In January 2020, we signed a new 10-year supply contract for 1.5 million tonnes of liquefied natural gas (GNL) with the company Nigeria LNG Limited (NLNG), a joint venture between NNPC, Shell, Total and Eni (with a share of 10.4%). The agreement, together with the similar one signed in December with NLNG for 1.1 million tonnes of liquefied gas, will provide further volumes for our global LNG portfolio, beginning in 2021 and help develop our work in the main markets.
Our work in Nigeria
We have had a presence in Nigeria since 1962, when the Nigerian Agip Oil Co. Ltd (NAOC) was founded, and currently operate in the country’s Exploration & Production sector.
Exploration & Production
Annual oil and condensate production
Annual gas production
Annual hydrocarbon production
Deposits and gas development
In 2021, we operate over a developed and undeveloped acreage of 27,964 square kilometers (6,374 square kilometers net to Eni). In the development/production phase we operate onshore Oil Mining Leases (OML) 60, 61, 62 and 63 (Eni’s interest 20%) and offshore OML 125 (Eni’s interest 100%), OPL 245 (Eni’s interest 50%) and holding interests in OML 118 (Eni’s interest 12.5%). As partner of SPDC JV, the largest joint venture in the country, we also hold a 5% interest in 17 onshore blocks and in 1 conventional offshore block as well as a 12.86% interest in 2 conventional offshore blocks. In the exploration phase we operate offshore OML 134 (Eni’s interest 100%) and OPL 2009 (Eni’s interest 49%) and onshore OPL 282 (Eni’s interest 90%) and OPL 135 (Eni’s interest 48%). Eni also holds a 12.5% interest in OML 135. Eni’s oil and gas production averaged 84 kboe/day. In January 2021, Eni and the partners divested the onshore production and development block OML 17 (Eni’s interest 5%).
Construction of the Okpai and Ob-Ob thermoelectric power stations
The Okpai power plant, with an originally installed capacity of 480 MW, generated around 2.353 GWh in 2021, contributing around 6.4% of the total energy fed into the national transmission grid of the capacity available in the country. Okpai Phase 2, is designed to generate 450MW. The open cycle comprising two gas turbine generation trains were completed in 2019 and 2020, thereby increasing Okpai's originally available total generation capacity by 320 MW to over 800 MW. Okpai is the largest electricity generation plant built in the country by private operators. Also in Nigeria, since 2012, Eni has been supplying gas to third parties through the Ob-Ob plant, which, with a power station with an installed capacity of 150 MW, generates electricity for around 1 million beneficiaries.
The Bonny natural gas liquefaction plant
Last but not least, we have a 10.4% stake in Nigeria LNG Ltd, which operates the Bonny natural gas liquefaction plant in the eastern Niger Delta. The plant has a production capacity of 22 million tonnes of LNG per year, corresponding to around 35 billion m3 of feed gas per year. We have secured gas supplies to the plant under a gas supply agreement stemming from three joint ventures - the SPDC JV (in which Eni holds 5%), the TEPNG JV and the NAOC JV (in which Eni holds 20%). In 2021, the Bonny liquefaction plant processed approximately 970 bcf. LNG production is sold under long-term contracts and exported mainly to the United States, Asian and European markets by the Bonny Gas Transport fleet, wholly owned by Nigeria LNG, as well as is sold FOB by means of the fleet owned by third parties. In December 2019, Eni and its partners in Nigeria, Nigeria LNG (NLNG) have taken the final investment decision (FID) for the expansion project of the plant. This development, which is expected to be in operation in 2024, will increase its annual production capacity to more than 30 million tonnes per year (Mtpa).
The expansion will enable the production of an additional 7.6 Mtpa of liquefied natural gas (LNG), of which 4.2 coming from a new liquefaction train (Train 7) and 3.4 coming from the debottlenecking of existing trains. NLNG is a world class 6-train LNG plant, in operation since 1999, which in 20 years has delivered over 4,700 LNG cargoes around the world. With this expansion, it will become one of the world's most important LNG gas hub, and it will allow Eni and its partners to further leverage the country's abundant associated gas resources. In December 2019, the FID was sanctioned for the construction of the seventh treatment unit of the Bonny liquefaction plant (Eni’s interest 10.4%). The additional treatment unit will increase the actual production capacity to over 30 mmtonnes of year. Development activity is expected to be completed in 2024 with production start-up.
We create energy
We have set up the Green River Project to support young farmers in Nigeria and built a power plant to improve access to energy using local gas. In 2020 Eni’s programs to support local communities progressed with: access to energy initiatives, economic programs for diversification purposes (in particular with the Green River Project), professional training and scholarship programs and renovation and construction of health centers and supply of medical equipment. Moreover, in November 2022, through NAOC JV, we distributed food and essential goods to about 260 communities hit by recent floods in the Rivers, Bayelsa, Delta and Imo States.
Green River Project
The initiative was launched by the Nigerian Agip Oil Company (NAOC) in 1987 to promote more sustainable agricultural and food production. The first phase of the project involved training farmers, distributing high-yield agricultural seeds and multifunctional kits, promoting fishing-related activities and setting up cooperatives. In the second phase we also put in place a series of microcredit projects and launched the careers of nearly 4,000 young people in various sectors.GREEN RIVER PROJECT
No Poverty: End poverty in all its forms everywhere
Zero Hunger: End hunger, achieve food security and improved nutrition and promote sustainable agriculture
Gender equality is not only a fundamental human right, but a necessary foundation for a peaceful, prosperous and sustainable world.
Decent Work and Economic Growth: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Access to water in Nigeria
In 2018 we signed a three-year Collaboration Agreement with FAO (the United Nations Food and Agriculture Organization). The aim was to contribute to the humanitarian activities to help internally displaced people (IDPs) and host communities affected by the Lake Chad crisis, as well as to promote access to clean, safe water in the country by building wells powered by photovoltaic systems.SEE MORE
End poverty in all its forms everywhere
Ensure access to water and sanitation for all
Take urgent action to combat climate change and its impacts
Revitalize the global partnership for sustainable development
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