Galp admitted on Monday the cancellation of yet another supply of liquefied natural gas (LNG) from Nigeria, scheduled for the end of October, but guarantees that it has already secured the purchase of this volume from the market and has not foreseen further cancellations.
“The latest update from Nigeria is that an LNG shipment may be affected at the end of October, but they are currently not forecasting any further effects in November”Galp’s trade director, Rodrigo Vilanova, said during a conference call with analysts to present the oil company’s third-quarter results, which were released Monday before the market opens.
Regarding the volumes that may have been affected in October due to the failure of the ship carrying gas from supplier Nigeria LNG Limited, the official said the oil company has “already successfully acquired the majority” in the supply market. per pipeline.
“We have already guaranteed the replacement of most of the affected volume,” assured Rodrigo Vilanova.
Source: DN
