• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, October 26, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Optimera Energy’s $30m Lagos Free Zone Gas Infrastructure Ready By Q2

Jerry Emmason by Jerry Emmason
2 years ago
in Business
Lagos Free Zone
Share on WhatsAppShare on FacebookShare on XTelegram

Optimera Energy LFZ Enterprise has put machinery in place to deliver the $30 million Lagos free zone natural gas distribution facility by Q2 2025.

Optimera Energy, an indigenous consortium comprising Falcon Corporation Limited, FHN Gas Limited and ND Western Midstream Limited executed a 20 years Gas Infrastructure Development Agreement with the Lagos Free Zone Company for gas distribution within the Zone.

Managing director of Falcon Corporation Limited, Prof Joe Ezigbo, disclosed that the project is at 90 per cent completion stage with over $30 million investment committed till date. He added that the project is crucial to Falcon’s long-term vision of creating an integrated gas supply network that supports economic growth, industrialisation, and energy security.

“We plan to commission the facility for “First Gas” delivery in Q2 2025, following completion of FEED and Detail Engineering designs including the process of obtaining relevant permits and approvals. This collaboration leverages decades of experience and extensive gas resources to ensure a steady and reliable supply of energy to the Zone,” he stressed.

Ezigbo, noted that Nigeria’s economic landscape is undergoing a transformative shift, with energy security at the heart of its next phase of growth.

RELATED NEWS

Expiration of 4-day Ultimatum, Federal Government Convenes Emergency Meeting With Labour To Avert Strike

NMDPRA New Gas Code To Improve Market Efficiency, Facilitate Trade

The IEA Forecasts Global Oil Demand To Fall By 2.5m Barrels A day By Q4

He explained that reliable, sustainable energy is no longer a luxury—it is the foundation for industrial expansion, job creation, and economic resilience.

The Falcon Corporation boss noted that Optimera Energy LFZ Enterprise (“Optimera Energy”) is at the forefront of this transition, bridging the energy gap by delivering clean, cost-effective, and efficient natural gas solutions to power industries and communities.

The gas infrastructure project is comprised of a 25MMScf/D City Gate Station, scalable to 100MMScf/D, together with necessary ancillary infrastructure which includes 10km distribution lines within the zone as well as a 6.5km x 10 inches gas pipeline from the Escravos – Lagos Pipeline System tie-in point in the Lekki corridor outside the zone to Optimera City Gate Station at the Lagos Free zone.

Natural gas is a pivotal component of Nigeria’ s energy matrix, offering cleaner and more efficient solutions. The gas infrastructure project is not just about pipes and stations but about powering communities, industries, and dreams. It is about creating a foundation for economic growth, job creation, and environmental sustainability.

 

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Jerry Emmason

Jerry Emmason

OTHER NEWS UPDATES

Labour Gives FG 4-day Ultimatum Over Anti-workers Activities
Business

Expiration of 4-day Ultimatum, Federal Government Convenes Emergency Meeting With Labour To Avert Strike

52 minutes ago
Key Industry Leaders To Discuss Nigeria’s Gas Investment Opportunities At GIF 2026
Business

NMDPRA New Gas Code To Improve Market Efficiency, Facilitate Trade

56 minutes ago
API Advocates Strong Investment To Boost Energy Security As Regional Tensions Escalate
Business

The IEA Forecasts Global Oil Demand To Fall By 2.5m Barrels A day By Q4

2 hours ago
Next Post
JUST IN: Nigerian Stocks End 8-Day Gains As Banks Slide

Portfolio Investment In Equities Surge To N5.59trn

LATEST UPDATE

2027: ‘Do Not Sleep On Election Day, They Will Rig It’ — Ex-INEC Commissioner Warns Nigerians

7 minutes ago

Drama As Toluwanisings’ Fathers Family Wants Burial Postponed, Cause Of Death Investigated

9 minutes ago

“It Wasn’t Hard Transitioning Because I Was The Producer, Writer And Singer” – Paul Okoye Says Following Split From PSquare

11 minutes ago

Kwara Gov, Speaker, Yeni, Others At Fela Retrospective Exhibition In Ilorin

17 minutes ago

Rivers: Kula Community Seizes Oil Vessel, Two Tugboats Over Boat Mishap 

19 minutes ago

Tinubu Congratulates Lula On Re-Election, Seeks Stronger Nigeria–Brazil Ties

24 minutes ago

Plateau Reactivates Ebola Isolation Centres, Intensifies Surveillance

25 minutes ago

Wike Pledges FCT UBEC Job For Ex-PDP Candidate Who Stepped Down For APC

31 minutes ago

 Motorcycle Rider Found Dead With Mutilated Body In Plateau

35 minutes ago

ADC Challenges APC To Defend Tinubu’s Record, Denies Unpaid Salaries Claim  

37 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.