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Marketing
Background History

Long-Term Liquefied Natural Gas Sales

NLNG executed Sales & Purchase Agreements with five buyers located in Europe and Turkey for the Base Project volumes: Enel of Italy, Gas Natural of Spain, Botas of Turkey, Gaz de France of France, and Transgas of Portugal.

The first LNG Cargo produced at the company's Bonny Island plant was loaded on October 9, 1999 and delivered for Enel at the Montoir de Bretagne LNG receiving facility in France.

The company’s Train 3 Expansion Project offered an opportunity to further commercialise Nigeria’s extensive gas reserves and also develop new offshore and onshore oil reserves. SPAs were executed with Gas Natural and Transgas. The Train came on stream in December 2002.

In 2000, NLNG commenced discussions with prospective buyers of the LNG volumes expected from the NLNGPlus. The marketing effort was successful.  The off-takers of NLNGPlus volumes are Shell Western LNG, Total, Iberdrola (Spain), Transgas, Eni, BG and Endesa (Spain). The first contract cargo from Train 4 was loaded in January 2006 and from Train 5 in February 2006.

Total and Shell Western signed SPAs for LNG from the NLNGSix Project and from which production commenced in the fourth quarter of 2007.

Similarly the company has marketed its Train 7 volumes (8.0 mtpa), with SPAs already signed and only awaits FID.

The SPAs were signed with BG, Shell, Total, Eni and Occidental Energy with deliveries to North American terminals.

NLNG’s buyers are spread across the fast growing LNG markets of Europe, North America and Turkey with roughly a 50:50 split between Iberia and North America.

OFF-TAKER RECEIVING FACILITY
TRAINS 1 & 2

 

ENEL

Montoir de Bretagne

GAS NATURAL Bilbao, Huelva,Cartagena, barcelona, Sagunto
GALP GAS NATURAL
(TRANSGAS)
Huelva, Sines, Cartagena
GAZ DE FRANCE Montoir Terminal
BOTAS Marmara Terminal

TRAIN 3
GAS NATURAL Huelva,Cartagena, barcelona
GALP GAS NATURAL
(TRANSGAS)

Sines, Huelva, Cartagena
TRAINS 4 & 5
BG LNG Lake Charles(Louisiana,USA)
ENDESA Barcelona,Huelva & Cartagena (Spain), Mugardos, Sagunto
ENI Sines (Portugal), Huelva (Spain) 
IBERDROLA Huelva (Spain)
SHELL Lake Charles(Louisiana,USA), Altamira (Mexico), Covepoint (Maryland, USA), Barcelona, Bilbao, Cartagena, Huelva & Sagunto(Spain)
TOTAL Lake Charles(Louisiana,USA), Zeebrugge (Belgium), Barcelona, Bilbao, Cartagena, Huelva & Sagunto(Spain) 
GALP GAS NATURAL
(TRANSGAS)
Huelva, Cartagena (Spain), Sines (Portugal)
TRAIN 6
SHELL Altamira (Mexico), Covepoint (Maryland, USA), Barcelona, Bilbao, Cartagena, Huelva & Sagunto(Spain), Lake Charles(Louisiana,USA),
TOTAL Lake Charles(Louisiana,USA), Zeebrugge (Belgium), Barcelona, Bilbao, Sagunto, Cartagena and Huelva (Spain), Altamira (Mexico). 

Spot

Besides the long-term Sales and Purchase Agreements (SPAs), NLNG entered into Free on Board (FOB) Master Spot LNG Sale & Purchase Agreements with various companies.  These allow for the sale and disposal of  excess production volumes on a spot basis.
Through these contracts, LNG from the Bonny Island plant has been delivered at various receiving terminals in the United States, Europe and the Far East.

Natural Gas Liquids

The by-products of LNG: Condensate and Liquefied Petroleum Gas (LPG) are sold on a Free on Board (FOB) basis under a 12 month contract.  LPG production started in 2003. It consists of refrigerated grade of commercial propane and commercial butane, which are sold separately. Condensate exports started in 2000. NLNG currently produces and loads over 45 cargoes of these products annually.


Newsarea
Feb, '10  The call has now been made for entries for the Nigeria Prize for Science and the Nigeria Prize for Literature, for more details...
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Mar 31, '10  March 31 is the deadline for submission of entries for the Nigeria Prize for Science and the Nigeria Prize for Literature. For more information ... 
 
Special reports
"The society which scorns excellence in plumbing as a humble activity and tolerates shoddiness in philosophy because it is an exalted activity will have neither good plumbing nor good philosophy: neither its pipes nor its theories will hold water.' We agree with this quote from John Gardner, so what are we doing about it? Find out in the latest edition of our CSR digest..."
Scam Alerts
It has come to our attention that some individuals are contacting people via e-mail and or publications in the internet claiming to be recruitment agents of  NLNG...  

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