The Nigerian LNG has signed a gas supply agreement with three power companies setting off the distribution of liquefied natural gas to the local market.
Tony Attah, NLNG CEO/MD announced this at a press conference during the Nigerian International Petroleum Summit on Tuesday.
Three companies who signed the agreement with the NLNG are Asiko Power Ltd, Brockport Energy Ltd, and Gas Plus Synergy Ltd
Under the agreement, the NLNG will supply about 1.1 million metric tonnes of LNG on a Delivered Ex Ship basis. This is a trade term that requires a seller to deliver goods to a buyer at an agreed port of arrival.
The NLNG said the agreement will commence immediately and that this is only the first phase.
Isaac Anyaogu is an Assistant editor and head of the energy and environment desk. He is an award-winning journalist who has written hundreds of reports on Nigeria’s oil and gas industry, energy and environmental policies, regulation and climate change impacts in Africa. He was part of a journalist team that investigated lead acid pollution by an Indian recycler in Nigeria and won the international prize - Fetisov Journalism award in 2020.
Mr Anyaogu joined BusinessDay in January 2016 as a multimedia content producer on the energy desk and rose to head the desk in October 2020 after several ground breaking stories and multiple award wining stories. His reporting covers start-ups, companies and markets, financing and regulatory policies in the power sector, oil and gas, renewable energy and environmental sectors
He has covered the Niger Delta crises, and corruption in NIgeria’s petroleum product imports.
He left the Audit and Consulting firm, OR&C Consultants in 2015 after three years to write for BusinessDay and his background working with financial statements, audit reports and tax consulting assignments significantly benefited his reporting.
Mr Anyaogu studied mass communications and Media Studies and has attended several training programmes in Ghana, South Africa and the United States
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