Yemisi Izuora
The Nigeria Liquefied Natural Gas (NLNG) has said it will note experience production disruption while the scheduled maintenance work is being conducted at one of its trains.
The company said work on the affected trains would last until the first week in April.
Tony Okonedo who speaks for the company said Work on the facility started on January 25 and will run for 70 days adding there won’t be production challenges.
The company has the capacity to produce 22 million tonnes of LNG a year and has long-term supply contracts with Spain’s Repsol, Italy’s Enel, Britain’s BG Group , France’s Engie SA and Portugal’s Galp . It also sells on the spot market.
NLNG, which was set up 16 years ago to export gas, is owned by Nigerian National Petroleum Corporation (NNPC), Royal Dutch Shell, Total and Eni.
Nigeria has estimated gas reserves of 180 trillion cubic feet but only converts about 1.5 trillion cubic feet per year to LNG.