The Nigeria LNG plant on Bonny Island
Nigeria LNG Train 7 advances
The expansion to Nigeria’s liquefaction capacity will face growing global competition
Nigeria LNG (NLNG) has broken ground on its 8mn t/yr Train 7 project and expects completion “in approximately five years”. But the expanded capacity is due to come online amid what is expected to remain a competitive LNG market. Engineering, procurement and construction contracts were signed in May last year, but Covid-19 and the attendant decline in gas prices delayed the project. Conditions last year were “not suitable for ramp-up”, according to Ali Uwais, Train 7 project manager at state oil company Nigerian National Petroleum Corporation—which holds a 49pc stake in NLNG. This led the developers to change their plans in order to minimise capex for the first year of the scheme. But prepara
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
