Nigeria Revives 50-Year-Old Ima Gas Field with $800 Million Investment
TotalEnergies and AMNI have committed $800 million to develop the Ima gas field off Bonny Island.
In Brief
- •TotalEnergies and AMNI have committed $800 million to develop the Ima gas field off Bonny Island.
- •The field will produce 350 million cubic feet per day, supplying about one‑third of the feed gas for Nigeria LNG’s Train 7 expansion.
- •First gas is targeted for 2028, with the platform drawing shore‑based electricity and featuring no routine flaring.
- •The project follows Nigeria’s fiscal incentives for non‑associated gas, which changed the economics of idle discoveries.
Why It Matters
The Ima gas field’s development marks a turning point for Nigeria’s gas sector, turning a long‑idle asset into a significant contributor to the country’s LNG supply chain. By providing a third of the feed gas for Train 7, the project will help Nigeria LNG reach a 30 million‑ton annual liquefaction capacity, positioning the complex among the world’s largest. The investment also demonstrates how targeted fiscal incentives can unlock value in non‑associated gas fields, potentially reshaping investment strategies across Africa’s offshore gas market.
Key Details
- Project Value
- $800 million
- Ownership
- TotalEnergies 40%, AMNI 60%
- First Gas
- 2028
- Output
- 350 mcf/d (~60,000 bbl/d)
- Pipeline Length
- 22 km to Nigeria LNG terminal
Original Reporting & Sources
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