NLNG touts de-risked Train-7 model to unlock investment

Mkpoikana Udoma

Port Harcourt — The Nigeria LNG Limited, has showcased its Train 7 expansion model as a template for de-risking African oil and gas investments, underscoring structured financing, long-term revenue visibility and disciplined project execution as critical to unlocking capital.

Speaking recently at the 2026 Sub-Saharan Africa International Petroleum Exhibition and Conference, SAIPEC, in Lagos, Engr. Nnadi Anowi, who represented NLNG on the panel session themed “IOCs: De-Risking Investments in African Oil and Gas Projects,” said successful gas developments must be anchored on strong commercial and governance fundamentals.

“Successful gas projects require clear revenue visibility through long-term contracts, experienced governance structures, disciplined project scoping, and well-structured financing models,” Anowi said.

Using NLNG’s Train 7 project as a case study, he stressed that investor confidence hinges on structured risk allocation and execution discipline.

“Train 7 demonstrates the value of de-risked project frameworks, strong EPC discipline and collaborative financing arrangements in attracting investor confidence,” he stated.

Train 7, which is expected to significantly expand Nigeria’s LNG capacity, has been widely viewed as one of the country’s most strategically structured gas investments in recent years.

Beyond project structuring, Anowi highlighted NLNG’s broader impact on gas monetisation and national development.

“NLNG’s track record in gas monetisation has contributed significantly to the reduction of gas flaring in Nigeria while supporting national development,” he said.

On Africa’s energy priorities, he advocated what he described as a pragmatic and just transition pathway tailored to the continent’s realities.

“Africa’s energy transition must recognise the imperatives of affordability, accessibility and reliability, while advancing energy addition to support growth,” Anowi added.

NLNG’s presentation reinforced its positioning as a model for structured project delivery and responsible resource monetisation, particularly at a time when global capital is increasingly selective and risk-sensitive.

The SAIPEC session spotlighted financing discipline, contract bankability and governance transparency as decisive factors in driving upstream and gas-sector investments across Africa.