FACTS AND FIGURES ON NLNG 2018 FACTS AND FIGURES ON NLNG 2018 Above: At the public presentation of winners (2017 edition) of The Nigeria Prize for Science and The Nigeria Prize for Literature, both prizes wholly sponsored by NLNG, from left: Prof. Ayo Banjo of Literature Prize Advisory Board; Prof. Barth Nnaji of Science Prize Advisory Board; HRH Igwe Emeka Achebe, Obi of Onitsha; Prof. Jerry Agada of Literature Prize Advisory Board; Tony Attah, NLNG MD and Sadeeq Mai-Bornu, NLNG Deputy Managing Director. Top left: Some beneciaries of NLNG Post Graduate Scholarship Scheme Bottom left: NLNG ofcials, led by the Board Chairman Chief (Dr) O.R. LongJohn (fourth right), MD Tony Attah (in red tie), and the Deputy MD Sadeeq Mai-Bornu (third right), pay a courtesy call on Bonny Chiefs’ Council. Facts and Figures on NLNG 2018 Facts and Figures on NLNG 2018 Facts and Figures on NLNG 2018 is an annual compendium of information about Nigeria LNG Limited. This publication is produced by the Corporate Communication and Public Affairs Department of Nigeria LNG Limited. Managing Editor Andy Odeh Deputy Managing Editor Yemi Adeyemi Editor Emeka Agbayi More information on the company's operations can be found at www.nigerialng.com or www.nlng.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] facebook.com/nigerialnglimited youtube.com/NgLNG linkedin.com/company/nigeria-lng-limited twitter.com/nigeriaLNG Facts and Figures on NLNG 2018 CONTENTS The Company 7 Gas Supply 37 Management Prole 11 Commercial 41 Anti-Bribery and Corruption 19 Ship Manning 52 The Plant 23 Finance 57 NLNG and its Contributions Nigerian Content 61 to the Nigerian Economy 28 Health, Safety and Environment 70 Financial Transparency 35 Corporate Social Responsibility 76 Picture Captions for Outside Front Cover Page: Top Left: The flag-off ceremony of the N120billion, 34km Bonny–Bodo road in the Niger Delta being built by the Federal Government of Nigeria with 50% (N60bn) funding by Nigeria LNG Limited, performed by His Excellency, the Vice President of the Federal Republic of Nigeria Prof. Yemi Osinbajo SAN, GCON. The Vice President was received by Her Excellency, the Deputy Governor of Rivers State, Dr. (Mrs) Ipalibo Harry Banigo (extreme left), NLNG MD Tony Attah (in blue shirt and red tie) followed by the Chairman, NLNG Board of Directors, Chief (Dr.) O.R. LongJohn. Bottom left: The Deputy Managing Director, Sadeeq Mai-Bornu, and other staff on Management Facility Inspection during Train 3 Shutdown activities, 2017 Bottom Row, Middle Picture: NLNG’s Extended Management Team is proudly supported by efcient and happy professionals. Bottom Right: The Plant at night 3 4 5 Courtesy call on His Excellency, Nyesom Wike, Executive Governor of Rivers State in January 2018. From left: NLNG ofcials Salem Sallam, Manager, Government Relations; Sadeeq Mai-Bornu, Deputy Managing Director and Tony Attah, Managing Director. 6 Facts and Figures on NLNG 2018 The Company Nigeria LNG Limited (NLNG) was incorporated as a limited Our Vision liability company on May 17, 1989 to harness Nigeria's vast “…a global LNG company helping to build a better Nigeria.” natural gas resources and produce Liqueed Natural Gas (LNG) and Natural Gas Liquids (NGLs) for export. It is owned by Nigeria LNG Limited will be a global LNG company renowned for four shareholders, namely, the Federal Government of Nigeria, its operational excellence, cost leadership, high HSE standards, represented by Nigerian National Petroleum Corporation (49%), honesty and integrity. Shell (25.6%), Total Gaz Electricite Holdings France (15%) and Eni (10.4%). We help to build a better Nigeria by processing, shipping and marketing efciently and protably the country's gas resources and The company has two subsidiaries: Bonny Gas Transport (BGT) by putting out the ares, thus diversifying the economy and Limited and NLNG Ship Management Limited (NSML). minimising the environmental impact of our activities and products. Bonny Gas Transport Limited Bonny Gas Transport Limited was established in 1989, following We will set the standards in community relations and technology the incorporation of Nigeria LNG Limited, to provide shipping transfer, and actively promote the sustainable development of capacity for NLNG project. The company was set up with an Nigerian businesses. ordinary equity holding from Nigeria LNG Limited and preferential equity holding from the sponsors, NLNG's shareholders. We will provide to our shareholders a good return on their investment. NLNG Ship Management Limited NLNG Ship Management Limited (NSML) was set up in 2008 to We will provide an exciting and fullling place to work and the realise NLNG's vision of resourcing, developing and managing opportunity for staff to develop their potential. shipboard personnel for BGT vessels. Finally, we will execute and operate our business in Nigeria with an international outlook and mindset. 7 Facts and Figures on NLNG 2018 Our Mission To market, produce and deliver liqueed natural gas and natural gas liquids to buyers safely, reliably and protably, growing our company and its people to their full potential, and being a trusted partner with all our shareholders in the sustainable development of Nigeria's gas industry and NLNG host communities. Our People Nigeria LNG Limited's workforce comprises direct-hire staff and secondees from shareholder companies, working together to achieve the company's corporate objectives, through a set of shared values. Direct staff are recruited after rigorous interviews, following advertisement of vacancies on company's website and in national newspapers. Employment and appointments are made on merit, based on academic qualication, relevant work experience and competence. The shareholders appoint representatives to the Board of Nigeria LNG Limited. To execute the decisions of the Board is a Senior Management Team (SMT). Supporting the SMT are the Extended Management Team (EMT) and over 1,000 members of staff. Shared Values Integrity Teamwork Respect Excellence Caring 8 Facts and Figures on NLNG 2018 shipping, marketing and trading of natural gas and power in SHAREHOLDERS Europe, North America and Asia Pacic. It is a member of the Royal Dutch Shell Group of Companies which operates throughout the world in all subsectors of the petroleum industry. SGBV owns 25.6% of the shares in Nigeria LNG Limited. Nigerian National Petroleum Corporation (NNPC) Nigerian National Petroleum Corporation was established in 1977 under the laws of the Federal Republic of Nigeria. It is the corporate entity through which the Nigerian government Total Gaz Electricite Holdings France participates in the oil and gas industry. NNPC and its subsidiaries Total is a major integrated oil and gas company active in all dominate all sectors of the industry - exploration, production, sectors of the petroleum industry. It operates in more than 130 rening, pipelines, marketing, crude/product exports, and countries, and is, today, the fth largest publicly traded integrated petrochemicals. NNPC owns 49% of the shares in Nigeria LNG international oil and gas company in the world. In Nigeria, the Limited. company is one of the largest oil and gas producers through its involvement in more than 50 permits, including nine as operator. Total owns 15% of the shares in Nigeria LNG Limited. Shell Gas B.V. (SGBV) Shell Gas B.V. (SGBV) is a company incorporated under the laws Eni International (N.A.) N.V.S.a.r.l of the Netherlands. For more than 40 years, Shell Gas has been Eni is one of the world's major integrated oil and gas companies investing in and delivering some of the world's largest and most engaged in all sectors of the petroleum business. It is involved in complex gas projects. Besides its interest in Nigeria LNG Limited, exploration, development and production of oil and natural gas in Shell Gas holds the largest equity share of LNG capacity among 70 countries. Eni owns 10.4% of the shares in Nigeria LNG international oil companies, with a leading position in LNG Limited. 9 Facts and Figures on NLNG 2018 13. David Astwood BOARDS OF DIRECTORS 14. Sadeeq Mai-Bornu 15. Mark Gregory Company Secretary 1. Osobonye R. LongJohn Chairman 2. Tony Attah Managing Director NSML Board of Directors 3. Sadeeq Mai-Bornu Deputy Managing Director 1. Saidu Mohammed Chairman 4. Maikanti Baru 2. Sadeeq Mai-Bornu Vice Chairman 5. Folasade Yemi-Esan 3. Temilola Okesanjo Managing Director 6. Cordelia C. Agboti 4. Ladipo Fagbola 7. Bagudu Hirse 5. Olusegun Adebayo 8. Ronald Cochrane 6. Laurent Routisseau 9. Peter Costello 7. Tranquillo Doniselli 10. Nicolas Terraz 8. Godwill Dike 11. Oghenegwueke Ajaia 9. Eucharia Ezeani 12. Giorgio Vicini 10. Akachukwu Nwokedi Company Secretary 13. Akachukwu Nwokedi Company Secretary BGT Board of Directors 1. Osobonye R. LongJohn President 2. Tony Attah Vice President 3. Maikanti Baru 4. Folasade Yemi-Esan 5. Umaru Dahiru 6. Aleruchi Cookey-Gam 7. Ronald Cochrane 8. Olusegun Adebayo 9. Oghenegwueke Ajaia 10. Luc Gillet 11. Luca Bai 12. Donald H. Malcolm 10 Facts and Figures on NLNG 2018 He holds a Bachelor's degree in Mechanical Engineering from the MANAGEMENT PROFILE University of Ibadan and a Master of Business Administration from the University of Benin. He is a Fellow of the Nigerian Society of MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER Engineers (FNSE), member of Council for the Regulation of Engineering in Nigeria (COREN), and member of Society of Petroleum Engineers (SPE). Over his distinguished career across Europe, Russia and Africa, Tony has led multi-disciplinary teams across diverse cultures. He is renowned for his strong strategic and commercial mind-set which is underpinned by a solid technical background and excellent leadership capabilities. His goal in NLNG is to sustain the historical excellent performance, move the company to the next level and continue to make NLNG an inspiration to Nigeria and a company committed to helping build a better Nigeria.