Nigeria LNG Secures Contracts to Deliver Natural Gas for 20 Years
Nigeria LNG Ltd (NLNG) has signed agreements with NNPC Ltd and several oil companies to deliver 1.29 billion standard cubic feet of gas per day (bcf/d) for 20 years in support of its liquefaction plants and expansion projects, Reuters reported a statement released by the company.
The contracts, which include options for extension, involve partners such as Shell Nigeria, Oando Group, Aradel Holdings, and First E&P. They are aimed at addressing persistent upstream gas supply gaps while driving Nigeria’s energy transition and industrialization goals.
The gas volumes will be ramped up progressively to feed the $10 billion Train-7 project on Bonny Island in Rivers State, which is currently 80% complete.
NLNG is Nigeria’s flagship liquefied natural gas company and one of Africa’s largest gas producers. It is a joint venture co-owned by NNPC Ltd (49%), Shell Gas (25.6%), TotalEnergies (15%), and Eni (10.4%).