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Who is the owner of LNG?

Who is the owner of LNG?

Shareholders. Nigeria LNG Limited is jointly owned in the following proportions: Nigerian National Petroleum Corporation (NNPC) owns 49%, Shell Gas B.V. owns 25.6%, Total LNG Nigeria Ltd owns 15% and Eni International owns 10.4%.

Is NLNG a government company?

The establishment of NLNG as a company is backed by the Nigeria LNG Fiscal Incentives, Guaranties and Assurances Act. Cap N87, Laws of Federation of Nigeria 2004 which, amongst other things, provides for the guarantees and assurances by the Federal Government of Nigeria to the Company and its Shareholders.

Who makes liquefied natural gas?

Cheniere Energy (NYSEMKT:LNG), the first company to export LNG from the lower 48 states (in 2016), has become America’s leading LNG producer.

What are the largest LNG companies?

Oil and gas supermajor Royal Dutch Shell is the largest independent publicly traded LNG company….

Characteristic Capacity in million metric tons per annum
Royal Dutch Shell (Netherlands, UK) 41
Cheniere Energy (US) 22.5
ExxonMobil (US) 22
Total (France) 20

What kind of company is Nigeria LNG Limited?

Nigeria LNG Limited (NLNG) is one of the world’s top 10 suppliers of LNG. NLNG was incorporated as a Limited Liability company on May 17, 1989, to harness Nigeria’s vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for export. The establishment of NLNG as a company is backed by

What is the abbreviation for liquefied natural gas?

Liquefied Natural Gas Limited (LNGL) and Australian Subsidiaries (in Liquidatiom) (collectively referred to as “the Companies”)

When did NLNG become a limited liability company?

NLNG was incorporated as a Limited Liability company on May 17, 1989, to harness Nigeria’s vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for export. The establishment of NLNG as a company is backed by the Nigeria LNG Fiscal Incentives, Guaranties and Assurances Act.

How much natural gas does NLNG produce per year?

Today, NLNG has a total production capacity of 22 Million Tons Per Annum (mtpa) of LNG and 5mtpa of Natural Gas Liquids (NGLs) from its six-train plant complex. NLNG has, within a short span of time, grown in status to become a reliable supplier of LNG in the Atlantic Basin serving the European, South American, Middle East, and Far East markets.