Nnamdi Anowi, the general manager of production at NLNG, says the company plans to replace all its vessels with modern ships within the next decade.

Mr Anowi disclosed this during the World Leaders’ Panel session on Tuesday in Berlin, Germany, as part of the 2024 World LNG Summit and Awards.

“We are making significant strides in our shipping operations. Over the next 10 years, we aim to transition from our current steam-powered vessels to modern ships.

“Earlier this year, we took a major step by entering into a long-term chapter of our first modern ship, Aktoras, and we are already planning to acquire a second ship next year,” he said.

On the critical issue of net zero emissions, Mr Anowi said NLNG’s aspiration is to achieve net zero emissions by 2040. 

According to him, this goal is attainable by implementing a combination of solutions that include operational efficiency, natural sinks/offset projects, CCS, net zero expansion, digital solutions and shipping efficiency.

“Our pathway to net zero aligns with Nigeria’s target of reaching net zero by 2060, while many major players in the industry are aiming for 2050. We are actively expanding our initiatives in this area, including several low-carbon projects,” he explained.

Regarding Liquefied Petroleum Gas (LPG), Anowi noted that the company had committed 100 per cent of its LPG production (propane and butane) to the Nigerian market.

He pointed out the urgent need for cleaner energy, citing a report that revealed that not less than 100,000 Nigerians died yearly from smoke inhalation caused by cooking with firewood, predominantly affecting women and children.

“This underscores our commitment to sustainability. It’s important to recognise that about 80 per cent of Africans lack access to cleaner energy. When discussing sustainability, we can not overlook the necessity of providing energy to these communities,” he added.

On NLNG’s strategy, Mr Anowi said, “Our objective at Nigeria LNG is to maintain safety, enhance capacity, foster growth, and future-proof our business.”

Mr Anowi noted that NLNG was working diligently to improve its production capacity from 23 million tons to 30 million tons through its Train 7 Project.

(NAN)