Nigeria LNG signs 10-year LNG deal with Galp - REUTERS

FEBRUARY 12, 2020

ABUJA, Feb 12 (Reuters) - Nigeria Liquefied Natural Gas (NLNG) has signed a deal with Galp Trading SA for the supply of one million tonnes of LNG per year, the African producer said in a statement on Wednesday.

The volumes will be supplied on a delivered ex-ship basis for 10 years from Trains 1, 2 and 3 of a six-train NLNG production facility on Bonny Island.

The transaction follows a similar deal with Italy’s Eni and France’s Total announced last month and a 0.5 million tonnes per year deal with commodity trader Vitol signed in December.

NLNG has been remarketing some volumes from its existing trains as some contracts approach expiry. (Reporting by Camillus Eboh writing by Chijioke Ohuocha. Editing by Jane Merriman)

This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics