Nigeria LNG Limited (NLNG) has called on global energy stakeholders to strengthen collaboration in order to stabilise liquefied natural gas (LNG) supply, improve affordability for developing nations, and ensure long-term energy growth in an increasingly fragmented global landscape. Speaking at the World LNG Summit & Awards in Istanbul, Turkey, the company’s Managing Director and CEO,…
Both investments underscore Shell’s long-term position in Nigeria’s deepwater and gas value chains.
But regulatory and feedstock issues continue to hinder the pace of progress
NLNG’s Domestic Supply Intervention, according to Mr. Felix Ekundayo, President of the NLPGA, created the much-needed foundation for what has grown over 1000 per cent, from a 60,000MT market in 2007 into a 1.3MT market and is still growing. One of the most important hallmarks of the intervention the NLPGA president said is that it drastically reduced supply disruptions and birthed several indigenous companies in Nigeria’s LPG market.
According to the statement by its General Manager, External Relations and Sustainable Development, Eyono Fatayi-Williams, NLNG supplied over 80 per cent of its LPG sales (butane/cooking gas) to the Nigerian market in 2020.
The Nigerian Gas Association (NGA) has announced that it will hold a three-day learning solutions training event series entitled: ‘Understanding the natural gas value chain end to end’.
“But, our focus at Dangote is how to add value to the natural gas. After all, this Liquefied Natural Gas (LNG) that is being imported by various countries is used as fixed stock. They use this natural gas to generate power, fuel and as feedstock. The value-added products are thereby exported to Nigeria.
Consequently, the House mandated its Committee on Public Accounts to “invite the management of the NNPC as well as that of the NLNG, to conduct a thorough investigation on activities that have taken place on the dividends account and report back to the House in four weeks.”
The expansion of LNG Train-7 plant, a Nigerian Liquefied Natural Gas project, is anticipated to attract $10 billion in foreign direct investment in the next five years. After a 12-year delay, the Nigerian Liquefied Natural Gas (NLNG) Limited will now go ahead with the expansion of its LNG capacity by an additional eight metric tonnes…
Nigeria, Egypt, South Africa, Mozambique, Senegal and Mauritania lead investment across supply and demand driven projects Africa is an exciting frontier in the global natural gas sector. The continent holds 7.1 percent of proven global gas reserves and is expected to contribute nearly 10 percent of global production growth through to 2024. On the demand…
