NNPC to build three LNG stations in Nigeria

State-run Nigerian National Petroleum Corp and its partners plan to build three liquefied natural gas (LNG) stations for vehicles in Nigeria.

NNPC said in a statement that the LNG stations would be located Ajaokuta, but it did not provide further details.

The company disclosed this on Thursday last week during the simultaneous commissioning of 12 CNG stations in Abuja and Lagos.

NNPC and its partners would have launched over 100 CNG stations in the next year, according to the firm.

NNPC has a 49 percent stake in Nigeria LNG, the operator of the six-train 22 mtpa facility on Bonny Island.

The company and its partners Shell, TotalEnergies, and Eni are also adding the seventh train to boost the capacity to about 30 mtpa.

Besides Nigeria LNG, NNPC is looking to develop floating LNG projects in Nigeria.

Last month, NNPC has executed a project development agreement (PDA) with Golar LNG for the deployment of an FLNG project offshore the Niger Delta.

NNPC said the PDA also outlines the monetization plan that will utilize about 400-500mmscf/d and produce LNG, LPG, and condensate.

The partners “have both expressed their commitment to achieve a final investment decision (FID) before the end of the fourth quarter of 2024 and first gas by 2027,” NNPC said.

Most Popular

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

More News Like This

Nigeria LNG seals long-term gas supply deals

LNG producer Nigeria LNG, a joint venture of NNPC, Shell, TotalEnergies, and Eni, has signed six long-term gas agreements to secure supplies for its Bonny Island plant, including the terminal's expansion.

Nigeria’s NNPC and Zuid Energies ink CNG, LNG pact

A unit of state-run Nigerian National Petroleum Corp has entered into a joint venture agreement with Zuid Energies to build a CNG and LNG plant in Ajaokuta.

Portugal’s Sines LNG import terminal hits new milestones

The Sines LNG import terminal in Portugal has reached two new milestones, according to Portugal’s power and gas firm and LNG terminal operator, REN.

Perenco secures FSU for Gabon LNG project

London-based oil and gas firm Perenco will deploy a 2003-built steam LNG carrier to serve as a floating storage unit for its LNG export project at Cap Lopez, Gabon.