value but because adequate feedgas remains essential to maximising the country’s LNG infrastructure.
