Energy Briefs
–
THE Nigerian Liquefied Natural Gas, NLNG, facility in Bonny Island has shipped its first cargo to the United Kingdom in the last 18 months. Shipping data reveals that the 145,926 cbm LNG Enugu built in 2005 by DSME of South Korea is set to dock at Dragon import terminal on March 10.
Reuters reported that the converging global gas prices have reduced incentives for shippers to deliver atlantic-produced supply to Asia. Nigeria LNG exported about 40 percent of its production to Asia, in 2015, with 30 percent of the production ending up in Europe. However, no cargoes have been delivered to the United Kingdom.
The Nigeria LNG which has six trains in operation is currently undergoing maintenance.
Tony Okonedo spokesman, NLNG, said maintenance began on January 25, and would be carried out over a period of 70 days ending in the first week of April, noting that there are no production challenges. At full production, the Bonny Island facility’s six trains produce some 22 mtpa of liquefied natural gas, from about 3.5 bcf/d feed gas intake. It has supply deals in place with the likes of Repsol of Spain and BG Group. Additionally, the facility sells LNG cargoes on the spot market.
Nigeria LNG is a joint venture by Nigerian National Petroleum Corporation, NNPC, (49 percent), Shell (25.6 percent), Total (15 percent), and Eni (10.4 percent).
— Mar 21, 2016 @ 01:00 GMT
|
Tags:
