The Nigerian National Petroleum Company Limited, NNPCL, says it has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on a Delivered Ex-Ship (DES) basis.
In a statement, a spokesman for the company, Olufemi Soneye, said NNPCL achieved this through the collaboration of two of its downstream subsidiaries which delivered its first DES LNG cargo to Japan, on 27th June 2024.
Since then, the company said it has expanded its footprint to China with the delivery of one LNG cargo on a DES basis.
He said NNPC LNG Ltd, in collaboration with NNPC Shipping Ltd, is scheduled to deliver at least two more LNG cargoes to the Asian market on a DES basis by November.
