Our attention has been brought to media reports, following the issuance of a statement declaring Force Majeure on Monday 17th October 2022, that operations at its facilities have been shut down due to flood.
To correct some misinformation on the declaration, we would like to clarify:
1.The Company’s plant is in operation though at a limited capacity, due to reduced gas supply from some of its upstream gas suppliers. #NLNG
2.None of NLNG’s assets on Bonny Island or in any of its host communities are impacted by the flood. The Force Majeure is as a consequence of a similar notice by Upstream Gas Suppliers due to the impact of flood in their production facilities. #NLNG
3.NLNG is working with all critical stakeholders on mitigating the impact on product deliveries. #NLNG
4. NLNG continues to supply LPG to the domestic market for now from the limited production.
We continue to monitor the situation with Upstream Gas Suppliers and are evaluating the impact of the flood on its business. #NLNG
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1. The attention of @nigeriaLNG has been drawn to a publication in the Vanguard Online of 10th August 2022 under the caption: "How govt officials facilitated $1.2bn crude oil, gas theft – Source."
2. The report is false, malicious and deliberate as it is a rehash of fallacious claims reported in an online media channel in January 2022.
NLNG had responded to the allegations, clearly stating the facts, yet Vanguard Online published the same allegations...
3. with no prior opportunity offered to the Company to react or respond to the assertions. The rehash in Vanguard Online is obviously calculated to cast the Company and its leadership in bad light.
To again set the records straight, NLNG wishes to clearly state that:
Youths are prepared to be entrepreneurs through guided technical and managerial development training. Since inception, over 1000 youths have participated in the scheme and have been supported in vocational modules. @Tonyattah@SMai_Bornu#MSMEDay2020
Breaking News: @MKKyari speaking live at the NLNG office in Abuja. "We have decided to proceed with Train 7 project today. It is an important day. It is a show of confidence that investors can put money into this project"
@MKKyari: This is a gateway to more investment in Nigeria. We will take steps to get to Train 12. There is an opportunity to do this. NLNG is one of the most successful venture in Nigeria" #NLNGTrain7
As FINAL INVESTMENT DECISION (FID) is taken, shareholder speak on the FID. Shell, Total and ENI commended President Muhammed Buhari and congratulated Nigerians. #NLNGTrain7
Good morning. Today is another historic day. Another milestone is being fulfilled at the @NNPCgroup Headquarters, Abuja. Today, NLNG signs the First Basic 20 year term for Train 7 Gas Supply Agreement (GSAs) and 2nd Basic terms of 10 years for NLNG Trains 1-6 GSA.
GMD, @NNPCgroup , @MKKyari is chairing the GSAs signing at the moment. Opening the ceremony, he said: "NLNG has built a lot of credibility for us to be anxious to do business with them. NLNG Train 7 is of utmost significance to the country."
@MKKyari remarked further: "what we are doing here is very important. Delivering gas to Train 7 is key. Train 7 will generate over 10 direct jobs. Gas supply is one of the critical conditions to be delivered and we can't build the plant until we have confirmed gas supply."
“Over the last 10-12 years competition has added a lot of LNG volumes to the market. Before 2007 we were the 4th largest producer contributing more than 7% to the GDP. Vision today is to return back with #Train7 from our current 10th position #NOG2019
At the peak of construction over 10000 personnel will be onsite with more than 80% being Nigerians. In terms of concrete, we are going to use more than 75000m3 concrete. #NOG2019
This will be developed over 150000 piles to hold the solid structures and there will be much more than 25000 tonnes of structural steel used. #NOG2019