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Shareholders

NLNG’s shareholding and governance structure is the first of its kind in the Nigerian oil and gas industry. 

The company is an Incorporated Joint Venture owned in the following proportions: Nigerian National Petroleum Corporation (NNPC) (49%), Shell Gas B.V.  (25.6%), Total Gaz Electricite Holdings France (15%), and Eni International N.A. N.V. S.àr.l (10.4%). 

The Company’s structure guarantees an independent Board of Directors at the pinnacle of its governance structure, which enables effective business decision making for the company. This structure has supported the achievement of the company’s vision of being a global company, helping to build a better Nigeria, as well as other critical success factors such as funding, transparency, accountability, sustainability, reliability and growth in the company, making NLNG arguably the most efficiently run Nigerian business in the industry.​

NNPC
Nigerian National Petroleu​m Corporation (NNPC)

Nigerian National Petroleum Corporation (NNPC) is the corporate entity through which the Nigerian government participates in all sectors of the nation’s oil and gas industry — exploration, production, refining, pipelines, marketing, crude/product exports, and petrochemicals. NNPC owns 49 per cent of the shares in Nigeria LNG Limited.

For more information, visit NNPC website.

Shell Gas B.V (SGBV
Shell Gas B.V (SGBV)
Shell Gas B.V. (SGBV) is a member of the Royal Dutch Shell Group of Companies which operates throughout the world in all subsectors of the petroleum industry. Shell Gas B.V holds the largest equity share of LNG capacity among international oil companies, and owns 25.6 per cent of the shares in Nigeria LNG Limited.

For more information, visit ​Shell website.

Total
Total Gaz Electricite Holdings France

Total Gaz Electricite Holdings France is a major integrated oil and gas company active in all sectors of the petroleum industry. In Nigeria, the company is one of the largest oil and gas producers through its involvement in more than 50 permits, including nine as operator. Total Gaz Electricite Holdings France owns 15 per cent of the shares in Nigeria LNG Limited.

For more information, visit ​Total website.​

Eni International (N.A.) N.V.S.a.r.l
Eni International (N.A.) N.V.S.a.r.l

Eni is one of the world's major integrated oil and gas companies engaged in all sectors of the petroleum business. The company is involved in exploration, development and production of oil and natural gas in 70 countries. Eni owns 10.4 per cent of the shares in Nigeria LNG Limited.

For more information, visit ​ENI International website.​​