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

Stanbic IBTC Pension Managers Champions Flexible Pension Solutions to Deepen Inclusion

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC...

Train 7 Hits 90% Completion, Generates 16,000 Jobs as NCDMB, NLNG Advance Local Content

The leadership of the Nigerian Content Development and Monitoring...

NCDMB to Launch Oil and Gas Trainers Certification

The Nigerian Content Development and Monitoring Board (NCDMB) is...

World Yeye Adesola Odeyeyiwa Day: Celebrating a Woman of Great Industry and Elegance

      By Goke Ilesanmi It is another WORLD YEYE ADESOLA ODEYEYIWA...

Topics

Digital Identity Will Foster Economic Growth – Interswitch Boss

Nigeria can unlock its full economic potentials if majority...

Stanbic IBTC Advocates Collaboration in Education Sector

As the economy gradually reopens amidst the impact of...

Global Airlines Financial Monitor: June 2018

The latest financial data from the industry show...

CBN Plans BVN Registration for MfB, PMI Customers

The Central Bank of Nigeria (CBN) has disclosed on-going...

Linkage Assurance Reports 24% Rise in Insurance Revenue to N27.6bn in FY 2025

Underwriting giant, Linkage Assurance Plc, delivered a robust operating...

Much Ado About Digital Loan Apps

By Elvis Eromosele Today, everyone is talking about digital loan...

$40 Smartphones to Transform Connectivity in Nigeria: Are Networks Ready?

At Mobile World Congress 2026, the GSMA and the...

Africa: Smartphone Shipment Grew 13.2% in Qtr2 2021

  Smartphone shipments into Africa grew 13.2% year on year...
spot_img

Related Articles

Popular Categories

spot_imgspot_img