Tony Attah

MD/CEO, NLNG

LNG Developments in NIGERIA:

Potential for Gas Based Industrialization...
Our World is changing very fast...

10 bn 2050
30%

Rise in Energy
7 bn TODAY Demand

2
More energy but not at all cost!
Environmental
2oC Sustainability

Affordable & Reliability &

Available Security
Gas is a suitable partner – Transition Fuel!

2oC Cleaner!

Affordable! Available!
Africa is still in darkness...

600million
People
50% still in the dark
Hope for AFRICA!

2000 2011 2013

Darkness | Corruption | Malaria | Famine | Insecurity

Opportunities for Nigeria!

7
NIGERIA… The Giant of Africa!

Largest Oil and Gas Exporter

in Africa!

>200m
Coa GAS ~200TCF
People ~37Billion
l Potential >600TCF Barrels
 Our Journey

1960 - 1989 1989 - 2019 2019→

(NEXT 30 YEARS)

T7 and Beyond

30 Years of
Preparation
(Dream/ Vision)
9
30 Years of Existence OUR FUTURE!!!
 Nigeria LNG Limited (NLNG)
….a global LNG company helping to build a better
Nigeria
OUR
SHAREHOLDERS
✓ Over 5,000 LNG cargoes
delivered
✓ 23 dedicated LNG Ships
✓ 6 LNG Trains: 22mtpa
✓ >$11Bn asset base
✓ $108bn in Revenue
✓ >$35Bn Dividends
✓ $8bn in Taxes
✓ Excellent Social
Performance
Gas Flaring
Reduction 65
Gas Monetization… %

<12%

Nigeria @ 200 TCF (9th) | Potential 4th ( + 600 TCF )

In the domestic space…
450kt+
Domestic LPG

Domestic LNG

Our Customers describe us as …

“RESPONSIBLE, RELIABLE AND TRUSTED”
12
Domestic LPG…
❖ Kerosene and
Firewood
❖ Diesel power
generation

SAFER!
AFFORDABLE AVAILABLE
CLEANER!
! !
13
Development of Host Community
Bonny-Bodo Road

❖ One of the Biggest CSR ❖ ~40 kilometers

Projects in Nigeria
❖ First Mainland Connection ❖ ~N120Billion
Community Health Insurance
Scheme
VERY
AFFORDABLE!

N10k
/Person

MALARIA
ERADICATION…
Signed MOU with
USAID/US CDC
 It’s NOT about WHAT YOU HAVE,
It’s WHAT YOU DO WITH IT!

GAS Rich!
Energy Poor!
Australia -128 TCF Malaysia - 97 TCF Indonesia -103 TCF NIGERIA - 200 TCF
Output: 88mtpa (3%) >29 mtpa (1.4%) >26 mtpa (1.2%) 22 mtpa (0.5%)

16
 Train 7… 8, 9, 10?
30MTPA

35% >$10Billion >12,000

JOBS
FDI

22MTPA
Local
Nigeria must raise her game on
gas!

18
The world is not waiting!

There is still coal

in
Enugu… Onyema Coal Mine, Enugu, 1973 19
The rise of Hydrogen!

Most abundant element in the Universe…

…H2 Needs GAS

Beyond Power…
Agriculture/fertilizers

Petrochemicals

Transportation/Aviation

Auto Gas
21
Decade of GAS… towards a GAS fueled Economic Transformation
2021 2030

What must we do?

Prove the Develop Ratify Relevant

600TCF! Infrastructure! Policies…PIB!
Challenge Supply Economics
GAS Pricing
s Customers’ Affordability
QATAR - Case Study
…From a Poor Fishing Country
to a Gas Giant
At a
glance…

11,521
Sq. km

3rd
2.7 Million $94K
People GDP/Capita
~25Billion ~ 900tcf
Barrels Gas Reserve
1995 - New beginning for Qatar – GAS!

Fast-tracked the development of

North Dome GAS Field

Train 1 RFSU
by 1996

1st Cargo delivered in 1997

Qatar became a GAS GIANT in a DECADE!

14 Trains
77MTPA

By 2006, Qatar became largest LNG exporter in the world…

Qatar made it count… Diversified
Economy!

Education City/
Research
Centre

~£40Billion
in UK Real
Estate

Majority
stake
Financial Centre in PSG
DUBAI used OIL! Qatar used
GAS!

NIGERIA has
BOTH

It is DECADE of Gas!!
… helping to build a better Nigeria