Search results for: NLNG

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  • 14 April 2016

    Nigeria LNG, operator of the giant Bonny export plant, posted a 36.6% drop in its revenue in 2015 due to declining oil and gas prices. Low crude prices, that fell more than 70% from 2014, hit NLNG’s revenue as most of the company’s contracts are indexed to oil. NLNG earned US$6.84 billion in 2015, as compared […]

  • 29 July 2013

    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 […]

  • 9 July 2013

    A Nigerian Federal High Court on Monday again backed NLNG against the Nigerian Maritime Administration and Safety Agency (NIMASA) by ordering the agency to end a blockade of NLNG’s vessels. On 21st June, two NIMASA boats, with 15 naval officers on board, ordered that one NLNG vessel, LNG Imo, and one chartered vessel, Torm Thames, […]

  • 2 July 2013

    Nigeria LNG said it had declared force majeure on its exports of LNG as a blockade by the Nigerian Maritime Administration and Safety Agency (NIMASA) over a tax dispute entered its second week. “Following the blockade by NIMASA, we’ve had to declare Force Majeure,” Reuters cited NLNG’s spokesman Anne Marie Palmer-Ikuku as saying. On Friday 21st […]

  • 15 July 2013

    Federal High Court (FHC) upheld its jurisdiction that was challenged by the Attorney-General of the Federation (AGF) as well as Global West (GW) and NIMASA in the suit filed by NLNG seeking an interpretation of the NLNG Act and the legality of taxes being demanded by NIMASA. The court held that the Federal Government of […]

  • 24 June 2013

    On Friday 21st June, two Nigerian Maritime Administration and Safety Agency (NIMASA) boats, with 15 naval officers on board, ordered that one NLNG vessel, LNG Imo, and one chartered vessel, Torm Thames, remain at NLNG’s loading bay, whilst another NLNG Vessel, LNG Oyo, remains outside the Bonny Channel until further notice. NIMASA subsequently issued Ship […]

  • 23 January 2014
    Business & Finance

    Nigeria LNG Limited (NLNG) delivered its 3000th cargo of Liquefied Natural Gas (LNG) to Botas Petroleum Pipeline Corporation at Marmara LNG Terminal in Turkey, on Sunday January 19, 2014. The event was marked with a brief ceremony on board the NLNG Lokoja, at the Marmara LNG Terminal, attended by senior NLNG officials including MD/CEO Mr […]

  • 14 July 2016

    Nigeria LNG, operator of the giant Bonny export plant, said it has appointed Tony Attah as new managing director and CEO. Attah will take over from Babs Omotowa, who has been at the helm of the LNG operator since December 2011.

  • 6 October 2017

    The Federal High Court sitting in Lagos delivered judgment in favor of Nigeria LNG in the case between the company and Nigerian Maritime Administration and Safety Agency (NIMASA) over the applicability of NIMASA levies.

  • 7 August 2015

    Oil and gas giant Shell has declared force majeure on feed-gas supplies to Nigeria’s LNG export plant on Bonny Island after a pipeline leak. “Shell declared force majeure on gas supplies from SPDC to NLNG (Nigeria Liquefied Natural Gas Co), effective August 4,” SPDC spokesman Precious Okolobo told Reuters, adding that the company was investigating the cause […]

  • 24 April 2017

    Nigeria LNG, the operator of the giant Bonny export plant, reported a 31% drop in its revenue in 2016 due to low oil and gas prices. Low crude prices, that fell more than halved from 2014, hit NLNG’s revenue as most of the company’s contracts are indexed to oil. NLNG earned $4.72 billion in 2016 […]

  • 30 July 2014

    Nigeria LNG Limited (NLNG) welcomed  Andrew Yakubu, Group Managing Director (GMD) of the Nigerian National Petroleum Corporation ( NNPC), and other senior members of his team to its six-train plant complex on Bonny Island, Rivers State. The GMD was received by Isa Mohammed Inuwa, the Deputy Managing Director, NLNG and other members of the company’s […]

  • 13 August 2014

    The Court of Appeal in Lagos on Monday upheld a preliminary objection by Nigeria LNG and dismissed an appeal filed by Global West Vessel Specialist, challenging an earlier Federal High Court decision to continue a substantive suit over the blockade of NLNG’s jetty in Bonny, from where the company exports cargoes of LNG and allied […]

  • 22 June 2016
    Vessels

    REN-operated Sines LNG import terminal in Portugal received a cargo of the chilled fuel on Tuesday, shipping data by the Port of Sines showed. The cargo has been delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard the 175,000-cbm LNG Abuja II. The vessel is expected to depart soon from the LNG import terminal, according to […]

  • 9 March 2015

    Nigeria LNG Limited said its attention has been drawn to recent Nigerian social media posts about an alleged bribery incident, linked to 2014 tenement rate payments made by the company to Bonny Local Government Council (BLGC).

  • 12 December 2019

    Nigeria LNG Limited (NLNG) and commodity trading company Vitol have signed an LNG sale and purchase agreement (SPA) for some of the remarketed volumes from NLNG’s trains 1, 2, and 3.

  • 23 January 2014
    Vessels

      Nigeria LNG Limited (NLNG) said it has on Sunday delivered its 3000th cargo of LNG to Botas Petroleum Pipeline Corporation at Marmara LNG Terminal in Turkey. The event was marked with a brief ceremony on board the NLNG Lokoja, at the Marmara LNG Terminal, attended by senior NLNG officials including MD/CEO Babs Omotowa, Deputy […]

  • 24 April 2013

    The Executive Director Marine & Operations, Nigerian Ports Authority (NPA) Engr. David Omonibeke has assured the Management of the Nigerian Liquefied Natural Gas (NLNG) of the Authority’s continuous efforts to meet all the needs of the company to enhance effective and uninterrupted ship movements in the Bonny. The Executive Director was speaking during a meeting […]

  • 7 August 2015

    Oil and gas giant Shell has declared force majeure on feed-gas supplies to Nigeria’s LNG export plant on Bonny Island after a pipeline leak. “Shell declared force majeure on gas supplies from SPDC to NLNG (Nigeria Liquefied Natural Gas Co), effective August 4,” SPDC spokesman Precious Okolobo told Reuters, adding that the company was investigating the cause […]

  • 12 September 2019

    Nigeria LNG has signed a Letter of Intent (LOI) for the engineering, procurement, and construction (EPC) of Train 7 with an international consortium.

  • 15 March 2013

    Nigeria LNG Limited (NLNG) has been named the Nigerian Oil and Gas (NOG) Company of the Year, at the just concluded Nigeria Oil and Gas Conference/Exhibition (NOG) in Abuja. According to CWC, organisers of the conference, NLNG emerged the company of the year, “For ensuring that Nigeria has significant presence in the export market since […]

  • 10 August 2016

    Shell Petroleum Development Company, a Nigerian unit of Shell has declared force majeure on gas supplies to the giant Nigeria LNG export facility located on Bonny Island. “The Shell Petroleum Development Company of Nigeria Ltd (SPDC) declared force majeure on gas supply to NLNG on 8 August 2016, following a leak on the Eastern Gas […]