Nigeria’s vast gas wealth largely untapped –Falade, NLNG MD

For nearly four decades, the Nigerian Liquefied Natural (NLNG), has remained one of Nigeria’s most successful energy investments.
Aside from generating nearly $150 billion in cumulative revenue, it has significantly curbed gas flaring, expanded access to cooking gas for millions of households, and delivered billions of dollars in taxes and dividends to the federal government.
Yet, according to its Managing Director and Chief Executive Officer (CEO), Mr. Adeleye Falade, the company’s biggest challenge is no longer building Liquefied Natural Gas (LNG) trains but securing enough gas to keep its existing facilities running at optimal capacity.
Speaking during his first media interactio...