Oil & Energy
NLNG Bags NGA’s Gas Company Of The Year Award
Nigeria Liquified Natural Gas (NLNG) Limited, has been recognised for its outstanding contributions to the gas industry in Nigeria. This follows the com-pany’s clinching of the Gas Company of The Year Award at the recently concluded 12th Nigerian Gas Association (NGA) Biennial International Conference and Awards Ceremony.
Receiving the award on behalf of the Company virtually, the General Manager, External Relations & Sustainable Development, Mrs. Eyono Fatayi-Williams, noted that the award was an indication that NLNG was increasingly gaining relevance and importance in the natural gas subsector as a game-changer in Nigeria.
Fatayi-Williams observed that gas was an important commodity in the oil and industry sector of the economy.
According to her, ”It is indeed the Decade of Gas. Gas is undoubtedly the future. Gas is cleaner, cheaper, more abundant, and the smartest partner to rene-wables for sustainable development.
“Our success story is a testament to what is possible in this Decade of Gas. This is time for Nigeria to diversify its economy from oil and to fly on the wings of Gas. Our Train 7 will provide about $12billion in Foreign Direct investment to Nigeria and over 12,000 jobs at the peak of construction. Still, even at that, our ambition is to ramp up to Trains 8, 9, 10 and more, with the support of our shareholders and the Federal Government. The transformative effect of this increased use of our Nation’s abundant gas reserves on its economy will be wholly positive and thoroughly beneficial.”
She stated that the Company firmly believes that gas development will translate to more jobs, cleaner and cheaper energy, more industries, more food through fertilizers, cheaper transportation, and a much better quality of life for all Nigerians.
She commended the NGA for recognising NLNG’s resilience and excellent delivery amidst the COVID-19 global pandemic and ended the Companies’ acceptance speech by dedicating the award to a better and prosperous future for Nigeria on the heels of the Nation’s Decade of Gas.
She recalled that the NGA award was on the heels of the World LNG Summit and Awards in December 2020, where NLNG was adjudged to be one of the two organisations that have made most outstanding contribution to the industry globally.
NLNG is owned by four Shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corporation (49%), Shell Gas B.V. (25.6%), Total Gaz Electricite Holdings France (15%), and Eni International N.A. N. V. S.àr. l (10.4%).
By: Tonye Nria-Dappa