Page 17 - AfrOil Week 49
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AfrOil                                PROJECTS & COMPANIES                                             AfrOil



                         Its output will also include 400,000 tpy of naph-  since the coronavirus (COVID-19) pandemic
                         tha, 100,000 tpy of LPG, 300,000 tpy of coke and   began.
                         66,000 tpy of sulphur.                 Egyptian Petroleum Minister Tarek El-Molla
                           Years of declining production and rising   recently said the country could become self-suf-
                         consumption have led to Egypt becoming a net   ficient in petroleum products as early as 2023.
                         importer of fuel. It is investing in a raft of new   The government wants to build new processing
                         downstream projects to try to reverse this trend.   facilities and modernise existing ones, while also
                         But some have been put on hold or cancelled   rationalising consumption. ™


       NNPC head: NLNG shareholders




       now discussing Train 8 project






            NIGERIA      SHAREHOLDERS in the Nigeria LNG (NLNG)   the volume of production that is important. For
                         consortium have begun discussions on the con-  instance, Train 7 is adding almost close to what
                         struction of another production train at their   the current trains are doing,” he said.
                         natural gas liquefaction plant on Bonny Island.  He was referring to the fact that the Train
                           Mele Kyari, the group managing director of   7 scheme envisions the construction of a new
                         Nigerian National Petroleum Corp. (NNPC),   production unit that will add 4.2mn tonnes per
                         made an announcement to this effect earlier this   year (tpy) of new capacity to NLNG, as well as
                         week, during a briefing in Abuja. He told report-  the debottlenecking of existing trains, which will
                         ers that NLNG had begun talks at the behest of   contribute another 3.4mn tpy. (The consortium
                         President Muhammadu Buhari. The president   reached the FID stage on the project, which
                         noted that the group had acted quickly to make   will boost the Bonny Island plant’s production
                         a final investment decision (FID) on the Train 7   capacity from 22.5mn tpy to 30mn tpy, earlier
                         project and then urged it to take similar meas-  this year.)
                         ures to speed up work on the next production   Kyari did not reveal any details of the discus-
                         train.                               sions on Train 8, but he did say that NLNG and
                           “As we have done FID on Train 7, we have   its shareholders were committed to supporting
                         already started speaking to our partners to go   the Nigerian government’s efforts to promote
                         to Train 8. And indeed, [Buhari’s] question was   the use of gas and to expand LNG production.
                         that he was surprised that we are still on Train   Abuja views LNG initiatives as sources of “more
                         7,” Kyari was quoted as saying by This Day. “He   jobs, more employment, more expansion of the
                         thought we should be talking about Train 8, and   economy,” he remarked. “We agree with this and
                         I agree with him absolutely, because there was   we are also chasing that appropriately.”
                         enormous room for us to improve.”      NLNG was formed more than 20 years ago
                           The Nigerian government has said before   and has been producing LNG since 1999. Equity
                         that NLNG could eventually have as many as 12   in the consortium is split between state-owned
                         trains in operation, but the NNPC chief did not   NNPC, with 49%; Royal Dutch Shell (UK/Neth-
                         reveal whether that target was still in place. “[It’s   erlands), with 25.6%; Total (France), with 15%,
                         not the number of trains that is significant. It’s   and Eni (Italy), with 10.4%. ™






















                                                     NLNG’s six existing trains can produce 22.5 tpy of LNG (Photo: NLNG)



       Week 49   09•December•2020               www. NEWSBASE .com                                             P17
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