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Liquefied Natural Gas
Convinced that export is the most credible way of extracting economic value and the most efficient means of large-scale utilisation of Nigeria's abundant gas reserves, Shell Nigeria has been very active in the Liquefied Natural Gas project since its inception in the mid 1960s.
Nigeria Liquefied Natural Gas Company (NLNG) was incorporated as a limited liability company in 1989 to harness Nigeria’s vast natural gas resources and to produce LNG and natural gas liquids for export. Shell holds a 25.6% interest in NLNG together with NNPC (49%), Total LNG Nigeria Ltd (15%) and Eni (10.4%).
With the completion of a sixth production train in December 2007, the Nigeria LNG Plant at Bonny Island has an overall capacity of some 22 million tonnes a year of LNG and 4 million tonnes per annum of LPG. It accounts for approximately 11% of the world’s total LNG capacity and is well positioned to serve the European and North American markets. SPDC is the major supplier of gas to the NLNG Bonny Island plant from its onshore and offshore fields.