
OpeOluwani Akintayo
Lagos — The Nigeria Liquefied Natural Gas Limited, NLNG and ENI have signed an LNG Sale and Purchase Agreement, SPA contract on Trains 1, 2 and 3.
In a statement by NLNG’s General Manager, External Relations, Eyono Fatayi-Williams in Abuja on Monday said the agreement was for the supply of 1.5mtpa for a 10-year term on a Delivered Ex-ship, DES and Free on Board, FOB basis.
NLNG said the agreement signifies customers’ confidence in NLNG as a trusted, safe and reliable LNG supplier in the world.
“The SPA with Eni advances the ongoing plans by NLNG to remarket volumes from the three trains,” the statement read.