NLNG: No Flood Impact on Operations Nationwide

The attention of Nigeria LNG Limited (NLNG) has been brought to media reports, following the issuance of a statement declaring Force Majeure on Monday 17th October 2022, that operations at its facilities have been shut down due to flood. 

NLNG will like to clarify as follows: 

  • The Company’s plant is in operation though at a limited capacity, due to reduced gas supply from some of its upstream gas suppliers. 
  • None of NLNG’s assets on Bonny Island or in any of its host communities are impacted by the flood. The Force Majeure is as a consequence of a similar notice by Upstream Gas Suppliers due to the impact of flood in their production facilities. 
  • NLNG is working with all critical stakeholders on mitigating the impact on product deliveries.  
  • NLNG continues to supply LPG to the domestic market for now from the limited production. 

A statement by Mr. Andy Odeh, the General Manager, External Relations and Sustainable Development at NLNG says the NLNG continues to monitor the situation with Upstream Gas Suppliers and is evaluating the impact of the flood on its business.

 

spot_img
spot_img
spot_img
spot_img

Hot this week

NCC Chief, Aminu Maida, is Special Guest of Honour at Business Journal Fintech & Financial Inclusion Roundtable 2026

Dr. Aminu Maida, Executive Vice-Chairman/CEO, Nigerian Communications Commission (NCC)...

WorldStage to Present Nigeria’s Economic Report Q1 2026 at Business Forum

World Stage Limited (WorldStage), a Nigerian-based research and technology-driven global focused firm...

NAICOM Chief, Segun Omosehin, Attends Africa Re AGM in Abuja

L-R: The Honourable Minister of Finance and Co-ordinating Minister...

Topics

Min of Niger Delta Affairs: How Far Can Umana Go?

By Haniel Ukpaukure Umana Okon Umana, Minister in charge of...

Heirs Insurance Group Launches “Unwrapping Smiles” Campaign to Bring Hope this Festive Season

Heirs Insurance Group, Nigeria's fastest-growing insurance group, has announced...

Almond Insurance Consumers Forum, Nite Set for Nov 22

Almond Productions Limited, promoters of the annual Insurance Consumers'...

Remittances to Sub-Saharan Africa Declines to $37bn over COVID-19

Remittances to Sub-Saharan Africa registered a small decline of 0.5 percent...

A Journey of Change: The Power of Making Bold Decisions

The book-A Journey of Change by Mr. Kayode Adeagbo,...

Stanbic IBTC Pension Managers Champions Nigerian Art with ART X Lagos Sponsorship

Stanbic IBTC Pension Managers has again made a significant...

Corruption: A Burden on Nigerian Businesses—Allianz Report

The Allianz Risk Barometer 2018 report reveals theft, fraud and corruption as the...

CBN Bars UBA, First Bank, FCMB from Forex Transactions

The Central Bank of Nigeria yesterday barred United...
spot_img

Related Articles

Popular Categories

spot_imgspot_img