Nigeria LNG signs 10-year deal with Total

Source Reuters
Company TotalENINigeria LNGNNPCRoyal Dutch Shell 
Tags Oil & Gas Trading, LNG & Gas Storage/Processing
Date January 22, 2020

(Reuters) Nigeria Liquefied Natural Gas has signed a deal with French energy group Total for 1.5 million tonnes of LNG per year, the African producer said on Wednesday.

The agreement is for 10 years, with volumes to be supplied to Total from trains 1, 2 and 3 of the Nigeria LNG plant at Bonny.

The deal is in line with Nigeria LNG’s “drive to continue to deliver LNG globally in consolidation of its position as one of the top-ranking LNG suppliers in the world”, the company said in a statement.

“The deliveries under the agreement will commence October 2021,” said an NLNG spokeswoman.

Nigeria LNG is a joint venture between the Nigerian National Petroleum Corporation, Shell, Total and  Eni.

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