Saturday, February 21, 2026
26.6 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

Open Alliance to FG, NASS: Conduct Population Census Ahead of 2027 Elections

Open Alliance, a coalition of civil society organisations working...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

NLNG Emerges Overall Champion at 20th Nigeria Oil & Gas Industry Games

Team NLNG celebrates being crowned overall champions at the...

Nigeria Secures Permanent Seat on the Board of African Central Bank

During the just-concluded 39th Session of the Executive Council...

Topics

Market Statistics Monday, 25th September 2017

Market Cap (N'bn)              12,188.9 Market...

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

ITU Telecom World 2015 Opens for Business

Doors opened in Budapest for ITU Telecom World 2015, the global ICT innovation event for SMEs, corporates and governments. The event kicked off with a spectacular Opening Ceremony, in the presence of H.E Viktor Orbán, Prime Minister of Hungary, ITU Secretary-General, Houlin Zhao, and a host of other distinguished high-level participants spanning government, industry and representatives of many global SMEs and start-ups.

Profit Taking in Bellwethers Drag Benchmark Index… ASI down 15bps

In yesterday’s trading session, profit taking in bellwethers - GUARANTY (-2.6%), ACCESS (-6.3%)...

NCC: How to Protect 114m Nigerian Internet Users Online

The Nigerian Communications Commission (NCC) has reiterated how the...

‘Enhanced Pension for Programmed Withdrawal Retirees Leaves Life Annuity Retirees in Limbo’

  By Dr. Pius Apere (PhD/FCII) (Actuarial Scientist and Chartered Insurer) Chairman/CEO Achor Actuarial...

Nigeria Sustains Slow Progress in Human Development

In the week, there were multiple data releases that...

Linkage Assurance Maintains Strong Growth as PAT Grows 167% in Q1

Linkage Assurance Plc is set for a strong growth...
spot_img

Related Articles

Popular Categories

spot_imgspot_img