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Nairametrics

[BOOM] Shell Declares Force Majeure on Gas Supplies to NLNG

Nairametrics by Nairametrics
August 6, 2015
in Uncategorized
FG Will Ease Ceiling On Gas Prices To Boost Supply
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  • Shell has declared force majeure on gas supplies to Nigeria’s LNG export terminal on Bonny Island in Rivers State due to a pipeline leak, Reuters reports.
  • The force majeure on gas supplies from SPDC to Nigeria Liquefied Natural Gas Co (NLNG) was effective from Aug. 4, spokesman Precious Okolobo said, adding that the company was investigating the cause of the leak.
  • Okolobo said that oil production was not affected by the shut down of the Eastern Gas Gathering System 1 (EGGS-1) pipeline and that gas was still reaching NLNG via alternative lines.
  • Tony Okonedo, a spokesman for NLNG, said that exports had so far been unaffected but that the company was discussing potentially rescheduling some shipments with its customers.
  • Source: Reuters

 

Tags: News ReviewOIl and Gas News
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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  • Home
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