• NLNG Rebrands, Sees Better Prospects – Independent Newspaper Nigeria

    Nlng rebrands sees better prospects independent newspaper nigeria - nigeria newspapers online
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    LAGOS – Nigeria Liquefied Natural Gas Limited (NLNG) has officially unveiled a new logo, which emphasiSed its renewed dedication to inspiring a sustainable future.

    Dr. Philip Mshelbila, NLNG’s Group Managing Director/CEO, in his welcome speech at the event, said the new logo as a key element of the company’s rebranding initiative and a symbol of its forward-looking commitment to sustainability.

    Remiscing on NLNG’s journey, Mshelbila highlighted the company’s origin. 

     “NLNG began as a dream of our founding fathers and has evolved into a global force in the LNG industry.

    “Since our incorporation in 1989, we’ve pursued the dual mission of harnessing Nigeria’s gas resources for economic value while reducing gas flaring,” he said.

    He outlined the company’s growth, stating, “From one of the world’s fastest-growing LNG companies to becoming the fourth largest globally, we have stayed resilient, competitive, and innovative—even as market dynamics and players have shifted around us.”

    Mshelbila identified adaptability, resilience, and innovation as the foundation of NLNG’s success and longevity.

    “These principles have kept us thriving despite multiplying challenges,” he said.

    On the future, Mshelbila noted the importance of demographic changes, with the global population projected to reach 9 billion within 25 years and Africa becoming the second most populous continent.

    “As urbanization and industrialization drive energy demand, investments in cleaner, affordable energy are essential to ensure a balanced transition,” he explained.

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    He further emphasised the critical role of natural gas in bridging the energy gap.

    “Natural gas, being the cleanest fossil fuel, will remain vital in the global energy mix during the transition to sustainable alternatives,” he stated.

    “Between 1999 and 2023, NLNG converted over 80 trillion cubic feet of gas that would have been flared, transforming it into value for Nigeria and our stakeholders.”

    He also cautioned about Nigeria’s demographic outlook, according to him, “With Nigeria poised to become the third-most populous country, the absence of a strategic plan to harness this youth population could turn a demographic opportunity into a burden.

    He also charged the private sector and corporate organisations to partner with the government to address this challenge, starting with investments in education.

    To mark its 35th and 25th anniversaries, NLNG announced the launch of a special edition of its undergraduate and postgraduate scholarships for host communities, reinforcing its commitment to future generations.

    “This initiative aims to provide a lifeline to students, enabling them to unlock opportunities that will shape their future,” Mshelbila said.

    He also unveiled the company’s updated corporate strategy, which has evolved from “Keep it Safe, keep it Full, and Make it Grow” to include “Future-proof the Business.”

    This new direction, according to him, will be driven by NLNG’s transformation program, Toruku, an Ibani word meaning “the future.”

    “Through Toruku, we aim to maintain market leadership with operational excellence, while advancing plans in six key areas—people, energy transition, processes and technology, future opportunities, brand, and identity.

    “These six pillars will form the foundation of NLNG’s future growth and sustainability,” he revealed.

    Mshelbila reiterated NLNG’s vision, “We are not just building for today—we are building for a future where our successors, 35 years from now, will gather to celebrate even greater achievements than those we mark today.”

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