By Abdulfatah Babatunde
The Decade of Gas plan is the most comprehensive plan to restore efforts towards fully harnessing Nigeria’s vast gas resources and ensure a reliable global supply of clean energy, the Managing Director of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has said.
Mshelbila made this remarks when a delegation from the European Union (E.U.) in Nigeria, led by the E.U. in Nigeria Commissioner for Energy, Ms Kadri Simson, visited NLNG’s plant on Bonny Island, Rivers State at weekend.
Briefing the delegation on NLNG’s operations and business, Mshelbila said the company isset to address challenges in the gas sector.
“What is needed to complete the plan is the firm will of all stakeholders and urgent action,” he said
NLNG boss noted that the remedy to industry challenges lies in a concentrated effort at making the gas sector work as “the country has huge potential as the sixth nation with the largest natural gas reserves”.
NLNG commitment to harnessing potentials of natural gas, he said, would not only restore Nigeria’s reputation as major energy powerhouse. “It will also propel us towards a cleaner, greener future.”
“With innovation, collaboration by stakeholders, including the government and investors, especially from Europe, and determination, we can shape the energy landscape of tomorrow.
“We can create more opportunities for gas supply globally, drive economic prosperity, create jobs, and mitigate environmental challenges through gas,” Mshelbila said.
He further highlighted that investment in Nigeria’s gas sector would wield a far-reaching influence on the global gas and LNG supply landscape.
This will ensure the world has continuous access to reliable and environmentally sound energy throughout the ongoing energy transition, he added.
NLNG boss hinted that the Train-7 project was about 50% complete. He said it would bolster NLNG’s production capacity to 30 million Tonnes Per Annum (MTPA) upon completion.
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Mshelbila added that NLNG was working on a plan to decarbonise.
“NLNG is also looking to the future for further expansion with more trains. These will act as catalysts for the continued advancement of the gas sector.”
Responding, Ms Simson, commended NLNG’s business model.
“The E.U. is accelerating its energy transition. But we also have a need to reinforce our ties with reliable LNG partners like Nigeria in the short-term horizon.
“This helps us to bridge the gap left by former Russian imports while we gradually transition away from fossil fuels.
“Nigeria has proven to be a reliable partner and last year, Nigeria exported 9.4 bcm of LNG to the E.U.
“But there is potential to do more – in particular between now and 2027,” she stated.
TheNewsZenith reports that during the visit, the delegation took tour of Central Control Room, plant complex and Train-7 construction site.
Four shareholders own the NLNG. These are Nigerian National Petroleum Company Limited (49%), Shell Gas B.V. (25.6%), TotalEnergies Gaz & Electricite Holdings (15%) and Eni International N.A.N.V.S.àr.l (10.4%).
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