NLNG also plans to buy seven or eight additional vessels to transport the increased output. The new train will require 32.6 mcm (1.15 bcf) of feedstock per day, This Day reported.
“You need to be very nimble, be very ready otherwise you are going to have the LNG plant sitting on your hands,” NLNG’s general manager for production, Tayo Oginni, told the media.
Train 7, which will be a replica of Train 6, is set to raise capacity by about 35% from the current 22 million tpy. NLNG supplies about 80% of Nigeria’s domestic LPG and roughly 7% of the world’s LNG demand. The company was formed in 1989 and has four main stakeholders: the federal government of Nigeria, represented by Nigerian National Petroleum Corporation (49%), Shell (25.6%), Total (15%) and Eni (10.4%).
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
This website uses cookies.