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The Nigerian National Petroleum Company (NNPC) Limited is a state-owned oil company in Nigeria. Still a fully-owned government company, it was transformed from a corporation into a limited liability company in July 2022. [ 1 ]
Bonny Gas Transport is a subsidiary of Nigeria LNG or NLNG which itself is an incorporated joint-venture of Nigerian National Petroleum Corporation (NNPC), Shell Gas B.V., TotalEnergies Gaz & Electricite Holdings and Eni International N.A. N. V. S.àr.l. It owns and operates a number of LNG tankers. [2]
The company has a wholly–owned subsidiary set up in 1989, [1] Bonny Gas Transport (BGT) Limited, which provides shipping services for NLNG. [22] BGT was set up in Bermuda with an ordinary equity holding from Nigeria LNG Limited and preferential equity holding from the sponsors, NLNG's shareholders.
Owner and operator of the terminal is Nigeria LNG (NLNG), a joint venture between Nigerian National Petroleum Corporation (NNPC), Shell Gas, Total, and Eni. [2]At this moment (2022), the terminal has six operational LNG processing facilities, four 84,200m³ LNG storage tanks, four 65,000m³ cooling tanks, and three 36,000m³ condensate storage tanks.
The joint venture is composed of NNPC (55%), Shell (30%), TotalFinaElf (10%) and Agip (5%) and operates largely onshore on dry land or in the mangrove swamp in the Niger Delta. "The company has more than 100 producing oil fields, and a network of more than 6,000 kilometres of pipelines, flowing through 87 flowstations.
This is a list of the world's largest non-governmental privately held companies by revenue.This list does not include state-owned enterprises like Sinopec, State Grid, China National Petroleum, Kuwait Petroleum Corporation, Pemex, Petrobras, PDVSA and others.
The company ramped up production to 65,000 barrels (10,300 m 3) of oil per day in 1984. In 1970, the firm's operating name was changed to Texaco Overseas Company of Nigeria. Gradually, the participatory interest became 60% for NNPC, 20% for Texaco (operator) and 20% for Chevron (previously Standard oil of California).
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. Most of these companies (defunct or thriving) had or have their head offices in Lagos State of Nigeria.