Nigeria 🇳🇬 to Become Third World 🌏 Largest Exporter of Gas❗

Nigeria 🇳🇬 to Become Third World 🌏 Largest Exporter of Gas❗

The Nigeria Liquefied Natural Gas Ltd., says its ongoing plans to reach a Final Investment Decision on its Train-7 project by December will make Nigeria the 3rd World largest gas exporter.

The NLNG General Manager Production, Mr Tayo Ogini, said this on Saturday while making a presentation on the facility located at Bonny Island on Saturday.

According to the presentation, Nigeria is presently the fourth exporter of gas in the world. The NLNG has six operational trains (gas plants).

The first train was built in 1989 but by 2007 till date, plans to build Trains 7 and 8 were shelved.

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.

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