Friday, March 28, 2025
33.2 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

Leadway Pensure Advocates Additional Voluntary Contributions for Future-Proof Financial Security

Leadway Pensure, a leading Pension Fund Administrator (PFA) in...

Kano Residents Benefit from Fidelity Food Bank Initiative

Over 1,500 residents have benefited from a Fidelity Food...

We Need More than CNII Order to Secure Telecom Investments – Experts

L-R: Associate Director, Government Relations, IHS Nigeria, Bond Abbe; Co-founder,...

PenCom: States Should Implement CPS for Pension-secure Nigeria

The National Pension Commission (PenCom) has called on all...

Fidelity Bank Equips Entrepreneurs for Global Trade Success with EMP 18

L-R: Prof Frank Ojadi, Director, Export Management Program, Lagos...

Topics

Ozaremit, Africa’s New Top-Up Leader Accelerates Development

Ozaremit, a new top-up leader, accelerates its development only...

NCC Tasks Telcos on Network Security, Consumer Safety

The Nigerian Communications Commission (NCC) has directed Mobile Network...

RedStar Express Commences Express Grocery Service

Red Star Express Plc, one of Nigeria’s foremost logistics...

Inspenonline Publisher, Chuks Okonta, Bags 2023 NAICOM Online Media Excellence Award

Mr. Chuks Udo OKonta, Publisher of Inspenonline has won...

Mauritius: A Blueprint for Africa’s Future Cities

Firmly established as Africa’s most progressive business orientated jurisdiction,...

Unlocking Investment in West Africa

Despite West Africa’s enormous investment potential, its integration into...

Ford Atlas Concept: The Future of Pickups

Ford Atlas Concept: The Future of Pickups The Ergonomic Interior Ford...

NSIA Insurance Completes Phases1, 2 of Govt Senior College, VI School Project

As part of its unwavering commitment to corporate responsibility...
spot_img

Related Articles

Popular Categories

spot_imgspot_img