The Outlook for Nigerian Gas and LNG

Nigeria has immense hydrocarbon wealth and took over 20 years to reach FID on Nigeria LNG.  In 10 years after FID, Nigeria LNG surpassed 20 Mtpa of production becoming at one time the 3rd largest global producer. The country spent over a decade pursuing an ambitious Nigerian Gas Master Plan with a massive planned expansion of gas supply to industry and power generation with limited success, and fifteen years have elapsed since NLNG T6 FID with three LNG projects competing for the next FID unsuccessfully. This paper seeks to review recent developments and provide an outlook for a new wave of natural gas and LNG growth from Nigeria including the potential competitiveness of NLNG T7 now under FEED and aiming for an FID in 2019-20.

By: Claudio Steuer

Categories:

Gas , Gas Programme

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