Nigeria LNG Ltd (NLNG) hosted Andrew Yakubu, engineer and Group Managing Director of the Nigerian National Petroleum Corp. (NNPC), and other senior members of his team at its six-train plant complex on Bonny Island, Rivers State. Mr Yakubu was received by Mr Isa Mohammed Inuwa, NLNG’s Deputy Managing Director, and other senior members of the company.
Chima Isilebo, NLNG’s General Production Manager, gave an overview of the NLNG's production performance as well as challenges it is facing in the global LNG market: "In line with the federal government's vision of generating as much revenue from gas as from oil, NLNG, starting out with a base project of only two trains with a capacity for about six million tpa of LNG now produces 22 million tpa of LNG with progressive plans for a seventh train.
The addition of a seventh train is expected to raise production to approximately 30 million tpa, Isilebo said. “NLNG has successfully pioneered gas monetisation and is currently the eighth largest supplier of LNG in the world, making it a large-scale LNG plant by world standards. NLNG used to be the 10th largest supplier but it is gradually losing the market to international competitors who have continued to expand their businesses. It is therefore imperative that NLNG increases its production in order not to lose more market share."
Nigeria on the global stage
Speaking after a guided tour to the plant Mr Yakubu said: "With the success of NLNG on Bonny Island, doubts about Nigeria being able to successfully drive a project of this scale from construction through to operation has been paled into insignificance. NLNG should constantly engage its regulators to ensure its glowing records of achievement of prompt delivery and meeting its contractual obligations to its numerous customers around the world is clearly understood and appreciated."
Adapted from press release by Ted Monroe
Read the article online at: https://www.lngindustry.com/liquefaction/30072014/nigeria-lng-welcomes-yakubu-to-facility-1108/