TotalEnergies and AMNI approve $600 million Ima gas project

TotalEnergies and AMNI have approved development of the offshore Ima gas field in Nigeria. Businessfront values the project at $600 million and says its intended buyer is Nigeria LNG. Nairametrics says production is expected to start in 2028. Business Insider Africa puts the companies’ commitment at $800 million, rather than the $600 million figure cited by Businessfront, and says the field was discovered 53 years ago.

The development decision sets out a plan to bring Ima gas into production, but the accounts differ on the amount approved: Businessfront gives a $600 million valuation, while Business Insider Africa reports an $800 million commitment. The timing reported by Nairametrics points to 2028 for the start of production; Businessfront specifies Nigeria LNG as the intended buyer.

For the earliest account, Businessfront has the project’s investment decision and intended gas buyer. Nairametrics adds the expected production start date, while Business Insider Africa gives its account of the $800 million commitment and the field’s discovery history.