Ima Gas Project Marks a New Chapter in AMNI’s Growth Story

AMNI International Petroleum Development Company Limited and TotalEnergies EP Nigeria have officially decided to move forward with the Ima Gas Project in Abuja. This decision marks a significant milestone in AMNI's evolution from a traditional offshore oil producer to a more diversified oil and gas business. The project, with an estimated development cost of around US$1.108 billion, sits on independently confirmed non-associated gas reserves of approximately 1.28 trillion cubic feet.

At full production, Ima is expected to generate about 350 million standard cubic feet of gas daily, maintaining this level for at least eight years. The gas from Ima will supply around 30% of the feed gas needed for Nigeria LNG's Train 7, providing a reliable and substantial long-term supply for one of Nigeria's most important gas infrastructure projects.

The project's first gas is targeted for October 2028. This development is crucial for Nigeria's broader gas story, as the country aims to commercialize its gas resources, increase supply to both domestic and export markets, and maximize value from resources that have often been overlooked. For AMNI, Ima is part of its history and its long-term growth strategy.

Established in 1993, AMNI has built capabilities across various aspects of oil and gas development, and Ima is a key part of its Road to 250 KBOE/d strategy, which aims to achieve production capacity of approximately 250,000 barrels of oil equivalent per day by 2031. This milestone also reflects AMNI's commitment to local capability, Nigerian content, and responsible resource development, with local participation being a core part of the Company's philosophy since its inception.