NLNG Reports $150bn Revenue and 6,000 LNG Exports

Nigeria LNG Limited (NLNG) has reported generating more than $150 billion in revenue and exporting over 6,000 liquefied natural gas cargoes globally since it began operations. The figures were disclosed by Mr. Adeleye Falade, the Managing Director and Chief Executive Officer, during his first media engagement on Tuesday in Lagos since taking office on April 1, 2026.

NLNG has paid over $47.2 billion in dividends to shareholders and remitted more than $10 billion in taxes to the Federal Government, establishing itself as a significant contributor to Nigeria's economy. The company operates six liquefaction trains with a production capacity of 22 million tonnes per annum at its Bonny Island facility, the largest industrial complex in Sub-Saharan Africa.

NLNG currently operates a fleet of 22 dedicated vessels and has plans for future expansions, including the completion of Train 7 and discussions for Trains 8, 9, and 10. The Federal Government holds a 49% stake in NLNG, making it the largest shareholder.