Ima Gas Project Marks a New Chapter in AMNI’s Growth Story
Bayo Adeoye When AMNI International Petroleum Development Company Limited and TotalEnergies EP Nigeria formally marked the Final Investment Decision for the Ima Gas Project in Abuja, the moment represented far
AMNI International Petroleum Development Company Limited and TotalEnergies EP Nigeria officially confirmed the Final Investment Decision for the Ima Gas Project in Abuja, marking a crucial step in AMNI's growth story and the broader national gas narrative. This development, estimated to cost around US$1.108 billion, holds vast non-associated gas reserves of approximately 1.28 trillion cubic feet.
Once operational, it will produce around 350 million standard cubic feet of gas daily, powering Nigeria LNG's Train 7 for at least eight years. With first gas anticipated by October 2028, Ima will contribute roughly 30% of the feed gas needed for Nigeria LNG’s Train 7, highlighting its importance beyond AMNI's portfolio. The project signifies a transformative chapter for AMNI, which began its journey three decades ago as one of the indigenous offshore oil producers.
The FID comes after a series of technical, commercial, and contractual efforts, reinforcing AMNI's commitment to developing Nigeria's resources and its long-term diversification strategy. The project also aligns with Nigeria's broader efforts to commercialize its gas resources, increase supply, and generate value from resources that historically received less attention than crude oil.
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