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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.

14

THE ENERGY REPUBLIC I SPECIAL EDITION

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