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
spot_img

Hot this week

CIIN Boss, Yetunde llori, Bows Out, Lists Achievements in Office

Mrs. Yetunde llori, the President/Chairman of Council, Chartered Insurance...

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Regency Alliance Insurance Launches N7bn Private Placement

Regency Alliance Insurance Plc has officially launched a private...

Topics

‘Stability is Key to Sustainable Global Energy Future’

When looking at the global energy scene, it is...

The 2025 Almond Insurance Industry Awards Now Open for Voting

L-R: Mr. Obinna Chilekezie, Secretary, 2025 Almond Insurance Industry...

Stanbic IBTC Bank Nigeria PMI: Business Activities Expanded Further at End of 2025

The Nigerian private sector remained in growth territory at...

ADB, ECOWAS Hold Roundtable on Non-tariff Challenges

Representatives from trade ministries of the Economic Community of...

Kenya Plans $127m Fund to Boost Cyber-security in 2016

According to the 2016 report by International Data Corporation...

Stanbic IBTC PMI: Inflationary Pressures Mount over Fuel Subsidy Removal

The removal of fuel subsidy in Nigeria caused a...

With $1bn Worth of Investments, Proparco Marks 15 Years in Nigeria

Proparco, a French development finance institution, is proud to...

Universal Insurance Paid N1.2bn Claims in 5 Years

Mr. Ben Ujoatuonu Managing Director/CEO Universal Insurance Plc Universal Insurance Plc paid...
spot_img

Related Articles

Popular Categories

spot_imgspot_img