Nigeria LNG Continues to Face Feed Gas Challenges

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Cargo cancellations from Nigeria LNG (NLNG) have renewed concerns that the West African country’s sole liquefaction plant will continue to wrestle with feed gas challenges for years to come. At least three Nigerian cargoes to Spain were understood to have been cancelled in January. While it is unclear whether the latest cancellations were directly related to feed gas problems, what is true is that the 22 million tons per year plant ran well below capacity at around 16 million tons last year. This was mostly caused by flooding and sabotage hitting gas supplies, which key suppliers are gradually restoring, as well as long-term delays to upstream gas projects.

LNG Supply, LNG Forecasts, LNG Trade, Liquefaction, Offshore Oil and Gas, Conventional Oil and Gas
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