started · updated
Nigeria LNG reports $149.6bn revenue and expands capacity with Train 7
Nigeria LNG Limited (NLNG) disclosed that it has generated US$149.6 billion in revenue since operations began and has paid US$10.8 billion in taxes to the Federal Government, along with US$47.2 billion in dividends to shareholders. The company operates six liquefaction trains and contributes about 6 % of global LNG supply.
The ongoing Train 7 expansion is 93 % complete and will raise LNG production capacity by 35 % to 30 million tonnes per annum and increase LPG output by roughly 50 %, adding about 250,000 tonnes per year for the domestic market. NLNG has already supplied a record 500,000 tonnes of LPG to Nigeria in 2025 and says its gas‑utilisation model has cut gas flaring from about 65 % to below 20 %.
Management also confirmed exploratory work on further trains (8, 9 and 10) as part of a long‑term growth strategy, reinforcing Nigeria’s role as a major LNG exporter and supporting domestic energy security.
Entities
Adeleye Falade · Bonny Island · Engr. Adeleye Falade · Federal Government of Nigeria · Nigeria LNG Limited · Train 7
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 7 SOURCES] NLNG has paid US$47.2 billion in dividends to its shareholders. citybusinessnews.com · orientalnewsng.com · championnews.com.ng · www.worldstagenews.com · bizwatchnigeria.ng · +2 more
- [● 7 SOURCES] NLNG has generated US$149.6 billion in revenue since its inception. citybusinessnews.com · orientalnewsng.com · championnews.com.ng · www.worldstagenews.com · bizwatchnigeria.ng · +2 more
- [● 7 SOURCES] NLNG has paid US$10.8 billion in taxes to the Nigerian federal government since 2009. citybusinessnews.com · orientalnewsng.com · championnews.com.ng · www.worldstagenews.com · bizwatchnigeria.ng · +2 more
- [● 7 SOURCES] NLNG is undertaking exploratory discussions on developing Trains 8, 9 and 10. citybusinessnews.com · orientalnewsng.com · championnews.com.ng · www.worldstagenews.com · bizwatchnigeria.ng · +2 more
- [● 7 SOURCES] NLNG has delivered over 6,285 LNG cargoes to international markets. citybusinessnews.com · orientalnewsng.com · championnews.com.ng · www.worldstagenews.com · bizwatchnigeria.ng · +2 more
- [● 7 SOURCES] Train 7 is about 93 % complete and will increase LNG production capacity by 35 % to 30 million tonnes per year. citybusinessnews.com · orientalnewsng.com · championnews.com.ng · www.worldstagenews.com · bizwatchnigeria.ng · +2 more
- [● 7 SOURCES] NLNG contributes about 6 % of global LNG supply. citybusinessnews.com · orientalnewsng.com · championnews.com.ng · www.worldstagenews.com · bizwatchnigeria.ng · +2 more
- [● 7 SOURCES] Train 7 will boost LPG production by about 50 % adding roughly 250,000 tonnes per year. championnews.com.ng · citybusinessnews.com · orientalnewsng.com · www.worldstagenews.com · bizwatchnigeria.ng · +2 more