NLNG Has Monetised Four (4)Trillion Cubic Feet of Nigerian Gas - Africa’s premier report on the oil, gas and energy landscape.

NLNG Has Monetised Four (4)Trillion Cubic Feet of Nigerian Gas

Twenty hydrocarbon fields deliver close to 3.5Bscf/d to Africa’s largest LNG Plant
The Nigerian Liquefied Natural Gas (NLNG) Ltd has monetised Four Trillion Cubic Feet of Nigerian Gas since first production in September 1999. The company has delivered $20 Billion in dividend to its shareholders, the largest of which is the NNPC, the state hydrocarbon company.

NLNG Ltd reeled out these figures in a video documentary presented to guests yesterday at the 9th award of the Nigerian Prize For Literature (worth $100,000), which it sponsors annually. NLNG Ltd was the world’s fourth leading exporter of liquefied natural gas (LNG) in 2012. The documentary notes that the NLNG Plant in Bonny, in eastern Nigeria, consists of six gas liquefaction trains which, at peak operation, require 3.5Billion standard cubic feet per day (Bscf/d) and  can deliver 22Million Tonnes Per Annum (MTPA) to customers worldwide. It produced 19MMTPA in 2012. Gas flows into the Bonny LNG Plant through transmission lines from processing facilities operated by NLNG’s three European shareholders: the AngloDutch Major Shell, the French explorer TOTAL and Italy’s largest company ENI, as well as the Nigerian independent Niger Delta Petroleum.  Shell provides gas from onshore Gbaran Ubie , Soku and Bonny fields, as well as deepwater Bonga and shallow water EA fields. ENI contributes from the Obiafu Obrikom (OB-OB) Integrated Gas Centre, a gathering point for gas molecules from Idu, Akri, Kwale, Irri, Tebidaba and Ebocha fields, all onshore. TOTAL, the French major, transfers gas to the NLNG Plant from its onshore Obite, Ibewa and Obagi fields as well as deepwater Akpo field and shallow water Amenam-Kpono field. Niger Delta Petroleum supplies gas from the Ogbele marginal field, onshore.


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