NLNG Makes First Shipment from NLNGPlus Project
The first liquefied natural gas (LNG) cargo from Nigeria LNG's Train 4 left Bonny Island on Saturday January 7th bound for the Lake Charles Terminal in the United States. The shipment marks the beginning of the Initial Supply Period (ISP) to Trains 4 & 5 buyers: BG, ENI, Iberdrola, Shell, Total and Transgas. Together, Trains 4 & 5 form the NLNGPlus Project, which will supply LNG to European and North American destinations.
NLNG's Train 4 produced its first LNG in fourth quarter 2005 and Train 5 is currently being prepared for start up. These two trains will increase the company's LNG production capacity to over 17 million metric tons per annum (MTPA).
Dr. Chris Haynes, Managing Director, Nigeria LNG Limited, says the company's long-term contracts to supply LNG to the Lake Charles terminal as well as other terminals in the USA and Europe establishes NLNG's position as the foremost LNG player in the Atlantic market. NLNG, he added, will be shipping over 14 MTPA of LNG to Europe and over 8 MPTA of LNG to US markets after Train 6 comes on stream in 2007. Furthermore, he was able to confirm that the Company is actively developing a further expansion of over 8 MTPA's LNG capacity, the NLNGSevenPlus Project, which will also target markets in North America.
NLNG runs an integrated plant at Bonny with the trains sharing common facilities including storage tanks, shipping capacity and loading jetties. The Company also exports LPG and condensate.
Dr. Haynes expressed delight with the progress of the expansion project work and of the continuing efforts to establish the Company's reputation as one of the premier and most reliable suppliers of LNG in the Atlantic Basin.
He said the commencement of supply from NLNGPlus Project signals the Company's readiness and ability to be a premier and reliable LNG producer, underpinned by world-class performance in health, safety and environmental management and, in its partnering fwith the Communities in the Niger Delta, to achieve genuine sustainable development of its host communities.
NLNG is a Nigerian Joint Venture company whose shareholders are the Nigerian National Petroleum Corporation (49%), Shell Gas B.V. (25.6%), Total LNG Nigeria Limited (15%) and ENI International (N.A.) S.a.r.l (10.4%).
Operates 29 Offshore Rigs
- UK Firm Intertek Says Employee Involved in Shell Oil Theft Case (Jan 17)
- Shell Looks Beyond Road Fuels to Secure Future of Refining (Nov 06)
- API Panel Member: Voluntary Methane Program Forthcoming (Oct 06)
Company: Total S.A. more info
- Total Starts Up Antwerp Refinery And Petrochem Complex After Upgrade (Nov 30)
- Hoegh LNG: Pakistan LNG Import Project Consortium Folds (Nov 16)
- France's Total Buys Engie's LNG Business For $1.5B (Nov 08)
Company: BG Group more info
- Shell Mulls LNG-Hub Network as Use by Ships and Trucks Expands (Jul 11)
- Tanzania Laws Would Allow Govt to Tear Up Mining, Energy Deals (Jun 29)
- Despite Cuts, Big Oil to Expand Production into the 2020s (Sep 05)
Company: ENI more info
Operates 11 Offshore Rigs
- BSEE: Italy's Eni Begins Drilling Oil Well In Alaska's Beaufort Sea (Dec 27)
- Eni 'Mission Impossible' Points to Seismic Shift for Big Oil (Dec 22)
- Sanction-Proof Oil Rig Beats US Policy From Cuba to Russia (Dec 19)
Company: Nigeria LNG more info
- Nigeria LNG Advances Ship Vetting with Navarik (Apr 26)
- Two Charged in KBR Bribery Case (Mar 05)
- Nigeria LNG Opts for More: Baker Energy Contract Renewed (Jan 30)
Company: Iberdrola more info
- DONG, Iberdrola Seal LNG Deal (Aug 12)
- Iberdrola to Supply LNG to DONG Energy from 2011 (Mar 17)
- Iberdrola Completes $55MM Placement in Petroceltic's Shares (Aug 22)