A number of major gas projects are under way, and more are being planned. The largest and most significant of these projects is the Liquefied Natural Gas Project (LNG). The LNG project, with a development budget of approximately $5 billion, is a joint venture with 4 shareholders- NNPC (49%), Shell Gas (25.6%), CLEAG-(an ELF subsidiary)(15%), and Agip (10.4%). Shell are the technical managers to the project.
The project is being built at Bonny Island, in Rivers State, and will consist of a 2 train liquefaction plant, a gas treatment system, transmission pipelines, a loading terminal and storage tanks. Initial gas supply will be from non-associated gas reserves. Shell, Elf and Agip are all developing projects which will gather gas from their various fields, and the project is expected to process 750 million cubic feet of gas daily.
Other gas projects include the Escravos gas-gathering project developed by Chevron to recover associated gas from its offshore fields. The first phase of the project is completed, and first shipment of liquefied petroleum gas (LPG) was in September 1997. The plant processes 185 million cubic feet of associated gas daily. Engineering studies have recently been contracted for the 2nd phase of the project. Development of a domestic gas market is also being promoted by a new company, Shell Nigeria Gas.
Another major project currently underway is the development by a Mobil/NNPC joint venture of the Oso NGL (Natural gas liquids). The Mobil Oso field was commissioned in 1992, and produces 110,000 bbls/day of condensate. Contracts for the 2nd phase NGL plant we
re awarded in 1995. Reserve estimate for the NGL’s is around 350 million barrels. The project is due for completion at the end of 1998.
There are plans for the construction of a Trans West African pipeline to supply natural gas to Benin Republic, Togo, and Ghana. The gas is intended to be used to generate electricity in the three countries, and would require the construction of about 600 kilometres of pipeline. The World Bank has shown interest in providing project finance, and both Shell and Chevron have shown an interest in the project.

Recently many contracts were being awarded by nigeria oil and gas company to four oil contractors as listed below:

TYCOON OIL AND GAS INTERNATIONAL CONSULTANTS
Contract negotiations/preparation joint ventures business development
Promotion-translations French/English oil and gas contracts, petroleum industry documents, laws Tycoon Oil and Gas International Consultants is a consulting firm based in London, Nigeria, and dedicated to the west African market, mainly specialized in the Oil and Gas Industry (Exploration and Production, Drilling, Support Services, Equipment Supplies, Downstream, etc ...).

The TYCOON OIL AND GAS INT’L owned and managed by Mr. Stephen Peter, a British citizen was awarded a contract of worth of approximately of $ 100, 000, 000.00 (One Hundred Million) USD for crude oil exploration and exportation by the Nigerian Oil and Gas on 7th january 2008 in Abuja by the nigeria oil and gas minister.
UK Office: 82, Bromlevtary close, Bri Bromley, London United Kingdom
Tel: +447031898508
Nigeria Office : 228 presidential roads Garrki Abuja Nigeria
Tel: +2348034277587
E-mail:oil_tycoon85@yahoo.com
Contract No.NOG113GP

VICTORIA CHAMBERS-Provides consultancy services for companies and individual interested in investing the oil and gas sector in Nigeria.

Victoria chambers was awarded $30,000,000.00(Thirty Million) USD

Contract No.NOG339GP
Contact: Frank Chinedu
Office: 19 Asata Close Rumogpa, Port Harcourt Nigeria
Tell: 08063471490

Adebo - Kiencke & Co - Legal specialist representing the interest of various multinational oil companies. The firm offers advisory services, and handled registration, expatriate quota and resident permit applications and also offers client regular briefing on policy and legal matters.

Contract No.NOG447GP
Office: 9th Floor, Western House, Lagos, Nigeria.

Adebo - Kiencke & Co was awarded $30,000,000.00(Thirty Million) USD

Lake Oil and Gas provide oil services of the highest quality to energy and gas industry Nigeria.

Lake Oil and Gas was awarded $35,000,000.00(Thirty Five Million) USD for oil well servicing and maintenance
Contact: Ladekpo Soetan
E-mail:
Contract No.NOG418GP