NLNG makes decision to re-market expiring Sales and Purchase Agreements

NLNG makes decision to re-market expiring Sales and Purchase Agreements
April 7, 2017 Advocaat Law Practice

The Nigeria Liquefied Natural Gas Limited (NLNG) recently announced its decision to re-market the LNG volumes for its three train project whose Sales and Purchase Agreements (SPAs) would soon expire. Further to its decision, NLNG has commenced and is on the brink of completing its commercial strategies for proposed re-marketing of the said LNG. In addition NLNG has also started taking steps towards the marketing of LNG volumes that would be derived from its proposed Train-7 project, which is currently awaiting a final investment decision.