Skip to content
Back to Guavy Wire
Commodities

TotalEnergies Invests in Nigerian Gas Field to Boost LNG Supply

Instruments
Oil Natural Gas
Share

TotalEnergies has made a significant investment decision to develop the Ima gas field offshore Nigeria. The project aims to increase supply for the expanding Nigeria LNG export plant, in which TotalEnergies holds a 15% stake.

The Ima gas field will be developed with a single platform connected through a 22-km pipeline to the Nigeria LNG plant. Production start-up is expected in 2028, with a plateau of 350 million cubic feet per day, or more than 60,000 barrels of oil equivalent per day.

The project is a low-cost and low-emissions development, with features such as electric power supply from shore, no flaring, and permanent methane detection and monitoring. TotalEnergies' President, Exploration & Production, Nicolas Terraz, said, 'This new project will contribute significantly to Nigeria LNG gas supply and create lasting value for its partners and for Nigeria.'

The development of the Ima gas field is part of a broader trend in the industry, with companies seeking to diversify their LNG supply chains away from chokepoints such as the Strait of Hormuz.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc