The Nigeria LNG Ltd. (NLNG), has said it is currently reviewing the situation with gas suppliers to ascertain the extent of the disruption to its operations.
The company said on Monday that severe flooding has disrupted supply prompting it to declare force majeure, as Nigerians face a possible scarcity of the product.
The situation will reduce global gas supplies and possibly deepen Nigeria’s cash crisis as Europe and other countries try to replace Russian exports as a result of the invasion of Ukraine in February. The flooding, which was brought on by unusually high rains and the discharge of water from a dam in Cameroon, may go into November, according to officials.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NLNG declares force majeure over floodingThe gas company says it was forced to make the declaration after its upstream gas suppliers took the same step.
Read more »
More Trouble for Nigeria as NLNG Declares Force Majeure on 22MTPA Plant over Flood-related Disruptions – THISDAYLIVE
Read more »
NLNG shuts operations over flooding, gas scarcity loomsThe Nigeria Liquefied and Natural Gas company has declared force majeure because of widespread flooding that has disrupted supply, a spokesman for the company said on Monday.
Read more »
NLNG, Firm Regularise Motions In N1bn SuitNigeria Liquified Natural Gas (NLNG) Limited and a contracting firm, Macobarb International Limited, yesterday regularised their motions in a N1billion civil
Read more »
We Can't Handle Ovom Erosion Effectively, Says IkpeazuGovernor of Abia State Okezie Ikpeazu said the state government cannot handle the extent of the gully erosion menace at Ovom in Ogbor Hill, Aba effectively.
Read more »
Ahead of harmattan season, TRACON, control towers get N36b upgrades | The Guardian Nigeria News - Nigeria and World NewsAhead of this year’s harmattan season and attendant disruption often experienced in local air travel, the Nigerian Airspace Management Agency (NAMA) has commenced a general overhaul of navigational facilities at airports nationwide.
Read more »