Updated Sep 25, 2024
9/25/24
State-owned Nigeria National Petroleum Corp. Ltd. (NNPC) started deliveries of LNG exports to China last month after delivering its first cargo to Japan in June on a delivered ex-ship (DES) basis.
Africa’s largest LNG exporter is moving forward with projects to boost liquefaction capacity and natural gas production with international partners.
Depending on politics and investments, Sub-Saharan Africa (SSA) natural gas producers have a chance to become globally competitive LNG exporters within the next decade.
Heavy flooding, upstream gas supply issues and pipeline vandalism left the six-train Nigeria LNG (NLNG) facility on Bonny Island producing far below capacity last year, and the trend has largely continued in 2023.