OGUN, Nigeria – The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Ogun State Government have opened discussions to revive the long-delayed Olokola Liquefied Natural Gas (OKLNG) project, adding a proposed energy hub to the state’s emerging coastal industrial corridor.
The talks took place on Wednesday when an NNPC delegation met Ogun State Governor Dapo Abiodun in Abeokuta, shortly after the state signed agreements linked to the proposed Gateway Deep Sea Port and Blue Marine Special Economic Zone.
Abiodun said the LNG project could become an important part of an integrated coastal development linking the proposed port, marine economic zone and energy infrastructure. “Last Wednesday we signed an MoU on the Deep-Sea Port, and today we have the NNPC team here discussing the activation of the LNG plant,” the governor said.
NNPC Group Chief Financial Officer, Dapo Segun, said the company was reviewing the factors that previously stalled the project as it seeks solutions that could support its revival. “We are here to engage with the government of Ogun State on the project we are looking to place along the coastline of the state,” Segun said.
The proposed OKLNG facility has remained on the drawing board for decades. Earlier in 2026, Abiodun had also announced renewed plans around the project and Ogun Waterside’s wider industrial development.
The governor said the state was prepared to support the project, including arrangements for land within the economic zone and other incentives. “They have come to discuss with us the LNG plant that was originally designed and called OKLNG, which was meant to be situated on our coastline. Now they have brought the project back to life,” Abiodun said.
