By Udeme Akpan, Energy Editor
Nigeria’s Liquefied Natural Gas (LNG) exports rose by one million metric tonnes (Mt) in 2025 to 14.78 Mt, valued at N20.0 trillion, from 13.78 Mt in 2024, valued at N18.89 trillion, reinforcing its position among the world’s leading LNG suppliers as global trade climbed to a record 436.98 Mt, according to the 2026 World LNG Report.
Based on the current global LNG price of about $990 per metric tonne, Nigeria’s 14.78 million metric tonnes of LNG exports in 2025 had an estimated market value of $14.63 billion, translating to approximately N20.06 trillion at the prevailing official exchange rate of N1,371 per US dollar. Similarly Nigeria’s 13.78 million metric tonnes of LNG exports in 2024 had an estimated market value of $13.78 billion, translating to approximately N18.89 trillion.
The report showed that Nigeria accounted for 3.4 per cent of global LNG exports in 2025, ranking seventh among the world’s largest exporters behind the United States, Qatar, Australia, Russia, Malaysia and Indonesia.
Nigeria’s improved performance also helped lift Africa’s total LNG exports by 1.8 Mt to 39.77 Mt during the year, despite lower shipments from Algeria and Egypt.
