- Tinubu urged NLNG to cut gas flaring and increase domestic gas utilisation to improve energy access.
- NLNG plans to raise output by 35% with Train 7 while expanding LPG supply to Nigeria.
President Bola Ahmed Tinubu has called on Nigeria LNG Limited (NLNG) to reduce gas flaring and increase the use of Nigeria’s gas resources for domestic development.
Tinubu made the call on Wednesday, August 26 2026, at the State House in Abuja. He spoke when the NLNG board, led by its Managing Director and Chief Executive Officer, Adeleye Falade, briefed him on the company’s operations. The President praised NLNG for improving its performance and delivering returns to its shareholders. However, he said the company must do more to expand domestic gas utilisation.
Tinubu said Nigeria could turn gas flaring from an environmental problem into an economic opportunity. He also stressed the need to make energy more accessible to Nigerians. He said the country’s natural resources would have little impact if Nigeria failed to bring them into productive use.
Tinubu also pledged government support for investments that could help NLNG expand its operations and unlock more value from its gas resources.
Falade told the President that NLNG had generated more than $150 billion since it began operations. He said shareholders had received about $47 billion in dividends. The Federal Government owns a 49 per cent stake in the company. According to Falade, NLNG previously operated at about 60 per cent capacity. Limited crude oil production restricted the company to four of its six production trains.
However, higher crude output has allowed NLNG to increase operations to five trains. Falade said the company expects further improvements as production in the upstream sector grows.
NLNG also plans to bring its seventh production train into operation. The project is expected to raise the company’s capacity by about 35 per cent. The company currently supplies about five per cent of the global LNG market. Falade said NLNG also directs all of its liquefied petroleum gas, commonly known as cooking gas, to the Nigerian market.
The company’s increased output could therefore support both export earnings and domestic energy supply. Greater local availability of LPG could also help households and businesses reduce their dependence on other cooking fuels.
Falade said shareholders had also welcomed improvements in Nigeria’s fiscal environment. He added that greater stability could support new investment in the oil and gas industry. He credited security agencies and sector regulators with helping to improve operating conditions for energy companies.
Beyond its gas operations, NLNG has completed construction of the Bonny-Bodo Road and Bridge project. The company financed the project, which is now awaiting official commissioning.
The meeting comes as the Federal Government seeks to increase the economic value of Nigeria’s gas reserves. For NLNG, the challenge now extends beyond higher LNG production to how much of the country’s gas can support domestic energy needs while the company expands its international market position.