Nigeria LNG Limited was incorporated as a limited liability company on May 17, 1989 to harness Nigeria's vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for export.
The establishment of NLNG is backed by the NLNG Act.
The company is owned by four shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corporation (49%); Shell (25.6%); Total LNG Nigeria Ltd (15%) and Eni (10.4%).
It has wholly–owned subsidiaries: Bonny Gas Transport (BGT) Limited and NLNG Ship Management Limited (NSML).
With six trains currently operational, NLNG's plant, on Bonny Island in Rivers State, is capable of producing 22 Million Tonnes Per Annum (MTPA) of LNG, and 5 MTPA of NGLs (LPG and Condensate) from 3.5 Billion (standard) cubic feet per day (Bcf/d) of natural gas intake. NLNG's near term expansion plans include construction of a seventh train to complement the existing six train structure, which when in operation will up the company's total production capacity to 30 million tonnes per annum (MTPA) of LNG.
As the arrowhead of Nigeria's efforts to eliminate gas flaring, NLNG's operations have helped reduced Nigeria's Flaring Profile from 65% to below 25%. The company also supplies about 40% of the annual domestic LPG (Cooking Gas) consumption.
In all its business and social activities, NLNG's driving force remains its vision to help in building a better Nigeria.