• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Sectors Energy

NLNG says Nigeria can be no. 1 oil, gas country in the world

Chike Olisah by Chike Olisah
July 7, 2021
in Energy, Spotlight
NLNG
Share on FacebookShare on TwitterShare on Linkedin

The Nigeria Liquefied Natural Gas (NLNG) has revealed that Nigeria has the potential to become the world’s number one oil and gas nation if deliberate efforts are put in to actualize that ambition.

This was disclosed by the Managing Director of NLNG, Mr Tony Attah, who was represented by Mrs Eyono Fatayi-Williams, General Manager, External Relations, NLNG, on Tuesday at the ongoing Nigeria Oil and Gas Conference in Abuja, according to NAN.

What the Managing Director of NLNG is saying

Attah said no country is ready to wait for Nigeria to develop its gas infrastructure as more African countries have emerged in the energy space.

RelatedStories

Dr. Philip Mshelbila

NLNG introduces $1,300 business grants for Rivers youths under new VIBES program 

April 29, 2025
London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 

London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 

February 25, 2025

The NLNG boss said, “We must prove the 600 tcf, develop infrastructure and enforce provisions of the gas pricing.

“With our current gas reserves, we are ninth in the world with potential to be the first depending on how ambitious we want to be as a nation and the deliberate actions that we must take to actualise this ambition.

“Our gas reserve utilisation when compared with two industry players – Australia and Indonesia, should challenge us to go for more market shows.

“No country will wait for us to catch up but will continue with their close ambitions. And with the emergence of more African countries such as Mozambique, Senegal and Mauritania in the energy space, we must ensure that our number one position in the continent is not threatened by a market status.

“Qatar and Australia are not resting on their oars but are aggressive about their growth ambitions, and Nigeria should not be different.’’

Attah further said that the development of the country’s gas sector would eventually determine its future and its infrastructure.

He said, “The flexibilities, the management space, disruption in the business environment means that our response to this reality is what will determine our future.

“Today, with the volatility in the business place, we must determine the future we want for ourselves as a gas nation.

“We need the understanding to deal with the uncertainty. And we are on that path. We must utilise our gas.”

He, however, expressed the optimism that the country would achieve its set ambition in gas with the inauguration of “Train 7” of its gas project.

What you should know

  • In a bid to fully utilize the country’s vast gas potential and diversify revenue sources, President Muhammadu Buhari, in June 2021, flagged off the construction of the $10 billion Nigeria Liquefied Natural Gas (NLNG) train 7 project, asking for timely completion of the project.
  • Attah said that 12,000 direct jobs, 40,000 indirect jobs and $10 billion Foreign Direct Investment (FDI), were some of the benefits that would follow the “Train 7” gas project upon completion as well as boosting the domestic gas supply of LPG by 35% from the 350,000 metric tonnes to over 470,000 metric tonnes.
Tags: MRS Oil Nigeria - NewsNigeria Liquefied Natural GasNLNG
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

Dr. Philip Mshelbila
Energy

NLNG introduces $1,300 business grants for Rivers youths under new VIBES program 

April 29, 2025
London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 
Energy

London court orders Nigeria’s NLNG to Pay $380 million over undelivered cargoes 

February 25, 2025
Nigeria’s LNG exports drop by 20% as pipeline vandalism persists  
Energy

Nigeria’s LNG exports drop by 20% as pipeline vandalism persists  

January 30, 2025
FG proposes 30% advance payment from NLNG to expedite Bodo-Bonny road project 
Real Estate and Construction

FG proposes 30% advance payment from NLNG to expedite Bodo-Bonny road project 

October 7, 2024
Oba Otudeko loses N371 million from his Honeywell flour stake in a single day
Legal & Regulations

Former First Bank staff accuses billionaire Oba Otudeko of enormous fraud 

August 19, 2024
Alhaji Mohammed Idris,
Energy

Fuel subsidy removal slashed domestic consumption of petrol by 50% – Idris Mohammed 

August 9, 2024
Next Post
DPR reveals 4 major areas of focus for downstream operations of oil and gas sector, post covid-19, Engr. Sarki Auwalu, Engr. Sarki Auwalu

DPR lists 5 ways to strengthen Nigeria oil, gas sector

Comments 1

  1. Can says:
    July 7, 2021 at 8:54 am

    What change will that bring to our people.?
    None. Noone is interested in the position of Nigerian oil.
    A country that can’t run itself.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Okra charts new path to scale payments business  
  • EFCC arraigns Bigibet gaming platform founder Adepoju Abiodun for alleged N855m fraud  
  • Unleash Your Inner Hustle: The TECNO Spark 40 is HERE! 

Follow us on social media:

Recent News

Okra charts new path to scale payments business  

Okra charts new path to scale payments business  

July 8, 2025
efcc

EFCC arraigns Bigibet gaming platform founder Adepoju Abiodun for alleged N855m fraud  

July 8, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics