The Nigeria Liquefied Natural Gas (NLNG) Ltd., says its ongoing plans to reach a Final Investment Decision (FID) on its Train-7 project by December will make Nigeria the world’s third largest gas exporter.
The NLNG General Manager Production, Tayo Ogini, said this on Saturday while making a presentation on the facility located at Bonny Island. The presentation was to acquaint the Minister of State for Petroleum Resources, Ibe Kachikwu, who visited the plant to see the progress made on the project so far. According to the presentation, Nigeria is presently the fourth largest exporter of gas in the world. The NLNG has six operational trains (gas plants).
The six trains have a combined capacity to produce 22 metric tonnes per annum (mtpa) of Liquefied Natural Gas (LNG). However, plans to invest seven billion dollars on the Train-7 project would expand its production capacity to 30 mtpa making Nigeria the 3rd largest exporter of gas in the World after Qatar and Australia.