Nigeria’s gas export to Europe, Asia rises during summer period

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The export of Liquefied Natural Gas (LNG) from Nigeria to Europe and Asia has risen significantly as summer period holds sway. In the last six months,  LNG export to China, Turkey, India and other countries has risen as a result of heat waves holding sway in these regions.

To achieve this feat, the Nigeria Liquefied Natural Gas (NLNG) has replaced six of its 23 vessels to boost gas shipping across the globe. Other importers of gas from Nigeria are Egypt, Poland, Colombia, Jamaica, Jordan and Pakistan.

According statistics credited to the Nigerian Ports Authority (NPA), a total of 388,000 metric tons of gas was exported through Onne Port in June.

The liquefied gas was ferried out of the port by six vessels. LNG Adamawa carried 65,000 tons;  LNG Oyo-68,000 tons; LNG Niger-68,000 tons;  Finnima-II, 77,000 tons; Adam LNG-65,000 tons and LPG Pampero – 45,000 tons.

“In May, no fewer than six vessels exported 389,000 metric tons of gas to the international market,” it said. LNG Lagos II, exported 77,000 tons; LNG Kano, 68,000 tons; LNG British Sapphire 67,000 tons; LPG Regina, 30,000 tons; LNG Port Harcourt II , 77,000 tons and LNG Concovado, 70,000 tons.

Also, 293,000 metric tons were exported through Onne Port while 274,000 tons were ferried from Warri Port in March and April.

At Onne Port, LNG Adamawa  carried 65,000 tons; LNG Kano,68,000 tons; LNG Cross Rivers; LNG Trinity Arrow carried   65,000 tons; and Silver Joan, 65,000 tons.

Similarly, from Warri Port, LNG Ogun shipped 68,000 tons; LNG Kano  65,000 tons; LNG Enugu 68,000 tons;  and LNG Maran Gas Agamemnon, 70,000 tons.

The report also said about 35,000 tons of LNG gas were shipped to other countries from Onne Port in February.

It was also revealed that the product was shipped by LNG Cross Rivers, 65,000 tons; LNG Goodside Goode, 70,000 tons; LNG Pskov, 70,000 tons; MT Aegean Wave, 25,000 tons; LNG Maran Gas Mystras,  65,000 tons and LNG Vuekiy Novgorod, 70,000 tons.

Meanwhile, NPA has started depending on natural gas and bulk liquid cargoes as means of revenue due to the challenges faced by the ports in the eastern ports, as container and bulk cargo ships abandoned the ports.

Other challenges include: piracy, youth restiveness and terrorism, lack of effective monitoring of offshore operations and shallow depth of the long river channels.

It was gathered that Delta Port revenue generation was coming through LNG shipment and service boat operations, while Onne Port leverages on proceeds from Nigeria Liquefied Natural Gas (NLNG) operations to emerge as the highest revenue earners.

Culled from here

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