OGR July - August Edition 2020
This publication provides latest stories in Africa, COVID-19 Pandemic in Africa, and key recommendation from industry experts on how Africa can navigate through the global pandemic.
This publication provides latest stories in Africa, COVID-19 Pandemic in Africa, and key recommendation from industry experts on how Africa can navigate through the global pandemic.
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LNG WORLD NEWS
NLNG’S Success Story: Train 7 Project On The Spotlight
Nigeria LNG Limited (NLNG) has
s i g n e d t h e E n g i n e e r i n g ,
Procurement and Construction
(EPC) Contracts for its Train 7 Project
with the SCD JV Consortium,
comprising affiliates of Saipem,
Chiyoda and Daewoo.
The execution of the EPC Contracts
now triggers the commencement of the
Detail Design and Construction phase
of the Project expected to increase the
capacity of NLNG’s current six-train
plant by 35% from the extant 22 Million
Tonnes Per Annum (MTPA) to 30
MTPA.
NLNG is an incorporated Joint-Venture
owned by four Shareholders, namely,
the Federal Government of Nigeria,
represented by Nigerian National
Petroleum Corporation (49%), Shell Gas
B.V. (25.6%), Total Gaz Electricite
Holdings France (15%), and Eni
International N.A. N.V. S.àr.l (10.4%).
Reacting to the Contracts’ signing, Engr.
Tony Attah, the Managing Director and
Chief Executive Officer of NLNG,
remarked that the EPC Contracts
represents yet another milestone in
NLNG’s journey towards achieving its
vision of being a global LNG company,
helping to build a better Nigeria.
He said: “With the award of the EPC
Contracts to our preferred bidders
(SCD JV), we are guaranteeing that our
country remains significantly on the
global list of LNG suppliers. This
singular act clearly demonstrates our
Shareholders’ determination and
resolve to sustain the economic
dividends that NLNG’s monetization of
our vast natural gas reserves offers our
great country Nigeria”
He expressed confidence in SCD JV
Consortium’s proven competence,
adding that the demonstration of an
understanding of NLNG’s business
philosophy by the Consortium will
positively influence the execution of
the Project and ensure zero harm to
people, environment and host
communities.
Also, the Group Managing Director
(NNPC) and a Director on the NLNG
Board, Mr. Mele Kyari, remarked on
NLNG’s successes and its operating
model.
He said: “Nigeria LNG’s successes since it
started operation in 1999 continue to prove
that the Company operates a unique
business model that is profitable to all its
stakeholders. NNPC and the other
Shareholders — Shell, Total and Eni — are
proud to be a part of this exceptional
Nigerian brand that stands out in the global
market.”
“It is for this reason that our President,
Muhammadu Buhari instructed through the
Honourable Minister of State for Petroleum
Resources that NNPC as a Shareholder must
do everything possible to support all the
o t h e r S h a r e h o l d e r s a n d N L N G ’ s
Management to secure the much-needed
public confidence from all critical
stakeholders, especially the critical agencies
of the Federal Government of Nigeria and
international investors, to pursue the
Company’s ambition of adding a 7th train to
its existing production capacity. I encourage
every stakeholder involved in execution of
the Train 7 Project, especially the SCD JV
Consortium, NLNG Train 7 Project Team
and the Company’s Management to leave
no stone unturned in making this project a
reality,” he added.
NLNG says the Project was in fulfilment of
its vision of “…being a Global Company,
helping to build a better Nigeria.” The
Project upon completion will support the
Federal Government’s drive to generate
more revenue from Nigeria’s proven gas
reserves of about 200 Trillion Cubic Feet
(Tcf) and further reduce gas flaring in the
country’s upstream oil and gas industry.
Evy Maffini
Glacier makes
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G
The construction period is expected to last
approximately five years with first LNG
rundown expected in 2025.
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.
NLNG operate from four offices spread across
different locations. The company have the
liquefaction plant and the bulk of our technical
personnel in Bonny Island and Port Harcourt in
Rivers State Nigeria. Most of its corporate and
administrative staff are based in Port Harcourt
at Intels Aba Road Estate, km 16 Aba
Expressway Port Harcourt and other locations
in Port Harcourt, and its staff who engage with
the Federal government work at the Federal
Capital Territory, Abuja; both in Nigeria. While,
NLNG fourth company location is London, UK,
where its staff involved in shipping operations
and commercial gas trade negotiations operate
from.
NLNG has a wholly-owned subsidiary, Bonny
Gas Transport (BGT) Limited, that provides ship
chartering and operating services for NLNG.
Another wholly-owned subsidiary, Nigeria LNG
Ship Manning Limited (NSML) provides
personnel for all of NLNG’s Shipping Vessels.
Our LNG is delivered to an ever-expanding list
of ports in cities around the world.
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