Nigeria LNG limited (NLNG) was incorporated on May 17, 1989 to harness Nigeria's vast natural gas resources and produce liquefied natural gas (LNG) and natural gas liquids (NGLs) for export. The establishment of NLNG is backed by the NLNG Act.
The company is owned by four shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corporation ( 49%); Shell (25,6%); Total Gaz Electicite Holdings France (15%) and Eni (10.4%). NLNG also has wholly-owned subsidiaries: Bonny Gas Transport (BGT) Limited and NLNG Ship Management Limited (NSML).
NLNG's sixth train plant, on Bonny island in River State, is capable of producing 22 million tonnes per annun (MTPA) of LNG, and 5 MTPA of NGL's *LPG and condensate) from 3.5 billion ( standard) cubic feet per day (Bcf/d) of natural gas intake. NLNG's near term expansion plans include construction of a seven train, which will increase production capacity to 30 million tonnes per annum (MTPA) of LNG. NLNG's operations have helped reduce Nigeria's flaring profile from 65% to below 25%.
In all its business and social activities, NLNG's driving force remains it's vision to help in building a better Nigeria.