NLNG’s Business Practice in Corporate Governance Guided by Integrity

Setting the Standard:
NLNG’s Commitment to
Ethical Business and
Good Governance

NLNG’s Business Principles guide alltransactions and shape the expected behavior of employees in every aspect of the business. These principles emphasize leadership, accountability, and teamwork, contributing to the company’s success. Management ensures employees understand and adhere to these principles, providing safe channels to report concerns.

NLNG adopts international best practices in corporate governance,
with a 12-member Board of Directors overseeing compliance, safeguarding shareholder interests, and ensuring transparent communication and corporate
responsibility. The Board leads the company in achieving its strategic goals, maintaining strong governance, and regulatory standards.

With over 1,000 employees—95% of whom are Nigerians—NLNG’s workforce is further supported by thousands through business partners and service providers. Our core operations, focused on the liquefaction, marketing, and shipping of LNG and NGLs, offer diverse career opportunities for skilled professionals.
Headquartered in Port Harcourt, with offices in Abuja, Lagos, and London, many employees live and work on Bonny Island. Since incorporation in 1989, NLNG has grown into a successful company, delivering its first LNG cargo in 1999 and completing its sixth train in 2008, thanks to the dedication of our people and adherence to our core values.

The Principles That Power NLNG

Safety and Health

Upholding high standards in health, safety, and environmental performance in every aspect of the business.

Integrity

Conducting business with fairness, adhering to ethical standards, and building trust with stakeholders.

Teamwork

Encouraging collaboration and the collective success of diverse professionals.

Respect

Respect is integral to our corporate culture. We recognize that our strength comes from different perspectives and experiences.

Excellence

Consistently striving for high performance, safety, and efficiency across all business activities.

CAREING

We put people first, ensuring the well-being of our employees, communities, and the environment.

The Management Team

Board of Directors

HRM Edmund M. Daukoru
Amb. Nicholas A. Ella
Mr. Martinus de Jong
Dr. Philip Mshelbila
Engr. Henry Ikem Obih
Mrs. Florence Ilaka
Olakunle A. Osobu​
Dr. Rabiu Suleiman
Mr. Matthieu Bouyer​​
Mallam Mele Kolo Kyari
Mr. John Jansen
Mr. Simone Celestino​

Shareholders

NLNG’s shareholding and governance structure is unique within Nigeria’s oil
and gas industry. It operates as an Incorporated Joint Venture with ownership distributed as follows: Nigerian National Petroleum Company Limited (NNPC) holding 49%, Shell Gas B.V. with 25.6%, TotalEnergies Gaz & Electricité​ Holdings at 15%, and Eni International N.A. N.V. S.àr.l at 10.4%.

This structure ensures an independent Board of Directors, which plays a key role in driving effective business decisions. It has enabled NLNG to realize its vision of becoming a global player while contributing to Nigeria’s development. The governance model emphasizes transparency, accountability, sustainability, and reliability, positioning NLNG as one of the most efficiently managed companies in the industry.

Driving NLNG’s Shipping Capabilities with Global Impact

Bonny Gas Transport Limited

Bonny Gas Transport Limited, initially named Enellengee Limited,​​ was incorporated in 1989​ following the incorporation of Nigeria LNG Limited (NLNG), to provide shipping capacity for NLNG. BGT owns and operates LNG tankers that transport NLNG’s products to its buyers. The Company is owned by NLNG and its shareholders.

NLNG Shipping and Marine Services Limited​

NLNG Shipping and Marine Services Limited (NSML) is a private Limited Liability company and a subsidiary of NLNG. Initially incorporated in 2008 as a manning company, it began full operations in 2010. NSML transitioned to a ship management company in 2014, integrating NLNG’s vessel management
activities, and expanded its services to
include training, fleet management, and terminal management. In 2023, it was renamed NLNG Shipping and Marine Services Limited, focusing on meeting the evolving challenges in the maritime sector.