{"id":18783,"date":"2019-12-12T16:43:25","date_gmt":"2019-12-12T16:43:25","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=18783"},"modified":"2019-12-12T16:43:34","modified_gmt":"2019-12-12T16:43:34","slug":"nlng-signs-sales-deal-with-vitol","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol","title":{"rendered":"NLNG signs sales deal with Vitol"},"content":{"rendered":"

Nigeria LNG Limited (NLNG) and Vitol SA on have signed an LNG sale and purchase agreement (SPA) for some of the remarketed volumes from NLNG\u2019s Trains 1, 2 and 3.<\/p>\n

Tony Attah, Managing Director and CEO of NLNG, and Pablo Galante Escobar, Global Head of LNG, Vitol S.A., signed the LNG SPA at an event witnessed by executives and senior managements of both NLNG and Vitol. The executed agreement is for the supply of 500 000 tpy of LNG for a 10 year term on a delivered ex-ship basis commencing October 2021.<\/p>\n

According to NLNG, the agreement underscores NLNG\u2019s drive for mutually beneficial partnerships to deliver LNG on a global scale in a low carbon world where gas\/LNG will continue to be the preferred complementary energy source alongside renewables.<\/p>\n

Pablo Galante Escobar, Head of LNG for Vitol said: \u201cWe are delighted to be partnering with NLNG and look forward to working together to build on new opportunities. Vitol has a long history of investing in Africa and of participating in Nigeria\u2019s energy sector.\u201d<\/p>\n

NLNG is an incorporated joint-venture owned by four shareholders, namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corp. (49%), Shell Gas B.V. (25.6%), Total Gaz Electricite Holdings France (15%), and Eni International N.A. N. V. S.\u00e0r.l (10.4%).<\/p>\n","protected":false},"excerpt":{"rendered":"

Nigeria LNG Limited (NLNG) and Vitol SA on have signed an LNG sale and purchase agreement (SPA) for some of the remarketed volumes from NLNG\u2019s Trains 1, 2 and 3. Tony Attah, Managing Director and CEO of NLNG, and Pablo Galante Escobar, Global Head of LNG, Vitol S.A., signed the LNG SPA at an event […]<\/p>\n","protected":false},"author":62,"featured_media":18484,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[654,351],"class_list":["post-18783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-nlng","tag-petroleum"],"yoast_head":"\nNLNG signs sales deal with Vitol - Nigeria<\/title>\n<meta name=\"description\" content=\"Nigeria LNG Limited (NLNG) and Vitol SA on have signed an LNG sale and purchase agreement (SPA) for some of the remarketed volumes from NLNG\u2019s\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NLNG signs sales deal with Vitol\" \/>\n<meta property=\"og:description\" content=\"Nigeria LNG Limited (NLNG) and Vitol SA on have signed an LNG sale and purchase agreement (SPA) for some of the remarketed volumes from NLNG\u2019s\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-12T16:43:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-12-12T16:43:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2019\/12\/bd99435a-nlng-696x385.png\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"NLNG signs sales deal with Vitol\",\"datePublished\":\"2019-12-12T16:43:25+00:00\",\"dateModified\":\"2019-12-12T16:43:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol\"},\"wordCount\":217,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2019\/12\/bd99435a-nlng-696x385.png\",\"keywords\":[\"NLNG\",\"petroleum\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/nlng-signs-sales-deal-with-vitol\",\"name\":\"NLNG signs sales deal with Vitol - 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