Bonny Gas Transport Ltd and Nigeria LNG Ltd. have obtained an order from a New York court to protect their vessel, LNG FINIMA.
A statement signed by Nigeria LNG Ltd’s General Manager, External Relations Division, Kudo Eresia-Eke, explained that the order is also to protect “other assets from arrest or attachment by competing claimants seeking payment for the same parcel of fuel delivered to the vessel, after insolvency of the OW Bunker Company contracted with left the physical supplier unpaid”.
While explaining that this renders redundant an arrest order obtained last week by the physical supplier in Louisiana, Eresia-Eke stated that the invoiced amount is being paid into court to be released to the party adjudged entitled to receive it.
This means that in the meantime, no steps can be taken against any Bonny Gas or NLNG assets and operations in the Bonny Gas fleet should be able to continue normally and without interruption by any of the competing claimants.
NLNG is owned by four shareholders, namely, the Federal Government of Nigeria, represented by the Nigerian National Petroleum Corporation, NNPC (49%), Shell Gas BV, SGBV, (25.6%), Total LNG Nigeria Limited (15%), and Eni International (N.A,) N. V. S. a. r. l (10.4%).