BG confirms NLNG force majeure lifted

: Natural gas
13/07/26

London, 26 July (Argus) — The force majeure at Nigeria LNG's 22mn t/yr export facility on Bonny island has been lifted, the UK's BG Group chief executive Chris Finlayson said today.

The force majeure was put in place on 28 June following a blockade by the Nigeria Maritime Administration and Safety Agency (Nimasa) in a dispute over export levies. The blockade stopped LNG tankers from loading at Bonny over 22 June-12 July.

The company, which has a term deal with the facility, has since exported two LNG cargoes from Bonny in July, according to interim financial officer Den Jones. The most recent one was loaded on 20 July. BG is confident that there will be no further disruptions to operations at Nigeria for the rest of this year, Finlayson said.

The Nigeria LNG blockade last month resulted in the loss of roughly 20 LNG shipments and estimated revenue losses of around $475mn. The blockade was finally lifted after NLNG reluctantly agreed to pay Nimasa $140mn in levies.

Over a dozen tankers were waiting offshore Bonny following the blockade that prevented vessels loading LNG for around three weeks. The backlog is likely to take weeks to clear.

Several cargoes may have already been cancelled based on the exemptions provided by a force majeure, and buyers were concerned that more could have been cancelled if the force majeure had remained in place.

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25/12/19

Trinidad not part of US blockade of Venezuela: PM

Kingston, 19 December (Argus) — Trinidad and Tobago is not involved in the US blockade of oil tankers entering and leaving from neighboring Venezuela, prime minister Kamla Persad-Bissessar said on Thursday. She rejected a Venezuelan government claim that her country is part of US president Donald Trump's current campaign against Venezuelan president Nicolas Maduro, and that it is supporting "the theft of Venezuelan oil." "We have no intention of engaging in any war with Venezuela," Persad-Bissessar said. But Trinidad's foreign ministry said on 15 December that the US is using the country's two airports for "logistical activities," including resupply for US operations and personnel rotations. Venezuelan vice-president Delcy Rodriguez accused Persad-Bissessar of being "hostile" to Venezuela, saying she "has turned her country into a US aircraft carrier to attack Venezuela, in an unequivocal act of vassalage." The US has stationed a large naval force in the waters near Venezuela since September and has destroyed several small boats in the area it said were carrying drugs, killing more than 80 people. Trump said in November he would order land strikes against Venezuela soon, and the US seized a tanker carrying Venezuelan crude earlier this month. Trinidad's rejection of the Venezuelan claims follow a standoff between the hydrocarbon producers over agreements to develop an offshore natural gas field in Venezuelan waters close to their maritime border that has an estimated 4.3 Tcf in reserves. Trinidad described a Venezuelan decision to terminate all natural gas supply contracts with it as "propaganda". The southwestern tip of gas-short Trinidad is 11 miles from Venezuela's north coast, and the country has been seeking gas from Venezuelan offshore fields to support up declining domestic output. By Canute James Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

W Australia's gas surplus outlook strengthens: Aemo

25/12/19

W Australia's gas surplus outlook strengthens: Aemo

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Energy Transfer halts plans for Lake Charles LNG

25/12/18

Energy Transfer halts plans for Lake Charles LNG

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US House passes bill to expedite permitting

25/12/18

US House passes bill to expedite permitting

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Ithaca first to try new UK North Sea regime

25/12/18

Ithaca first to try new UK North Sea regime

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