Eni inks long-term LNG agreement with Nigeria LNG

Nigeria Liquefied Natural Gas (NLNG) signed a long-term contract with Eni SPA for the supply of 1.5 million tonnes/year of liquefied natural gas (LNG) for 10 years from Trains 1, 2, and 3 in Bonny Island, Nigeria.

Eni, through its local affiliate Nigerian Agip Oil Co. (NAOC), is one of the suppliers of the liquefaction plant (OGJ Online, Aug 27, 2019).

The deal, together with a 1.1-million-tonne deal executed in December 2019 between Eni and NLNG, allows Eni to increase its global LNG portfolio starting in 2021.

Shareholders in NLNG are Nigerian National Petroleum Corp. 49%, Shell Gas BV 25.6%, Total LNG Nigeria Ltd. 15%, and ENI International (NA) NV 10.4%.