Eni has signed a new ten-year supply contract for 1,5 million tons of liquefied natural gas (LNG) with Nigeria LNG Limited (NLNG), a joint venture between NNPC, Shell, Total and Eni (with a share equal to 10,4%).
The liquefied gas will be produced by the existing liquefaction trains (Trains 1,2 and 3) located in Bonny Island, Nigeria. Eni, through its local subsidiary NAOC, is also one of the gas suppliers to the plant and participates in the enhancement of the associated gas resources in the country.
The agreement, together with the similar agreement signed last December between Eni and NLNG for the purchase of 1,1 million tons of liquefied gas, allows Eni to add further volumes to its global LNG portfolio starting from 2021 and to further support the development of its presence in the main target markets.
Eni has been present in Nigeria since 1962, with exploration, development and production operated and non-operated in onshore and offshore areas of the Niger Delta. Eni's equity production in the country currently exceeds 100.000 barrels of oil equivalent per day.