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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.

TRAINS 1 & 2  
ENEL Montoir de Bretagne
GAS NATURAL Bilbao, Huelva,Cartagena, barcelona, Sagunto
(TRANSGAS) Huelva, Sines, Cartagena
GAZ DE FRANCE Montoir Terminal
BOTAS Marmara Terminal

GAS NATURAL Huelva,Cartagena, barcelona

 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) 
 Huelva, Cartagena (Spain), Sines (Portugal)
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). 

The plant has been performing above design capacity since start-up of the facilities so that LNG supplies to long-term buyers have exceeded the contractual quantities. The LNG produced in excess of the planned quantities is sold as "spot" cargoes.
In 2007, 20 Spot Master Sales and Purchase Agreements were succesfully negotiated for the sale of LNG production in excess of term commitments.

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.


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.



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