NLNG Challenges Gas Producers to Monetize Methane Losses
Nigeria LNG Limited (NLNG) has challenged gas producers to rethink their approach to methane reduction. According to NLNG's Managing Director and Chief Executive Officer, Adeleye Falade, methane released into the atmosphere represents lost gas, lost revenue, and lost energy that could otherwise be recovered and sold.
Falade made this statement during a panel discussion at the Gastech 2026 Exhibition and Conference in Bangkok, Thailand. He argued that investments in methane abatement can pay for themselves while improving plant efficiency and asset reliability.
NLNG's experience has shown that recovering lost gas is a commercially viable option. The company has implemented projects such as its new boil-off gas compressor and start-up gas recovery project, which are expected to deliver methane reductions of about 10-15% while also recording positive projected net present values.