ABUJA: Nigerian exports of liquefied natural gas (LNG) are recovering after a disruption in loadings last week led to big cut in flows compared with November averages, trade sources said.
Shipments of liquefied petroleum gas (LPG) were also affected by the disruption, the cause of which remains unclear, they added. LNG exports in November averaged 20 million tonnes/year (mt) while December is averaging just 16 mt/year, according to one industry source.
Last week was averaging in the range of just 10-13 mt/year, the source added, while cautioning day-on-day flows could be volatile.
Nigeria LNG’s export plant at Bonny Island can produce 22 million metric tonnes of liquefied gas per year and has long-term supply contracts with buyers in Italy, Spain, Turkey, Portugal and France.
It also sells on the spot market.
