Nigeria LNG Limited 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.
Nigeria LNG Limited (NLNG) is a private joint venture company, registered in Nigeria and establishment of NLNG is backed by the NLNG Act.
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The company is owned by four shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corporation (49%); Shell (25.6%); Total LNG Nigeria Ltd (15%) and Eni (10.4%).
It has wholly–owned subsidiaries: Bonny Gas Transport (BGT) Limited and NLNG Ship Management Limited (NSML).
With six trains currently operational, NLNG’s plant, on Bonny Island in Rivers State, is capable of producing 22 Million Tonnes Per Annum (MTPA) of LNG, and 5 MTPA of NGLs (LPG and Condensate) from 3.5 Billion (standard) cubic feet per day (Bcf/d) of natural gas intake. NLNG’s near term expansion plans include construction of a seventh train to complement the existing six train structure, which when in operation will up the company’s total production capacity to 30 million tonnes per annum (MTPA) of LNG.
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As the arrowhead of Nigeria’s efforts to eliminate gas flaring, NLNG’s operations have helped reduced Nigeria’s Flaring Profile from 65% to below 25%. The company also supplies about 40% of the annual domestic LPG (Cooking Gas) consumption.
In all its business and social activities, NLNG’s driving force remains its vision to help in building a better Nigeria.
NLNG Mission
To market, produce and deliver Liquefied Natural Gas and Natural Gas Liquids to buyers safely, reliably and profitably, growing our company and its people to their full potential, and being a trusted partner with all our stakeholders in the sustainable development of Nigeria’s gas industry and of NLNG’s host communities.
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NLNG Vision
…a global LNG company helping to build a better Nigeria.
Nigeria LNG will be a global LNG company renowned for its operational excellence, cost leadership, high HSE standards and for honesty and integrity. We will be helping to build a better Nigeria by utilising the country’s gas resources and helping to put out the flares, thus diversifying the economy and cleaning up the environment.
We will set the standards in community relations and technology transfer to Nigerians and actively promote the sustainable development of Nigerian businesses. We will provide to our shareholders a good return on their investment.
We will provide for our staff an exciting and fulfilling place to work and the opportunity to develop their potential. We will execute and operate our business in Nigeria with an international outlook and mindset.