Search results for: Nigeria LNG

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  • 31 August 2015

    Shell informed of a reduction of gas supplies to Nigeria LNG export facility as a major oil pipeline was shut due to a leak and theft.

  • 23 February 2017

    Nigeria LNG, the operator of the 22 mtpa liquefied natural gas plant on Bonny Island, reported a pipeline explosion on Wednesday, February 22.

  • 6 August 2015

    Nigeria LNG, operator of the Bonny export plant, denied media reports it is the owner of the $1.5 bil­lion Badagry Dry Dock proj­ect. The company is not the owner and is not investing in the construction of any dry dock, Nigeria LNG said in a statement on Wednesday. “Nigeria LNG has a singular business focus, […]

  • 6 August 2015

    Nigeria LNG, operator of the Bonny export plant, denied media reports it is the owner of the $1.5 bil­lion Badagry Dry Dock proj­ect. The company is not the owner and is not investing in the construction of any dry dock, Nigeria LNG said in a statement on Wednesday. “Nigeria LNG has a singular business focus, […]

  • 8 February 2013

    Nigeria LNG has cancelled an offer to sell a cargo for March loading, Bloomberg informs. Specifically, the aforesaid offer amounts to 140,000 cubic meters of LNG cargo loading intended for March 1 to March 3. The offer opened on Feb. 4 with a closing scheduled for Feb. 11. Royal Dutch Shell Plc has announced force […]

  • 6 April 2017

    Nigeria LNG, the operator of the 22 mtpa liquefied natural gas plant on Bonny Island, has reportedly started negotiations on new contracts with potential buyers for gas supplies from its first three Trains. “Trains 1-3 are coming back to the market as they are out of contract by 2022. We started to remarket today,” Reuters […]

  • 3 March 2016
    Vessels

    Nigerian LNG facility on Bonny Island has shipped its first cargo to the UK’s South Hook terminal in 18 months.

  • 14 May 2020
    Business developments & projects, Project & Tenders

    A joint venture led by Italy’s Saipem has secured a $4 billion engineering, procurement and construction contract for Nigeria LNG’s seventh production unit at its Bonny Island plant. Saipem has a 60 per cent stake in the venture that includes South Korea’s Daewoo E&C and Chiyoda of Japan. This award follows the signing of the […]

  • 30 December 2019

    Nigeria LNG has made the final investment decision (FID) for its Train 7 project, which will increase the NLNG facility’s production capacity by 35 percent.

  • 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.

  • 7 May 2013

    LNG exports from Nigeria have been delayed after the Nigerian Maritime Administration and Safety Agency (NIMASA) blocked tankers from accessing the Bonny terminal from Friday to Sunday, Reuters informs. NIMASA said it has stopped the tankers from entering or leaving the Bonny terminal because Nigeria LNG was not paying its freight levies. Nigeria LNG is a […]

  • 20 September 2017
    Project & Tenders

    Baker Hughes, a GE company, said Wednesday it has secured a contract from Nigeria LNG, the operator of the giant Bonny export plant. Under the deal, BHGE will provide asset performance management software services to reduce unplanned outages and trips for Nigeria LNG’s trains. Using APM software, BHGE developed an outcome-based solution with a digital trip […]

  • 6 August 2015
    Business & Finance

    Nigeria LNG Limited has denied its involvement in the proposed USD 1.5 billion Badagry Dry Dock Project after several media reports identified the company as the owner of the project. Nigeria LNG said that the company is not the owner and is not investing in the building of any dry dock anywhere in the world, as it has […]

  • 6 August 2015
    Business & Finance

    Nigeria LNG Limited has denied its involvement in the proposed USD 1.5 billion Badagry Dry Dock Project after several media reports identified the company as the owner of the project. Nigeria LNG said that the company is not the owner and is not investing in the building of any dry dock anywhere in the world, as it has […]

  • 25 June 2015

    Nigeria LNG, operator of the Bonny export plant, has generated some 85 billion dollars from exports since it was created in 1989, Babs Omotowa, CEO of NLNG, said on Friday, June 19.

  • 28 June 2018

    Nigeria LNG is set to bring back its fifth liquefaction train online in July after shutting it down for maintenance at the end of May. 

  • 25 June 2015

    Nigeria LNG, operator of the Bonny export plant, has generated some 85 billion dollars from exports since it was created in 1989, Babs Omotowa, CEO of NLNG, said on Friday, June 19.

  • 2 June 2020
    Infrastructure

    Nigeria’s six-train liquefied natural gas plant on Bonny Island suffered an operational trip mid-May.

  • 27 November 2018

    Nigeria LNG has reportedly put up a single cargo of liquefied natural gas loading in December for sale. 

  • 15 May 2015

    Nigeria LNG, operator of the Bonny export terminal, has reportedly posted a 30% drop in its revenue for the first four months in 2015 as a consequence of weak oil prices.

  • 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 […]

  • 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 […]