Page 8 - GLNG Week 35 2021

GLNG AFRICA GLNG

NLNG seeks to refute reports

of disrupted shipments

PERFORMANCE THE Nigeria LNG (NLNG) consortium has dis- some recent reports in the media, NLNG wishes
missed recent reports about delayed shipments to clarify that as a major player in the global LNG
and missed deadlines, saying that it remains industry, it is focused on fulfilling its contractual
committed to upholding commitments to its commitments ... NLNG is fully committed to
customers. sustaining its reputation of being a trusted and
In a note sent to This Day, NLNG said it reliable supplier of LNG globally and will not
had continued to deliver LNG to buyers in line take any action to endanger this commitment,” NLNG said it
with the terms of its sales and purchase agree- she stated.
ments (SPAs) and in compliance with all rele- As of press time, none of NLNG’s sharehold- had continued
vant national and international regulations and ers had commented on Nigerian media reports
requirements. It also declared that it was com- about supply disruptions. to deliver LNG
mitted to operating transparently, in accordance Equity in the consortium is divided
with industry best practices and international between state-owned Nigerian National to buyers in line
standards. Petroleum Corp. (NNPC), with 49%; Royal with the terms
The consortium sent the note to the news- Dutch Shell (UK/Netherlands), with 25.6%;
paper following The Nation’s publication of an TotalEnergies (France), with 15%, and Eni, of its sales
article alleging that NLNG had experienced dif- with 10.4%. The partners began production
ficulties with more than 20 LNG cargoes within in 1999 and are now operating six production and purchase
the last six months. Citing unnamed sources, trains with a capacity of 22.5mn tonnes per
The Nation reported that the shipments had year (tpy) at their gas liquefaction plant on agreements.
been delayed or otherwise disrupted as a result Bonny Island.
of NLNG’s inability to secure enough feedstock NLNG is also planning to build at least one
from its foreign shareholders, especially from more production train and broke ground for
Eni (Italy). the Train 7 project in June 2021. The project will
Eyono Fatayi-Williams, NLNG’s general push output up to 30mn tpy, partly through the
manager for external relations and sustainable construction of a seventh production train that
development, wrote in the note to This Day that can turn out 4.2mn tpy, and partly through the
the group was determined to preserve its stand- debottlenecking of existing trains, which will
ing as a dependable supplier of LNG. “Following add another 3.4mn tpy of capacity.™

P8 www. NEWSBASE .com Week 35 03•September•2021