NLNG Advances Carbon Reduction Efforts for a Net-Zero Future at NIES 2025.
As Africa strives to unlock its vast energy potential to drive economic growth and industrial transformation, Nigeria LNG Limited (NLNG) has reaffirmed its commitment to cutting carbon emissions in alignment with evolving market expectations.
Speaking at the 8th Nigeria International Energy Summit (NIES) during a panel session titled “LNG and Domestic Gas Solutions: Paving the Path for Africa’s Energy and Industrial Evolution,” NLNG’s Deputy Managing Director, Olakunle Osobu, outlined the company’s strategic approach to energy transition. He highlighted key initiatives such as Carbon Capture and Storage (CCS) technologies, the integration of renewable energy, the implementation of a comprehensive Greenhouse Gas and Energy Management Plan, and the modernization of its LNG carrier fleet to boost fuel efficiency and lower carbon emissions.
In a statement issued by NLNG’s General Manager, External Relations and Sustainable Development, Sophia Horsfall, Osobu revealed that the company has embarked on a fleet renewal initiative to enhance operational efficiency. As part of this effort, NLNG has introduced modern LNG carriers, including the chartered vessels LNG AKTORAS and LNG AXIOS II, to replace older steam-powered ships. This transition has significantly reduced emissions, improved fuel efficiency, and reinforced NLNG’s leadership in decarbonizing the LNG value chain.
Osobu underscored the need for innovative strategies to overcome challenges and seize opportunities in Africa’s energy sector. He emphasized that liquefied natural gas (LNG) and domestic gas solutions remain critical to the continent’s energy transition. With the successful completion of Train 7, NLNG is now evaluating the development of an eighth train to further cement its status as a leading global LNG producer.
On the topic of financing, Osobu advocated for blended funding models involving public-private partnerships (PPPs), sovereign wealth funds, and development finance institutions such as the World Bank, IFC, and Afreximbank. He also highlighted the role of green and transition bonds in financing low-carbon LNG projects and efficiency enhancements.
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Addressing key challenges in Africa’s energy and industrial landscape, Osobu called on industry stakeholders to tackle the underutilization of existing LNG capacity, security concerns, upstream gas supply disruptions, regulatory uncertainties, and infrastructure deficits. He stressed the need for policy reforms, increased investment in technology, and stronger security frameworks to attract global investors and accelerate energy transformation.
Despite the hurdles, particularly in gas supply, Osobu reaffirmed NLNG’s commitment to sustaining Africa’s competitive presence in the global gas market. He assured that the company remains dedicated to investing in sustainable solutions that bolster Nigeria’s energy security and economic growth.
