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Markets

Nigeria LNG offers December cargo

Published November 27, 2018 Updated November 27, 2018 11:58am

LONDON/SINGAPORE: Nigeria Liquefied Natural Gas (NLNG) has offered a cargo for loading in December, three industry sources said on Tuesday.

The company has likely offered the cargo through private negotiations and it was not immediately clear if it was a firm offer, one of the sources said.

NLNG, set up 16 years ago to export gas, is owned by Nigerian state oil firm NNPC, Shell, Total and Eni.

NLNG can produce 22 million tonnes of LNG a year and has long-term supply contracts with Italy's Enel, Shell, France's Engie and Portugal's Galp, among others. It also sells on the spot market.

Copyright Reuters, 2018
 

 

 

 

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