<\/p>\n
By Paul Williams<\/em><\/strong><\/p>\n <\/p>\n Nigeria’s international gas company, NLNG says it has signed long-term Gas Supply Agreements (GSAs) with six third-party suppliers in a bid to strengthen feedgas supply to its trains on Bonny Island.<\/p>\n The move, according to a release by the company\u2019s General Manager, External Relations and Sustainable Development, Sophia Horsfall, also supports NLNG\u2019s expansion drive.<\/p>\n The long-term agreements, with options for extension, were signed with SNEPCO-SUNLINK HI project, TEPNG AMNI JV IMA project, NNPCL-First E&P JV, SNG NGML, OANDO- NNPC E&P, and TEPNG JV Ubeta.<\/p>\n The suppliers are expected to deliver an estimated 1,290 million standard cubic feet per day (mmscf\/d) or 13.3 bcm\/yr of feedgas to NLNG, which volumes will be gradually scaled up over a period of time.<\/p>\n The release further said the new GSAs “represent a significant boost to feedgas availability, enhancing NLNG\u2019s capacity to meet its commercial commitments while laying the groundwork for expansion.<\/p>\n “This development is aligned with the Federal Government\u2019s Decade of Gas initiative, which places natural gas at the centre of Nigeria\u2019s industrialisation and energy transition agenda,” Horsfall said.<\/p>\n NLNG\u2019s Managing Director and Chief Executive Officer, Philip Mshelbila, described the agreements as a milestone and the culmination of sustained efforts by shareholders and stakeholders to address long-standing gas supply constraints.<\/p>\n He noted that in recent years, NLNG\u2019s operations had been significantly impacted by pipeline disruptions, including vandalism and sabotage, affecting upstream gas availability.<\/p>\n \u201cNLNG recognises the challenges that the consequent insufficiency of gas supply has caused to its long term buyers, customers, shareholders and more widely to the Nigerian economy.<\/p>\n “With the new GSAs, NLNG is optimistic of sustainable gas supply for the future and remains grateful for the continuing support of its buyers and other stakeholders, and looks forward to a successful future together.<\/p>\n \u201cWe could not have achieved this without the deliberate and concerted efforts of our shareholders and stakeholders in the energy industry in Nigeria. These agreements are a turning point in NLNG\u2019s journey, restoring reliability of supply and ensuring we remain firmly on the path of growth and expansion,\u201d Mshelbila said.<\/p>\n The managing director further explained that the new GSAs mark a historic shift for NLNG, which since inception had relied primarily on legacy shareholder joint venture affiliates for gas supply.<\/p>\n He said with the recent divestment of onshore assets by several International Oil Companies (IOCs) to non-shareholder entities, NLNG is now procuring feedgas from diverse third-party suppliers to meet its growing needs for both Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) production.<\/p>\n The GSAs are a game-changer for Nigeria\u2019s gas industry, enhancing local gas production capacity and improving gas supply, which are critical to the country\u2019s energy security, industrialisation aspirations, and economic growth.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" By Paul Williams Nigeria’s international gas company, NLNG says it has signed long-term Gas Supply Agreements (GSAs) with six third-party suppliers in a bid to strengthen feedgas supply to its trains on Bonny Island. The move, according to a release by the company\u2019s General Manager, External Relations and Sustainable Development, Sophia Horsfall, also<\/p>\n","protected":false},"author":1,"featured_media":7041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-17382","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"_links":{"self":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/posts\/17382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/comments?post=17382"}],"version-history":[{"count":0,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/posts\/17382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/media\/7041"}],"wp:attachment":[{"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/media?parent=17382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/categories?post=17382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deepstrataenergy.com\/phmundial\/wp-json\/wp\/v2\/tags?post=17382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}