TotalEnergies launches $800M gas project to boost Nigeria LNG supply

TotalEnergies announced an $800 million project to connect the Ima gas field to the Nigeria LNG plant at Bonny, supporting Nigeria's goal to raise oil production to 2 million barrels per day by 2027. This follows production recovery to 1.6 million barrels in August, signaling continued investment in Nigeria's energy sector. The project enhances LNG export capacity, with implications for global gas supply and Nigeria's fiscal position.