NNPC highlights $800 million FID on Ima gas project
Published · Updated
What happened
NNPC publicly announced that the Ima gas project had reached a final investment decision valued at $800 million. The company said the project, led by TotalEnergies EP Nigeria and AMNI, will target about 300 million standard cubic feet of gas per day at peak and feed Nigeria LNG Train 7.
Why it matters
A final investment decision converts an upstream project from plan to funded execution, giving a firmer signal on future gas supply than earlier memoranda or policy statements. The project ties Nigeria’s offshore gas development to LNG feedgas availability and to investor views on whether the country can move projects to sanction under its current regulatory framework.
NNPC on September 25 publicly presented the final investment decision on the Ima gas project as evidence that Nigeria’s upstream gas reforms are attracting capital. The offshore project is led by TotalEnergies EP Nigeria and AMNI in OMLs 112 and 117, with expected peak output of about 300 million standard cubic feet of gas per day. NNPC said the project is intended to supply Nigeria LNG’s Train 7, linking the announcement to domestic gas monetisation and LNG export capacity.
Watch for
TotalEnergies EP Nigeria publication of a project note, contractor notice, or procurement update on Ima by 2026-09-29 Nigeria LNG confirmation by 2026-09-29 that Ima volumes are incorporated into Train 7 feedgas planning NUPRC filing, approval notice, or field development plan reference for OMLs 112 and 117 released between 2026-09-26 and 2026-09-29 No public contracting, drilling, or subsea award notice from the Ima project partners by 2026-09-29
Sources
Researched and written by AI from the sources listed, under published rules. How V³ Aware is made