shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » NLNG To Supply 1.1m Tonnes Of Gas To Domestic Market

NLNG To Supply 1.1m Tonnes Of Gas To Domestic Market

by Joshua
June 10, 2021
in News

The Nigeria Liquefied Natural Gas limited (NLNG) says it has concluded the Execution of Sales and purchase Agreements (SPAs) to supply 1.1 million tonnes per annum to boost domestic gas supply in the country.

The Managing Director of the company, Mr Tony Attah, made this known at the announcement of the agreement on the sideline of the ongoing 4th Nigeria International Petroleum Summit ( NIPS) in Abuja on Tuesday.

“It is my pleasure, to welcome you and announce that our commitment, as a corporate entity, to unlocking gas utilisation is now backed by the execution of Sales and Purchase Agreements (SPAs) to supply 1.1 million Tonnes Per Annum (MTPA) of LNG on DES basis to Asiko Power Limited, Bridport Energy Limited and Gas-Plus Synergy Limited.

“The SPAs will facilitate the project execution and development of infrastructure led by off takers to aid LNG delivery into the domestic market.

“The execution of these SPAs follows a Domestic LNG (DLNG) Workshop which was held in November 2019 to stress test the delivery model with industry stakeholders and a series of engagements to identify suitable actors to co-create the initiative and stimulate market interest for potential off takers,” he said.

Read Also: Amaechi Wants Hotels At Stations Along Lagos-Ibadan Rail Line

He commended the effort of the NLNG board in its demonstration of faith in the Decade of Gas vision, and commitment to the actualisation of that vision.

He congratulated the Department of Petroleum Resources (DPR), that would play a critical role in the implementation of the agreement.

“With Nigeria’s enormous gas reserves, I am not in doubt that with the right drive from the government and the support of corporate organisations, we as a nation can stand with our head held high to be counted among major players.

“The government has demonstrated its readiness to take the gas sector to the next level by declaring this decade our nation’s Decade of Gas.

“We believe this will be the decade for us to leverage on our gas reserves to accelerate our power generation solutions through Gas-to-Power projects.

”It will be the decade when as a nation we stop reporting deaths from pollution through the use of wood and solid fuels as domestic energy sources. And it will be the decade for empowering local SMEs to take advantage of the various investment opportunities that the Decade of Gas will attract,” he said.

Attah noted that in addition to the Domestic LNG Scheme, the ongoing Train 7 project with capacity to attract about 10billion dollars in foreign direct investment.

He noted that the company would expand the LPG value chain by increasing supply to the domestic market, guaranteeing LPG supply and enhancing its access, and enabling the development of a value network for a sustainable ecosystem.

in his remarks, the Chief Operating Officer, Gas in the Nigerian National Petroleum Corporation, said the decade of gas had come to stay and all should support it.

”Decade of gas will bring development, increase food, fertilizer and will enhance the transportation,” he said.

He urged the off takers to ensure the supply to domestic market and not to export it.

In his remarks, the Managing Director of the Asiko Energy, one of the off takers, Mr Felix Ekundayo, said that the company was proud to be part of agreement.

He assured that it would do its best to ensure adequate supply of gas to domestic utilisation, saying “we are the domestic solution for the LNG supply in the country”.

Mr Ken Etete and Mr Jamal Akinde, Managing Directors of Gas Plus and Bridport other off takers, also pledged total commitment to supply of the product.


Tags: NLNGSociety

Related Posts

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

July 1, 2025
Oyetola Inaugurates NPA Governing Board, Calls for Reform-Driven Leadership

Oyetola Inaugurates NPA Governing Board, Calls for Reform-Driven Leadership

July 1, 2025
MONDAY INTERVIEW: “The Transition To Nigerian Ports Economic Regulatory Agency  Is A Crucial Next Step”—Pius Akutah

Industry Conflict Resolution: Nigeria Saved N6bn In 2024 – NSC 

July 1, 2025
Merchant Navy Felicitates Maritime Workers Union On Successful Branch Elections

Merchant Navy Felicitates Maritime Workers Union On Successful Branch Elections

July 1, 2025

Discussion about this post

Latest News

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

BREAKING: Apapa Customs Rakes in N1.3 Trillion Revenue in First Half of 2025

July 1, 2025

Oyetola Inaugurates NPA Governing Board, Calls for Reform-Driven Leadership

Industry Conflict Resolution: Nigeria Saved N6bn In 2024 – NSC 

Merchant Navy Felicitates Maritime Workers Union On Successful Branch Elections

CRFFN Rallies Freight Forwarders for Digital Transformation, Targets AfCFTA Market Opportunities

Nwagbara Advocates Anti-Harassment Policies, Risk Assessment on Nigerian Vessels

FRONT PAGE COMMENT: Adewale Adeniyi: Two Years of Steady Hands at the Helm of Nigeria Customs

Despite ₦5.17trn Surplus, Dollar Dominates Nigeria-China Trade As Naira-Yuan Swap Struggles

Tinubu Hails Customs CG’s WCO Council Election

FG To Begin Boat Manufacturing, Phase Out Rickety Vessels –Shippers Council

Nigerian Exporters Reject AfCFTA over Poor Infrastructure, Dollar Dependence, Policy Gaps  

Stakeholders Decry Power Tussle Over Wreck Removal, Demand Transparency from NIMASA on Sea Protection Levies 

kindly like our Facebook page

Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert
Health

Contraceptive Pills Can’t Cause Cervical Cancer – Expert

June 30, 2025

Mrs Roseline Akinlabi, Adolescent and Youth Sexual Reproductive Health Desk Officer, Osun Primary Healthcare Board, says contraceptive pills cannot cause...

ONIONS: The Good Old Healing Vegetable

KNOW YOUR BODY PARTS: The Liver The liver is a vital organ located in the right upper abdomen, playing a crucial role in metabolism, detoxification, and digestion. It’s the largest solid organ in the body and is responsible for filtering blood, maintaining blood sugar levels, regulating clotting, and synthesizing essential proteins. The liver also stores energy, removes toxins, and produces bile, which aids in digestion Liver functions: · Metabolism and Detoxification: The liver processes nutrients from the blood, breaks down and balances them, and creates essential substances for the body. It detoxifies harmful substances like drugs and alcohol, converting them into less toxic forms for excretion. The liver plays a role in the metabolism of proteins, carbohydrates, and fats. It stores glycogen (a form of glucose) and vitamins, releasing them when the body needs them. · Digestion: The liver produces bile, which is stored in the gallbladder and released into the small intestine to help digest fats. Bile also helps in the absorption of fat-soluble vitamins. · Blood Regulation: The liver regulates blood sugar levels by storing and releasing glucose. It synthesizes clotting factors, which are essential for blood clotting. It removes old red blood cells and processes bilirubin, a byproduct of red blood cell breakdown. · Other Functions: The liver plays a role in immunity, helping to fight off infections. It produces proteins that are involved in the immune response. The liver also stores iron and other essential minerals. Frequently Asked Questions About The Liver · What are the first signs of a bad liver? The initial signs of liver problems can be vague and subtle, often including fatigue, nausea, and loss of appetite. As the liver’s condition worsens, more specific symptoms may emerge, such as jaundice (yellowing of the skin and eyes), itchy skin, dark urine, and light-colored stools. Abdominal pain, especially in the upper right quadrant, can also indicate liver issues. · Where do you feel liver pain? Liver pain is typically felt in the upper right abdomen, just beneath the rib cage. It can manifest as a dull, throbbing pain, a stabbing sensation, or a general feeling of discomfort in that area. In some cases, liver pain might be felt as an ache in the right shoulder or back. · What does liver pain feel like? How liver pain feels can vary from person to person, depending on the cause. However, most people often develop one or more of the following symptoms: Dull, persistent aches in the upper abdomen A feeling of fullness or bloating Sharp, stabbing pains that come and go Tenderness when the upper abdomen is touched · What is the best way to cleanse your liver? If you haven’t been working out, start indulging in a regular exercise regime to allow the toxins to come out of your body. Yoga, going running, hitting the gym, or a simple sauna session can also prove effective. If you want a natural liver cleanse, sweating is the way to go. · How to know if the liver is swollen? What are the symptoms of an enlarged liver? You likely won’t notice an enlarged liver on your own. In some severe cases, you might notice a feeling of bloating or fullness in your belly or an ache in your upper right abdomen. · What is the best drink to flush your liver? Many citrus fruits, including lemon, can be added to water to help stimulate and flush out the liver. Lemons are high in nutrients like vitamin C and antioxidants

June 16, 2025
ONIONS: The Good Old Healing Vegetable

ONIONS: The Good Old Healing Vegetable

June 16, 2025
Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

Why Prostate Disorder Cases Are Increasing Among Nigerian Men – Experts

June 1, 2025
20m Nigerians Live With Mental Health Issues, Says WHO

20m Nigerians Live With Mental Health Issues, Says WHO

June 1, 2025
Health Facts You Didn’t Know

How Your Habit Affects Fertility

May 19, 2025
Fruits For Raining Season

Fruits For Raining Season

May 19, 2025
See Mental Illness Like Other Treatable Diseases – Says Suicide Survivor

Health Facts You Didn’t Know

May 19, 2025
Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

Alligator Pepper: Benefits, FAQ, Side Effects, & Warning

April 28, 2025
Water And Health: The Relationship That Helps Life

Water And Health: The Relationship That Helps Life

April 28, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition