Nigeria’s export of Liquefied Natural Gas (LNG) will receive a boost as Shell Petroleum Development Company (SPDC) on Friday lifted the force majeure it had declared on gas supplies to the Nigeria LNG (NLNG) plant in Bonny Island in Rivers State.

Also, the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Ibe Kachikwu has hinted that the Corporation may settle for the option of community-based policing to protect the vast artery of oil and gas pipeline network across the country.

Shell had on August 4, declared force majeure on gas supplies to the Bonny Island liquefaction plant, citing a pipeline leak.

The declaration of force majeure freed the company from its contractual obligations to customers due to circumstances outside its control.

The company also launched investigations into the cause of the leak, which was not immediately known.

However, the force majeure did not affect all the gas supplies to NLNG by Shell as only one pipeline – Eastern Gas Gathering System (EGGS) was said to have been affected by the leak.

Though LNG exports still remained in progress, the company might have rescheduled some shipments with its customers.

Read full story
http://monitor9ja.com/2015/08/boost-for-gas-export-as-shell-lifts-force-majeure-on-supplies-to-nlng/

.