Sunday, March 22, 2026
31.3 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

Hot this week

Alleged Missing N210tn: SERAP Threatens Senate President, Akpabio to Publish Names or Face Legal Action

The Socio-Economic Rights and Accountability Project (SERAP) has urged...

Leadway Spotlights Women Making Waves Through Hersurred Initiative

Leadway, Nigeria’s leading non-banking financial and wellbeing conglomerate, has...

Tinubu Celebrates Nigerian Modernism at Tate Modern: A Historic End to a Historic Visit

L-R: Ofovwe Aig-Imoukhuede; Chairman of Access Holdings and Coronation...

Quest Merchant Bank Named Transaction Advisor for Nigeria’s Landmark Project BRIDGE Digital Infrastructure Initiative

L-R:  Project Lead, PIU Project Bridge, Jumoke Akande; Honourable...

Topics

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

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

20 New Millionaires Emerge from Fidelity Bank GAIM 6 Promo

L-R: Oyinkan Kusamotu, Principal Legal Officer, Lagos State Lotteries...

First Bank, FSDH Merchant Bank Reap $35Om ADB Loan

The Board of Directors of the African Development Bank...

How MVNOs Can Unlock Opportunities in Nigeria’s Telecom Amid Challenges

 By Elvis Eromosele Phenomenal is one word that has been...

‘Tier-Based Capitalisation Poses Threat to Insurance Sector’

Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc has...

CBN Grants Licence to 82 BDCs under Revised Guidelines

The Central Bank of Nigeria (CBN) in exercise of...

How FIFA Can Revive its Brand Image

Former FIFA Vice President Jack Warner, who was one of 14 people indicted in a massive bribery scandal, vowed to reveal new evidence against the world soccer's governing body and its embattled president, Sepp Blatter. It's just the latest blow to a brand in crisis. Right now, FIFA is engaged in a high-stakes "win or go home" game of penalty kicks, with the sponsors who line their pockets with billions of dollars on the offensive side of the shoot-out getting ready for their kicks, while its own embattled brand is in goal, gearing up to block and deflect anything that comes its way. Meanwhile, a global consumer audience that has celebrated the game for generations is blowing the whistle and pointing to the penalty spot, its trust on the line.
spot_img

Related Articles

Popular Categories

spot_imgspot_img