Thursday, May 28, 2026
32.2 C
Lagos

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

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

NGX Seeks Cross-Listing Opportunities with Nairobi Securities Exchange

Alhaji (Dr) Umaru Kwairanga, Group Chairman, Nigerian Exchange Group...

NAICOM Issues First Insurtech Licence, Reinforcing Commitment to Innovation, Market Integrity

L-R: Mr. Suleiman Olalekan Ajani, MD/CEO, CBI Insurtech and...

NDIC Reiterates Commitment to Strong Deposit Insurance Funding to Enhance Financial System Stability

L – R: Executive Director, Corporate Services, Nigeria Deposit...

CIIN Concludes Insurance Week 2026 with Awards Galore

L-R: Mrs. Ekeoma Ezeibe, President/Chairman of Council of NCRIB...

Topics

AfDB, ASEA Sign MoU to Develop Africa’s Capital Market

The African Development Bank (AfDB) and the African Securities...

SMILE Reintroduces 4GLTE SIM Proposition

Smile re-introduces its 4GLTE SIM offer backed by popular...

Verve Rewards Cardholders with Brand New Car, Prizes Worth N50m

L-R - Chuma Ezirim, FirstBank’s Group Executive, E-Business and...

Absa Seeks Stronger Private Sector Participation in Dev of Infrastructure in Nigeria

Sadiq Abu CEO Absa Nigeria Sadiq Abu, CEO of Absa Nigeria, has...

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

IATA: African Airlines Record 9.9% Traffic Rise in June

The International Air Transport Association (IATA) announced global passenger...

‘Govt Must Improve Farm Access, Security to Combat Malnutrition’

Mr. Remmy Nweke, National Co-ordinator, Media Centre Against Child...

Union Bank: Cardoso’s Remarks at MPC Meeting Aligns with Our Recapitalisation Journey

Union Bank of Nigeria has issued a statement reaffirming...
spot_img

Related Articles

Popular Categories

spot_imgspot_img