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Monday, August 6, 2018

Nigeria to Become 3rd World Largest Exporter of Gas

Nigeria Liquefied Natural Gas weekend said its ongoing plans to reach a Final Investment Decision on its Train-7 project by December would make Nigeria the 3rd World largest gas exporter. 



NLNG General Manager Production, Tayo Ogini, stated this while making a presentation on the facility located at Bonny Island. 

The presentation was to acquaint the Minister of State for Petroleum Resources, Ibe Kachikwu, who visited the plant to see the progress made on the project so far. 

Nigeria is presently the fourth exporter of gas in the world. 

NLNG has six operational trains (gas plants). 

The first train was built in 1989 but by 2007 till date, plans to build Trains 7 and 8 were shelved. 

The six trains have a combined capacity to produce 22 metric tonnes per annum (mtpa) of Liquefied Natural Gas (LNG).

However, plans to invest seven billion dollars on the Train-7 project would expand its production capacity to 30 mtpa making Nigeria the 3rd largest exporter of gas in the World after Qatar and Australia.  Ogini said the gas produced in Nigeria was world-class, adding that the 

NLNG had built a reputation of reliability in its gas supplies around the world. 

Read the full story here: https://lnkd.in/ezmH6pp 

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