BRAND REPORTNEWS
Nigeria LNG hosts Petroleum Minister, NNPC GMD at Nigeria Oil & Gas Conference
Nigeria LNG Limited (NLNG) is a major player in the global LNG business. NLNG was incorporated as a Limited Liability Company on May 17, 1989, to harness Nigeria’s vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for export.
Today, NLNG has a total production capacity of 22 Million Tons Per Annum (mtpa) of LNG and 5mtpa of Natural Gas Liquids (NGLs) from its six-train plant complex.
The company has 16 long-term Sale and Purchase Agreements (SPAs) with 10 buyers and controls about 6 percent of global LNG trade.
NLNG began its intervention in the supply of Liquefied Petroleum Gas (LPG), otherwise known as cooking gas, to the domestic market in 2007 under the NLNG DLPG Scheme. The supply has stimulated growth in the industry, guaranteeing LPG supply, availability and affordability. This has also inspired the development of different parts of the DLPG value chain.
In 2019, NLNG shareholders took the Final Investment Decision (FID) on its 7th train and awarded the Engineering, Procurement and Construction (EPC) contracts for the plant expansion in 2020. The long-awaited expansion will increase production capacity by 35 percent from 22mtpa to 30mtpa and enhance NLNG’s competitiveness in the global market.
The company has a proven track record of resilient performance (Operational Excellence, HSE, etc.) and unswerving profitability.
