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Portugal May Be Impacted by Nigerian LNG Force Majeure

LNG

Nigeria LNG’s force majeure may cause European sourcing disruptions according to Portugal’s GALP.

  • The Portuguese oil company said "no information was provided to support an assessment of potential impacts [of the force majeure]".
  • Portugal's environment and energy minister Duarte Cordeiro said last month his country could face supply problems this winter if Nigeria does not deliver all the LNG it is due to.
  • Nigeria supplies around 50% of Portugal’s LNG volumes.

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