Nigeria to become 3rd world largest exporter of gas nlng official
You're referring to the recent development in Nigeria's natural gas industry!
Yes, you're correct. The Nigeria Liquefied Natural Gas (NLNG) Limited has announced that Nigeria is poised to become the third-largest exporter of liquefied natural gas (LNG) in the world.
According to reports, NLNG's Train 7 project, which is expected to come on stream in 2027, will increase Nigeria's LNG production capacity by 35% to 30 million tonnes per annum (MTPA). This will make Nigeria the third-largest LNG exporter globally, behind only Qatar and Australia.
The NLNG Train 7 project is a significant development for Nigeria's energy sector, as it will not only increase the country's LNG production but also generate significant revenue and create jobs. The project is expected to create over 10,000 jobs during the construction phase and over 2,000 jobs during the operational phase.
The NLNG Train 7 project is a testament to Nigeria's commitment to developing its natural gas resources and diversifying its economy. The project is also expected to contribute to the country's efforts to reduce its reliance on oil exports and increase its revenue from non-oil sources.
It's worth noting that Nigeria has been working to develop its natural gas resources in recent years, with a focus on increasing production and exports. The country has also been investing in infrastructure development, including the construction of new pipelines and storage facilities, to support its gas production and export ambitions.
Overall, the NLNG Train 7 project is a significant development for Nigeria's energy sector and a major step forward for the country's efforts to become a major player in the global LNG market.