NLNG

AcronymDefinition
NLNGNigeria Liquefied Natural Gas (est. 1989)
NLNGNigeria LNG (Nigeria)
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Eresia-Eke said the delivery was seen by some senior NLNG executives, including the Managing Director, Mr Babs Omotowa.
These ships are an integral part of the total fleet of seven LNG carriers, of which four are directly owned through Bonny Gas Transport, a wholly owned subsidiary of NLNG, that NLNG needs in order to fulfill its delivery commitments to its customers from the first two liquefaction trains," said Andrew Jamieson, managing director of Nigeria LNG Ltd.
Omotowo said the federal government's gas masterplan, along with NLNG Train 7 and Brass LNG, on completion will bring thousands of jobs for Nigerians.
Omotowa said that the credit will allow NLNG registered contractors and vendors to accelerate delivery of goods and services to the nation s oil and gas industry.
For renewal of two Gas Supply Agreements, that are set to expire in 2020 and 2021, additional challenges include alternative energy on NLNG primary markets and limited market opportunities.
He said that the NLNG has played a significant role in the reduction of gas flaring in the country.
Total has a stake in the NLNG venture (see gmt7NigrGasExpAug15-11).
Agip, of Italy's ENI group, is also a partner in the NLNG venture and leads a JV with NNPC producing light/sweet crudes from a number of fields.
The export parity is determined annually as the weighted average of the price of gas exported in the previous year by NLNG and the West African Gas Pipeline (WAGP).
Expressing his concern, Adesina revealed, Some stakeholders still import LPG from Niger, while we export excess of what we produce from NLNG plant.
Berger Paints products are in compliance with global standards and are at par with those produced by KCC in Korea, which will be used by Hyundai Heavy Industries in the coating of two new NLNG vessels," said Henry Agbodjan, head of shipping at NLNG in early December.