Shell’s Falade is currently MD and CEO of Brunei LNG, the operator of one of the world’s oldest LNG export facilities in Lumut.
Falade will succeed Philip Mshelbila, who took over as CEO of Nigeria LNG in 2021.
Mshelbila assumed office as Secretary-General of the Gas Exporting Countries Forum (GECF) in Doha, Qatar, while Falade will assume CEO duties in April this year, according to NLNG.
Nigerian state-owned NNPC has a 49 percent stake in NLNG, UK-based Shell holds 25.6 percent, France’s TotalEnergies has 15 percent, and Italy’s Eni owns 10.4 percent.
The Bonny Island liquefaction plant currently has six trains and a capacity of 22 mtpa, but NLNG is also adding the seventh production unit.
The NLNG Train 7 project consists of the construction of one complete LNG train and one additional liquefaction unit.
Following completion, the project will add around 8 mtpa of capacity to the Bonny Island facility for a total of about 30 mtpa.
In addition to capacity expansion, NLNG’s shipping unit, Bonny Gas Transport (BGT), recently ordered three LNG carriers from Chinese shipbuilder Hudong-Zhonghua.
The Chinese shipbuilder will build three 174,000-cbm LNG carriers for BGT, marking the first collaboration between China and Africa in the field of LNG carrier construction.
