Nigerian LNG Volumes Dropped by ~20% in 2021 - Africa’s premier report on the oil, gas and energy landscape.

Nigerian LNG Volumes Dropped by ~20% in 2021

Output and export from the Nigeria Liquefied Natural Gas (NLNG) Ltd’s six -train Bonny Plant dropped to 16.8Million Tonnes in 2021, from 20.7Million Tonnes in 2020 and 2019.

“The decrease was mainly due to feed gas constraints and higher maintenance activities”, Shell said in its 2021 annual report.

The partners, (Shell, TOTAL, ENI and NNPC) could not take optimum advantage of the Global demand for natural gas, which rose by an estimated 4.6% in 2021, after the COVID-19 pandemic caused consumption to decline by around 1.2% in 2020.

“The (Global) 2021 rate represents a return to around the historical norms of growth for gas”, Shell said in the report, “and is roughly the same as the pre-pandemic growth rate of 2019”.

Shell holds 25.6% in NLNG Ltd. Its share of the output dropped to 4.3MMTPA in 2021, compared with 5.3MMTPA in 2020 and 2019.

 

 

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1 comment

  1. Agbuza Monday Aidelojie says:

    Oooo. As usual, we can not take advantage of upward surge in global gas demand. I am very SAD. This is unnatural.

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