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TotalEnergies and AMNI have taken FID on the Ima Gas Project, more than 50 years after the field was discovered.
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The project will produce 350 million standard cubic feet of gas daily from 2028 and supply about one-third of the feed gas needed for NLNG Train 7.
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Ima will be developed with a 22-kilometre pipeline to Nigeria LNG, with all key contractors expected to be Nigerian companies.
September 24, (THEWILL) – TotalEnergies and Nigerian independent oil and gas company AMNI International have taken the Final Investment Decision on the Ima Gas Project, unlocking development of a gas field discovered in 1973 and left undeveloped for more than five decades.
The Federal Government puts the project investment at $800m, while TotalEnergies said its investment in the development would exceed $600m. The project is located on OMLs 112 and 117 in shallow waters near Bonny Island, Rivers State.
Gas to support NLNG expansion
Production is expected to begin in 2028, with the field reaching a plateau of 350 million standard cubic feet per day, equivalent to more than 60,000 barrels of oil equivalent per day.
The gas will be transported through a 22-kilometre pipeline to Nigeria LNG, where it is expected to provide about one-third of the gas required for the ongoing Train 7 expansion.
Train 7 is designed to increase Nigeria LNG’s liquefaction capacity from 22 million tonnes per annum to 30 million tonnes per annum.
TotalEnergies will operate the project with a 40 percent interest, while AMNI holds the remaining 60 percent.
The development will use a single offshore platform and has been designed as a low-emissions project, with electricity supplied from shore, no routine flaring and permanent methane detection and monitoring systems.
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President Bola Tinubu welcomed the FID, saying government reforms, including incentives for non-associated gas developments, were helping unlock projects that had remained undeveloped for years.
The State House said the Ima development would contribute to LNG exports, foreign exchange earnings, industrialisation, energy supply and employment.
The project also has a strong local-content component. TotalEnergies said all key contractors would be Nigerian companies, while about 60 per cent of the workforce during development is expected to come from host communities.
AMNI Chairman and Chief Executive Officer, Tunde J. Afolabi, described the FID as a demonstration of investor confidence in Nigeria and the result of a long-standing partnership between the two companies.
For Nigeria, the project is significant because it converts a five-decade-old gas discovery into a development capable of supplying a major LNG expansion.
With first gas targeted for 2028, the immediate challenge is now execution, moving the project from FID through construction and commissioning to actual gas production.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
