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TotalEnergies and Amni to Invest Over $1bn in Ima Gas

TotalEnergies is intensifying its investments in Nigeria’s energy sector with a focus on expanding its presence in the gas industry. The French energy giant, in collaboration with Amni International, is set to invest over $1 billion in the development of the Ima gas field. This substantial investment underscores TotalEnergies’ commitment to enhancing its gas production capabilities in Nigeria, a key market in its African portfolio.

The Ima gas field, co-owned by Amni International, a Nigerian independent oil and gas company, is poised to become a significant asset in Nigeria’s gas landscape. With production expected to commence soon, the project marks a strategic move by TotalEnergies to leverage the growing demand for natural gas, both within Nigeria and for export.

This investment aligns with TotalEnergies’ broader strategy of diversifying its energy mix and increasing its focus on cleaner energy sources. By bolstering its gas production in Nigeria, the company aims to contribute to the global energy transition while supporting Nigeria’s economic growth through increased energy supply and job creation.

The development of the Ima field is also a testament to the strong partnership between TotalEnergies and Amni International. Together, the two companies are working to ensure that the project is executed efficiently, with a focus on sustainability and local content.

As TotalEnergies and Amni International gear up for production at the Ima gas field, this investment represents a significant milestone in the ongoing development of Nigeria’s gas sector, with the potential to enhance energy security and economic stability in the region.

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