Nigeria LNG’s long wait looks to be over
FID on a long-awaited expansion of the Nigeria LNG project looms. But the nation’s dreams of being a premier league producer have faded, at least for now
The buzz in the LNG community a little over a decade ago—when it was becoming increasingly clear that Qatar would become the dominant force in global LNG by 2010—centred on which country might become ‘the next Qatar’. In these pre-US shale gas revolution days, the two favoured contenders were Australia and Nigeria. “Between 1999 and 2006 we were deemed the fastest-growing LNG company in the world,” says Tony Attah, CEO of Nigeria LNG (NLNG), “because almost every 18 months we were adding a [liquefaction] train.” NLNG’s rate of progress was certainly rapid. The project’s first train – Train 2 as it turned out – started up in 1999 and by 2007 six trains were up and running (see fig.1), with
Also in this section
15 November 2024
With Chevron and AIM-listed Challenger Energy having completed their Uruguayan farm-out deal, Challenger CEO Eytan Uliel updates Petroleum Economist on the firm's progress in the frontier basin
14 November 2024
The country is seeking to secure its position as a major global refiner and meet rising domestic requirements
13 November 2024
IOCs are focused on the next wave of exploration activity in Namibia and are keen to learn from one another’s results