The Energy Republic February Edition 2022
This magazine is a special edition focused on the challenges and growth opportunities in Sub- Saharan Africa oil and gas value chain, with a spotlight on stakeholders commentaries, while recommending some key strategies in unlocking the new opportunities in the African oil and gas industry....
This magazine is a special edition focused on the challenges and growth opportunities in Sub-
Saharan Africa oil and gas value chain, with a spotlight on stakeholders commentaries, while recommending some key strategies in unlocking the new opportunities in the African oil
and gas industry....
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NIGERIA OIL AND GAS
NLNG Commences Plans for Train 8 to Reduce
Carbon Emission
The Managing Director of the Nigeria
Liquefied Natural Gas (NLNG) Phillip
Mshelbila has said that plans are under
way to commence Train-8 which will be
different from the previous ones as the new
Train – 8 will not only address the issue of
increased capacity but will lay emphasis on the
reduction of carbon emissions.
Mshelbila who was represented by NLNG
General Manager, Production, Leye Falade at a
panel session titled ” Strategies for Confronting
Energy Transition” said that the company also
lay emphasis in the value it gets in keeping the
environment clean not only on the huge taxes
and dividend it gives to the government and
shareholders.
According to him when the company started
with providing LPG into the Nigeria Market it
started with 50,000 tons and progressively the
company has moved into the Nigerian market
about 400,000 ton last year and now had the
target to push into the domestic market about
500,000 tons.
These efforts he said is to reduce
deafforestation, reduce emission by providing
cleaner fuel as well as saving lifes.
Meanwhile, Mrs Sophia Horsfall, Manager,
Corporate Communications and Public Affairs,
NLNG, said supply of 100 per cent of its
Liquefied Petroleum Gas production (Propane
and Butane) to the Nigerian market had made a
positive impact.
She said the move, which was approved by the
company’s Board of Directors, had led to the
reduction in the prices of LPG, also known as
cooking gas , across the country.
She spoke while welcoming Chief Timipre Sylva,
Minister of State for Petroleum Resources, to
the company’s exhibition stand at the summit.
The theme of the NIES 2022, summit is
:”Revitalising the Industry: Future Fuels and
Energy Transition.”
Horsfall said prioritising the domestic market
would help to deepen gas utilisation in Nigeria
in line with the Federal Government’s
declaration of year 2021 to 2030 as the Decade
of Gas.
She noted that NLNG was currently the highest
single supplier of LPG into the domestic market,
with an estimated 400,000 metric tonnes
supplied in 2021.
NLNG General Manager, Produc on, Leye Falade
Horsfall said the NLNG Train 7 project
would also deepen gas utilisation in the
country.
She said the Train 7 project was expected
to ramp up NLNG’s production capacity
by 35 per cent from 22 million Tonnes Per
Annum (MTPA) to around 30 MTPA.
Horsfall noted that the project would
form part of the investment of over $10
billion, including the upstream scope of
the LNG value chain, thereby increasing
dividends, and taxes accruing to
government.
She said that the company was also
working on other projects to bring socioeconomic
development to its host
community and the entire nation.
The manager said that the 36km Bonny
Bodo Road Project to connect Bonny
Island and other riverine communities to
mainland Rivers State was about 56 per
cent completed.
She said NLNG had invested in hospital
projects , including the Bonny Malaria
Elimination Programme in partnership
with United States Agency for
International Development.
Horsfall said thousands of young
Nigerians had also benefited from NLNG’s
empowerment and scholarship schemes.
Nigeria’s Minister of State for Petroleum
Resources, Chief Timipre Sylva, while
speaking at the opening ceremony of the
2022 NIES, had described NLNG as a trusted
partner of the Federal Government in its
quest to maximise Nigeria’s abundant gas
resources.
NLNG has delivered over 5,000 LNG cargoes
to buyers around the world by engaging the
best production practices, earning the
company accolades as one of the most
reliable plants in the world.
NLNG is fully committed to its expansion
programme: NLNG Train 7 Project which will
increase the company's production capacity
by 35% from the current 22 Million Tonnes
Per Annum (mtpa) to 30mtpa.
This expansion will ensure that Nigeria, with
its significant gas reserves (202 tcf of proven
gas reserves, the 9th largest in the world)
remains a top, reliable and preferred supplier
of LNG in the ever-expanding energy world.
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.
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THE ENERGY REPUBLIC I SPECIAL EDITION