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Nigeria LNG Outage Extends With Gas Supplies Falling 80%

Summary by Bloomberg

Natural gas supplying Nigeria LNG Ltd. has fallen 80% to one-fifth of the massive plant’s needs, according to people familiar with the matter.

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Nigeria LNG Outage Extends With Gas Supplies Falling 80%

Natural gas supplying Nigeria LNG Ltd. has fallen 80% to one-fifth of the massive plant’s needs, according to people familiar with the matter.

1 month ago·United States

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Investors King

Pipeline Vandalism Cuts Nigeria LNG Production To Historic Lows

Nigeria LNG Limited (NLNG) has announced that it is currently operating at only one-third of its capacity due to severe disruptions caused by pipeline vandalism. According to Philip Mshelbila, Managing Director of NLNG, the company has been forced to run only two of its six trains. He described the situation as unprecedented and a threat […] The post Pipeline Vandalism Cuts Nigeria LNG Production to Historic Lows appeared first on Investors King.

1 month ago

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