Nigeria LNG signs 10-year LNG deal with Galp
2/12/2020
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.
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)
Sign up to Receive Our Newsletter
- Freeport LNG export plant in Texas reports shutdown of liquefaction train
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- Five energy market trends to track in 2026, the year of the glut
- Venture Global wins LNG arbitration case brought by Spain's Repsol
Comments