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NATURAL RESOURCES

Eni: Nigeria LNG Expansion Project launched

This development will increase the annual production capacity to more than 30 million tonnes per year (Mtpa) from the current 22.5 Mtpa.

San Donato Milanese (Milan), 27 December, 2019 – Eni and its partners in Nigeria LNG (NLNG) have taken the final investment decision (FID) for the expansion project of the liquefied natural gas (LNG) plant. This brownfield development, which is expected to start-up in 2024, will increase the annual production capacity to more than 30 million tonnes per year (Mtpa) from the current 22.5 Mtpa.

The expansion project will enable to produce an additional 7.6 Mtpa of LNG, of which 4.2 coming from one new liquefaction train (Train 7), and 3.4 coming from the debottlenecking of existing trains. NLNG is a world class 6-train LNG facility, in operation since 1999. In 20 years, the plant has delivered over 4,700 LNG cargoes around the world. With this expansion, it will become one the world’s most important LNG gas hub, and it will allow partners to further leverage Nigeria’s abundant associated gas resources.

Eni is a founding partner of NLNG and holds a 10.4% share. Other partners are NNPC (49%), Shell (25.6%), and Total (15%). This project will also add more than 1 Mtpa of capacity to Eni’s global LNG portfolio.

Eni has been present in Nigeria since 1962, with operated and non-operated exploration, development and production activities in the onshore and offshore areas of the Niger Delta. In 2018, Eni's equity hydrocarbon production amounted to 100,000 boe/day.

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