"NNPC – Olokola LNG Plant – Lagos - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Nigerian National Petroleum Corporation (NNPC) is planning to undertake the Olokola LNG plant in Lagos, Nigeria.
The project involves the construction of an LNG plant which will produce 300,000 barrels a day of Liquefied Petroleum Gas (LPG) and and 15,000 barrels per day of Condensate, which will be sold as by-products. The Project will initially develop a 2×6.3 million tonnes per year of LNG and ultimate capacity up to 35 million tonnes per year.
The project will include the construction of marine berth for offloading LNG, four LNG trains each with a 5.5mtpa capacity, platforms and pipelines, offshore terminal, the installation of gas in-let facilities, sling catchers, and stabilizers, storage tanks for LNG, LPG and condensate.
Gas supply would initially come from Shell and Chevron operated joint ventures. Approximately 28.3 million m3 of gas a day would be required for each train, along with extra 14 million m3 per day for internal energy consumption.
It is designed to produce 22 million tons a year of LNG from LNG processing trains and also 2mtpa of liquefied petroleum gas and 200,000 barrels a day of condensate.
Construction works on the project commenced in the fourth quarter of 2011.
Delta Afrik Engineering Ltd has been awarded US$14.5 million FEED Contract.
Chevron, Shell and BG withdrew and abandoned the project for only the NNPC because the project economics does not justify investment on the project.
Project is facing delay and may get cancelled due to lack in financial investment in development.
The Olokola LNG plant project involves the construction of an LNG plant which will produce 300,000 barrels a day of LPG and condensates, which will be sold as by-products in Lagos, Nigeria.
The US$10,000 million project includes the following:
1. Construction of marine berth for offloading LNG
2. Construction of four LNG trains each with a 5.5mtpa capacity
3. Construction of platforms and pipelines
4. Construction of offshore terminal
5. Installation of gas in-let facilities, sling catchers, and stabilizers
6. Installation of storage tanks for LNG, LPG and condensate
7. Construction of control building, offices, and workshop