Advertisements
Nigeria LNG Limited (NLNG) and Eni have signed a LNG Sale and Purchase Agreement (SPA) for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3.
The agreement is for the supply of 1.5mtpa for a 10 year term on a Delivered Ex-ship (DES) and Free on Board (FOB) basis.
According to NLNG, the agreement signifies customers’ confidence in NLNG as a trusted, safe and reliable LNG supplier in the world.
The company added that it is primed for taking up a position in the ranks of top LNG companies with plans to grow its market share.
A statement issued by Eyono Fatayi-Williams, General Manager, External Relations explained that the SPA with Eni advances the ongoing plans by NLNG to remarket volumes from the three trains.
Advertisements
