HISTORY
Nigeria LNG was incorporated in 1989. In November 1995, a Final Investment Decision (FID) was signed by the Shareholders to build a Liquefied Natural Gas Plant in Finima, Bonny Island in Rivers State.
In December 1995, a consortium of engineering firms comprising Technip, Snamprogetti, M.V. Kellog and Japan Gas Corporation (TSKJ) was awarded a turnkey Engineering, Procurement and Construction (EPC) contract for the construction of the Plant, the Gas Transmission System and the Residential Area.
Construction of the plant site commenced in February 1996 and by August 1999, one of the two trains (Train 2) was completed.
On August 12 of the same year, the plant was ready for start-up, and production of LNG commenced on September 15. The second train of the Base Project, Train 1, came on stream on February 27, 2000. Train 3 came into operations in November 2002.
NLNGPlus, comprising Trains 4 and 5, came on stream in November 2005 (for Train 4) and February 2006 (for Train 5).
NLNG Six, came on stream in December 2007.
The plant has rapidly and successfully made the transition from a construction project to a stable production operation, with a robust delivery chain underpinned by relentless focus on asset integrity and HSE assurance.
This has made NLNG to achieve, within a short span, the status of a very reliable supplier of LNG in the Atlantic Basin, serving the European and North American markets.
TIMELINE
| Date |
Events |
| Oct' 2009 |
End of pioneer status which granted Nigeria LNG exemption from Companies Income Tax and Education Tax during the first ten years of production |
| Sep' 2009 |
NLNG celebrates twenty years since incorporation and ten years of production |
| May 2008 |
Nigerianisation of Managing Director position |
| Dec' 2007 |
Start-Up T6 |
| Oct' 2007 |
First Butane cargo loaded for domestic market. |
| Jun' 2007 |
T6 fully operational. |
| Dec' 2006 |
1000th Cargo. |
| Feb' 2006 |
Start-Up of Train 5. |
| Nov' 2005 |
Start-Up of Train 4 |
| Jul' 2004 |
Final Investment Decision (FID) by shareholders for Train 6 (NLNGSix). |
| Feb' 9 2004 |
Inauguration of The Nigeria Prize for Literature, The Nigeria Prize for Science, (worth $20,000 each), and The NLNG Charity Ball. |
| Jun' 25 2003 |
First Shipment of LPG from NLNG Plant, Bonny |
| Feb' 2003 |
Start-up of the LPG Facility |
| Dec' 21 2003 |
Signing of the $1.6 billion loan for NLNGPlus |
| Dec' 17 2002 |
First LNG Shipment from Train 3, three months ahead of schedule |
| Nov' 28 2002 |
Commencement of LNG production from 3rd Train |
| Nov' 7 2002 |
Train 3 Plant Ready for Start Up |
| Mar' 22 2002 |
EPC Contract Award to TSKJ for Trains 4 & 5 |
| Mar' 20 2002 |
Final Investment decision (FID) for Trains 4 and 5 |
| Oct' 1 2001 |
Commencement of Contract Year |
| Sep' 30 2001 |
End of Build Up Period |
| Sep' 18 2001 |
Signed Memorandum of Understanding for Micro Credit Scheme |
| Feb' 4 2001 |
Export of 100th Cargo |
| Sep' 21 2000 |
Plant Commissioning Ceremony |
| Aug' 5 2000 |
Export of 50th Cargo |
| May 25 2000 |
Export of first spot cargo |
| Apr' 4 2000 |
Export of First Condensate Cargo |
| Mar' 29 2000 |
Loading of Initial Supply Period (ISP) |
| Oct' 9 1999 |
Export of First Cargo |
| Sep' 15 1999 |
Commencement of Production |
| Aug' 1999 |
Train Two Plant Ready for Start-up |
| Feb' 1999 |
Final Investment Decision by Shareholders for Third Train |
| Sep' 1998 |
Completion of Gas Transmission System (GTS) |
| Jan' 1996 |
Commencement of Plant Construction |
| Nov' 1995 |
Final Investment Decision (FID) by Shareholders for base project |
| May 17 1989 |
Incorporation of Nigeria LNG Limited
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