The Shell Petroleum Development Company Joint Venture (SPDC JV; NNPC 55%, SPDC 30%, Total 10%, NAOC 5%) has taken final investment decisions for the Trans Niger Pipeline loop-line (TNPL) and the Gbaran-Ubie Phase Two projects, both in Nigeria’s eastern Niger Delta. The total capital investment for the two bundles of projects is around US$3.9bn.
The Trans Niger Pipeline (TNP) is important for Nigeria, pumping some 180,000 bbl/d of crude oil to the Bonny Export Terminal and is part of the gas liquids evacuation infrastructure, critical for continued domestic power generation (Afam VI power plant) and liquefied gas exports. New investments in the TNP include improvements to make the pipeline better protected against crude oil theft and sabotage. The total capital investment for the TNPL project bundle is expected to be US$1.5bn.
The Gbaran-Ubie Phase Two project consists of five gas supply and infrastructure projects which are critical for the continued gas supply to the Nigeria Liquefied Natural Gas (NLNG) plant and the Gbaran-Ubie domestic power plant (IPP). The total investment for the Gbaran-Ubie Phase Two bundle is US$2.4bn. The expected peak production from these projects is 215 kboe/d (100%).
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) is the operator of an unincorporated joint venture (SPDC JV) with the Nigerian state oil company NNPC, Total E&P Nigeria Limited and Nigerian AGIP Oil Company Limited (NAOC).