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Nigeria LNG: CEO, Ownership, Revenue & Company Profile

Company: Nigeria Liquefied Natural Gas

Country: Nigeria

Sector: Oil and gas

CEO: Adeleye Falade

Website: https://www.nigerialng.com

Careers Page: https://careers.nlng.com

LinkedIn: https://ng.linkedin.com/company/nigeria-lng-limited

Email: Not publicly listed

Headquarters: Port Harcourt, Rivers State, Nigeria

Founded: 1989

Valuation/Revenue: $6.315bn revenue (African Business Top 250, FY2025 data)

Nigeria LNG Limited (NLNG) is Nigeria’s national liquefied natural gas producer and Africa’s largest LNG exporter, operating a six-train liquefaction plant on Bonny Island that converts natural gas into LNG and natural gas liquids for export to markets in Europe and Asia. It is a joint venture between the Nigerian state and three international energy majors.

What Does Nigeria LNG Do?

NLNG liquefies natural gas produced in the Niger Delta at its plant on Bonny Island, Rivers State, and ships it worldwide as LNG, alongside associated products including liquefied petroleum gas (LPG) and condensate. Since its first cargo shipped in October 1999, the company has grown into one of the world’s major LNG suppliers and Nigeria’s single largest source of non-oil export revenue, supplying both international buyers and, increasingly, Nigeria’s own domestic gas market through its NLNG Train 7 expansion and domestic gas supply obligations.

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Is Nigeria LNG Legit?

Yes. NLNG is a formally incorporated Nigerian limited liability company with a long operating history, audited financial statements, and shareholding by some of the world’s largest energy companies. It is regularly cited by the Nigerian government as a model of a well-run state-linked enterprise and has consistently paid substantial dividends to its government shareholder, the Nigerian National Petroleum Company Limited (NNPC).

Who Owns Nigeria LNG?

NLNG’s shareholders are NNPC (49%), representing the Nigerian state; Shell Gas B.V. (25.6%); TotalEnergies Gaz & Electricité Holdings France (15%); and Eni International (10.4%). This structure has remained broadly stable since the company’s incorporation in 1989, combining Nigerian state ownership with technical and commercial expertise from three of the world’s largest energy majors.

How Big Is Nigeria LNG?

African Business magazine’s Top 250 Companies in Africa ranking placed NLNG’s revenue at approximately $6.32 billion for its most recently reported financial year, reflecting its position as one of the largest single revenue-generating assets on the African continent and a critical source of foreign exchange earnings for Nigeria.

Who Is the CEO of Nigeria LNG?

Adeleye Falade officially became Managing Director and Chief Executive Officer of Nigeria LNG on April 1, 2026, succeeding Philip Mshelbila, who moved on to become Secretary-General of the Gas Exporting Countries Forum (GECF). Falade previously served as NLNG’s General Manager of Production (2019–2023) and Operations Manager (2015–2018), and most recently led Brunei LNG as Managing Director from 2024. He holds a degree in Electrical/Electronics Engineering from the University of Ibadan and an MBA from Henley Business School, and his appointment continued NLNG’s practice of staffing its top leadership entirely with Nigerian executives.

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What Has Nigeria LNG Been in the News For Recently?

Beyond the April 2026 CEO transition, NLNG has been in the news for its long-running Train 7 expansion project, intended to raise the plant’s total liquefaction capacity from 22 million tonnes per annum to 30 million tonnes, a project seen as central to Nigeria’s ambitions to remain a top-tier global LNG exporter as competition intensifies from new US, Qatari and Mozambican supply. The company has also faced periodic scrutiny over feedgas supply reliability from its upstream partners and over the transparency of its dividend remittances to the Nigerian government.

How Does Nigeria LNG Compare to Its Competitors?

As Africa’s dominant LNG exporter, NLNG’s closest continental peers are Algeria’s Sonatrach LNG operations and emerging producers in Mozambique (led by TotalEnergies and ExxonMobil-backed projects) and Senegal/Mauritania’s Greater Tortue Ahmeyim project. Globally, it competes with Qatar, the United States and Australia for LNG market share, particularly in the European and Asian spot markets that have grown in importance since 2022.

How Do I Apply for a Job at Nigeria LNG?

NLNG posts current vacancies on its dedicated careers portal at careers.nlng.com, and regularly promotes openings through its official LinkedIn page, where recruitment announcements for both technical and graduate-level roles routinely attract large volumes of applicant interest.

Where Is Nigeria LNG Headquartered?

NLNG’s corporate head office is located in Port Harcourt, Rivers State, with its liquefaction plant situated on Bonny Island in the Niger Delta.

Links

Website: https://www.nigerialng.com
Careers Page: https://careers.nlng.com
LinkedIn: https://ng.linkedin.com/company/nigeria-lng-limited
Email: Not publicly listed

FAQ

Is Nigeria LNG a government company? It is majority state-influenced through NNPC’s 49% stake, but it is a joint venture with Shell, TotalEnergies and Eni, not a wholly state-owned enterprise.
Who is the CEO of Nigeria LNG? Adeleye Falade, Managing Director/CEO since April 1, 2026.
What does Nigeria LNG do? It liquefies and exports natural gas from its Bonny Island plant, and is Africa’s largest LNG producer.
Who owns Nigeria LNG? NNPC (49%), Shell (25.6%), TotalEnergies (15%) and Eni (10.4%).
How much revenue does Nigeria LNG generate? Approximately $6.32 billion, per African Business’s 2025 Top 250 ranking.
Where is Nigeria LNG headquartered? Port Harcourt, Rivers State, Nigeria.