Lloyds List: Nigeria LNG plans extra major growth in capacity: Thursday January 12, 2006
NIGERIA LNG has confirmed it is planning another major expansion after the first cargo of liquefied natural gas from its new Train 4 left Bonny Island at the weekend, writes Tony Gray.
NLNG's managing director Chris Haynes said the company was 'actively developing' a further expansion of more than 8m tonnes a year of LNG capacity, the NLNG SevenPlus Project. Dr Haynes said this project would target markets in North America.
The weekend shipment to the Lake Charles terminal in the US marks the beginning of the initial supply period to the buyers of production from trains 4 and 5 buyers BG, Eni, Iberdrola, Shell, Total and Transgas.
Together, the two trains form the NLNGPlus Project, which will supply European and North American destinations. Train 5 is currently being prepared for start-up.
NLNG is a joint venture company whose shareholders are the Nigerian National Petroleum Corp (49%), Shell Gas BV (25.6%), Total LNG Nigeria (15%) and Eni International (10.4%). The two trains will increase the company's LNG production capacity to more than 17m tonnes a year, while the venture has a sixth train under construction.
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