Gas firm to supply 1.1m tonnes of product to domestic market

The Nigeria Liquefied Natural Gas limited says it has concluded the execution of sales and purchase agreements to supply 1.1 million tonnes per annum to boost domestic gas supply in the country.
The Managing Director of the company Mr Tony Attah made this known at the announcement of the agreement at the sidelines of the on going 4th Nigeria International Petroleum Summit ( NIPS) in Abuja.
” it is my pleasure, to welcome you and announce that our commitment, as a corporate entity, to unlocking gas utilisation is now backed by the execution of
Sales and Purchase Agreements (SPAs) to supply 1.1 Million Tonnes Per Annum (MTPA) of LNG on DES basis to Asiko Power Limited, Bridport Energy Limited and Gas-Plus Synergy Limited.
“The SPAs will facilitate the project execution and development of infrastructure led by off takers to aid LNG delivery into the domestic market.
“The execution of these SPAs follows a Domestic LNG (DLNG) Workshop which was held in November 2019 to stress test the delivery model with industry stakeholders and a series of engagements to identify suitable actors to co-create the initiative and stimulate market interest for potential off takers,” he said……….TO CONTINUE READING CLICK HERE