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2015 Facts and Figures on NLNG FACTS & FIGURES ON NLNG 2015 2 F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 Facts and Figures on NLNG 2015 Facts and Figures on NLNG is an annual compendium of facts about Nigeria NLNG Limited. This publication is produced by the Corporate Communication and Public Affairs Department of Nigeria LNG Limited. More information on the company's operations can be found at www.nigerialng.com All correspondence to: Nigeria LNG Limited, Intels Aba Road Estate, KM 16, Port Harcourt-Aba Expressway, Port Harcourt, Rivers State. Nigeria. Phones: +234 (0) 803 907 4000, 802 473 4000, (0) 84 28 4000 E-mail: [email protected] F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 3 4 F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 Contents The Company 7 Management Profile 12 The Plant 23 NLNG and its Contributions to the Nigerian Economy 29 Gas Supply 38 Commercial 40 Shipping 44 Financing 57 Nigerian Content 61 The Environment 68 Community Relations and Development 76 The Prizes: The Nigeria Prize for Science, The Nigeria Prize for Literature and The Nigeria Prize for Literary Criticism 91 F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 5 6 F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 Bonny Gas Transport Limited THE COMPANY Bonny Gas Transport Limited was established in 1989, following the incorporation of Nigeria LNG Limited, to provide Nigeria LNG Limited (NLNG) was incorporated as a limited shipping capacity for NLNG project. liability company on May 17, 1989 to harness Nigeria's vast natural gas resources and produce Liquefied Natural Gas The company was set up with an ordinary equity holding from (LNG) and Natural Gas Liquids (NGLs) for export. Nigeria LNG Limited and preferential equity holding from the sponsors, NLNG's shareholders. It is owned by four shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National NLNG Ship Management Limited Petroleum Corporation (49%), Shell (25.6%), Total LNG NLNG Ship Management Limited (NSML) is another Nigeria Ltd (15%) and Eni (10.4%). wholly–owned subsidiary of NLNG. The company has two wholly–owned subsidiaries: Bonny Gas The company was set up in 2008 to realise NLNG's vision of Transport (BGT) Limited and NLNG Ship Management Limited resourcing, developing and managing shipboard personnel for (NSML). BGT vessels. F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 7 Our Vision growing our company and its people to their full potential, and …a global LNG company helping to build a better Nigeria. being a trusted partner with all our shareholders in the sustainable development of Nigeria's gas industry and NLNG Nigeria LNG Limited will be a global LNG company host communities. renowned for its operational excellence, cost leadership, high HSE standards, honesty and integrity. Our People Nigeria LNG Limited's workforce comprises direct-hire staff We help to build a better Nigeria by processing, shipping and and secondees from shareholder companies, working together marketing efficiently and profitably the country's gas resources to achieve the company's corporate objectives, through a set and by putting out the flares, thus diversifying the economy of shared values. and minimising the environmental impact of our activities and products. Direct staff are recruited after a rigorous interview, following the advertisement of vacancies on the company's website and We will set the standards in community relations and in national newspapers. Employment and appointments are technology transfer, and actively promote the sustainable made on merit, based on academic qualification, relevant development of Nigerian businesses. work experience and competence. We will provide to our shareholders a good return on their The shareholders appoint representatives to the Board of investment. Nigeria LNG Limited. To execute the decisions of the Board is a Senior Management Team (SMT). Supporting the SMT are We will provide an exciting and fulfilling place to work and the Extended Management Team (EMT) and over 1,000 the opportunity for staff to develop their potential. quality staff. Finally, we will execute and operate our business in Nigeria Shared Values with an international outlook and mindset. Integrity Teamwork Our Mission Excellence To market, produce and deliver liquefied natural gas and Caring natural gas liquids to buyers safely, reliably and profitably, 8 F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 leading position in LNG shipping, marketing and trading of SHAREHOLDERS natural gas and power in Europe, North America and Asia Pacific. It is a member of the Royal Dutch Shell Group of Companies which operates throughout the world in all sub- sectors of the petroleum industry. SGBV owns 25.6% of the shares in Nigeria LNG Limited. Nigerian National Petroleum Corporation (NNPC) Total LNG Nigeria Limited Nigerian National Petroleum Corporation was established in Total is a major integrated oil and gas company active in all 1977 under the laws of the Federal Republic of Nigeria. It is sectors of the petroleum industry. It operates in more than 130 the corporate entity through which the Nigerian government countries, and is, today, the fifth largest publicly traded participates in the oil and gas industry. NNPC and its integrated international oil and gas company in the world. In subsidiaries dominate all sectors of the industry—exploration, Nigeria, the company is one of the largest oil and gas production, refining, pipelines, marketing, crude/product producers through its involvement in more than 50 permits, exports, and petrochemicals. NNPC owns 49% of the shares including nine as operator. Total owns 15% of the shares in in Nigeria LNG Limited. Nigeria LNG Limited. Shell Gas B.V. (SGBV) Eni International (N.A.) N.V.S.a.r.l Shell Gas B.V. (SGBV) is a company incorporated under the Eni is one of the world's major integrated oil and gas laws of the Netherlands. For more than 40 years, Shell Gas companies engaged in all sectors of the petroleum business. It has been investing in and delivering some of the world's is involved in exploration, development and production of oil largest and most complex gas projects. Besides its interest in and natural gas in 70 countries. Eni owns 10.4% of the shares Nigeria LNG Limited, Shell Gas holds the largest equity share in Nigeria LNG Limited. of LNG capacity among international oil companies, with a F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 9 NLNG Board of Directors Luc Gillet Osobonye R. LongJohn Chairman Donald H. Malcolm Babs Omotowa Managing Director/Chief David Astwood Executive Officer Malcolm Mitchell Company Secretary Isa Mohammed Inuwa Deputy Managing Director Dr. Joseph Dawha Dr. Jamila Shu'ara NSML Board of Directors Cordelia C. Agboti David Ige Chairman Bagudu Hirse Isa Mohammed Inuwa Vice Chairman Ruud de Jongh Akachukwu Nwokedi Ag. Managing Director Markus Droll Maikanti Baru Oghenegweke Ajaifia Aydin Esener Elisabeth Proust Temilola Okesanjo Carlo Bottaro Laurent Routisseau Edith Unuigbe General Counsel/ Antonino Fiore Company Secretary Edith Unuigbe Company Secretary BGT Board of Directors Osobonye R. LongJohn President Babs Omotowa Vice President Isa Mohammed Inuwa Dr. Joseph Dawha Dr. Jamila Shu'ara Aleruchi Cookey-Gam Umaru Dahiru Ruud de Jongh Aydin Esener Oghenegweke Ajaifia Antonino Fiore 10 F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 F a c t s a n d F i g u r e s o n N L N G 2 0 1 5 11 He holds a degree in Industrial Chemistry and a Master of MANAGEMENT PROFILE Business Administration (Operations Research) from the University of Ilorin. He also holds a Master of Business Administration (Supply Chain Management) from University of Leicester, United Kingdom and he is a Fellow of the UK Chartered Institute of Procurement and Supply. After a stint as a chemistry and mathematics teacher at Bishop Smith College, Ilorin, he joined SPDC in 1993 where he started his career as a management trainee and rose rapidly to senior operations roles in the Western Operations in Warri, before he went on international assignments with Shell in the United Kingdom, Holland, and Norway, serving in various managerial roles in Production, Shipping and Business Babs Omotowa Improvement. He returned to Nigeria in 2006 as General Manager Supply Chain for Shell Nigeria Exploration and Production Company (SNEPCo) and later SPDC. MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER Babs Omotowa is the Managing Director/Chief Executive Over his distinguished career across Europe and Africa, Babs Officer of Nigeria LNG and the Vice President of Bonny Gas has been renowned for strategic transformation, successful Transport. He is also the current Global President of the turnaround, as well as maximizing value chains. His goal in Chartered Institute of Procurement and Supply (CIPS) NLNG is to sustain the historical excellent performance, move headquartered in the United Kingdom. the company to the next level and make NLNG an inspiration to Nigeria. Babs has over 20 years experience in the oil and gas industry, and prior to his current role at Nigeria LNG Limited, he was a Babs is epitomised by his personal core values of Humility, Vice President in Shell Sub-Sahara Africa, a Director of Shell Modesty, Diligence, Excellence and Integrity.
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