Julius Rone’s UTMFLNG, NLNG, Others Top Major Project in Nigeria

The Federal Government says the Midstream and Downstream Gas Infrastructure Fund (MDGIF) has committed more than N287 billion to gas infrastructure projects nationwide, advancing investment, energy access, and industrial growth in line with the Nigeria Petroleum Industry Act (PIA).

Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Chief Executive Farouk Ahmed, represented by Dr. Joseph Tolorunse, disclosed this at the inaugural ECAN Energy Conference in Abuja, marking four years of the PIA.

He noted that the Fund has supported 62 strategic gas projects across 16 companies, attracting an additional $500 million through a financing partnership with African Export-Import Bank (Afreximbank).

Ahmed highlighted major sectoral achievements, including 18 new regulations, automated processes, and increased crude supply to domestic refineries from 20,000 bpd in 2023 to over 40,000 bpd in 2025. PMS output from local refineries rose from 1.3 billion litres in 2024 to 3.8 billion litres in 2025.

Key PIA-backed projects include UTMFLNG, NLNG Train 7, AKK and OB3 pipelines, Indorama Corporation, Waltersmith Group refinery expansion, and Supertech Innovation Labs’s methanol plant.

The Authority has also issued 10 gas distribution licences covering 692km of pipelines and 23 refinery establishment licences expected to add 850,000 bpd of new refining capacity.