Bloomberg: Nigerian LNG to Return to Europe as Asian Prices Drop, IEA Says
02 Mar 2015: “Nigeria LNG Ltd., a venture between Nigerian National Petroleum Corp., Royal Dutch Shell Plc, Total SA and Eni SpA, operates Africa’s largest liquefaction plant, which at 22 million metric tons a year accounts for more than 7 percent of global capacity. It cost 74 cents a million Btu to ship LNG from the west African nation to Spain in December, compared with $2.16 to Japan, according to Poten & Partners Inc. data on Bloomberg.”