Nigeria LNG Lifts Force Majeure on Exports

Nigeria LNG Lifts Force Majeure on Exports

NLNG of Nigeria said it has has lifted a force majeure on gas exports, after the Nigerian Maritime Administration and Safety Agency (NIMASA) ended a blockade on NLNG’s ships over a tax dispute.

Nigeria LNG lifted the force majeure declaration made to its buyers and gas suppliers, after it lost all its product export capability due to the blockade of access to its terminal by NIMASA,” Reuters cited NLNG’s spokesman Kudo Eresia-Eke as saying.

As at today, the 6-Train NLNG Bonny complex finally reached its normal operating capacity such that export operations can be … fully normalised,” the spokesman added.

NLNG is owned by four shareholders, namely, the Federal Government of Nigeria, represented by the Nigerian National Petroleum Corporation, NNPC (49%),  Shell Gas BV, SGBV, (25.6%), Total LNG Nigeria Limited (15%), and Eni International (N.A.) N. V. S. a. r. l (10.4%).

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LNG World News Staff, July 29, 2013; Image: Daewoo E&C