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A little known energy company Linetrale LLC, with a barely functional website was one of three trading houses to win Liquefied Natural Gas (LNG) cargoes offered by Nigerian National Petroleum Corp. (NNPC) last week.
The obscure Lagos firm joined more established energy giants such as Gunvor Group and Abu Dhabi National Oil Co.
Trading in liquefied natural gas is a business long dominated by several established players as the high cost and technical complexity of moving LNG around the world mean smaller trading companies rarely get involved.
Lagos-based Linetrale was founded in 2006, yet it has previously supplied just two cargoes — in 2020 and 2023.
Key founding partners include Mustapha Fasinro and Chinedu Nwokedi, who also serve in leadership roles.
Not much information is available on the Linetrale website as seen by MoneyCentral on September 29, 2025, as it showed a message that read:
“We are currently updating our website to make your experience with Linetrale LLC even better!”
Nigeria is Africa’s largest LNG exporter, with a production capacity of about 22.5 million metric tonnes per annum (mtpa) from its six LNG trains operated by Nigeria LNG Limited (NLNG).
Expansion projects, including the approved NLNG Train 7, aim to increase annual LNG production capacity to over 30 mtpa by 2025-26.
In the first half of 2025, Nigeria produced about 1.37 trillion standard cubic feet (SCF) of natural gas, with a utilization rate of approximately 91.8%. Exports accounted for nearly 481 billion SCF, primarily via LNG.
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