After decades of exporting liquefied natural gas from the country, the Nigeria LNG Limited has said it is engaging market players to begin domestic supply of the commodity.
The NLNG, which is jointly owned by the Federal Government and three international oil companies, was established 1989 to harness Nigeria’s vast natural gas resources and produce LNG and natural gas liquids for export.
According to him, the country has over 200 trillion cubic feet of proven natural gas reserves, the ninth largest in the world. The NLNG is jointly owned by the Federal Government, represented by the NNPC , and three IOCs, namely Shell , Total and Eni . According to him, 7.99 billion standard cubic feet of gas was produced in the country on May 7, 2020, out of which 3.51 billion scf was exported, 1.47 billion scf went to the domestic market, 2.54 billion scf used for re-injection/fuel and 534 million scf was flared.
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