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Nigeria LNG Production Increasing, Force Majeure Remains – Co

THE WALL STREET JOURNAL

APRIL 1, 2009, 6:55 A.M. ET

LONDON (Dow Jones)–Production has resumed at the Nigeria Liquefied Natural Gas plant after the resumption of supplies from Shell Petroleum Development Co.’s Soku gas plant, but the force majeure on LNG deliveries has not been lifted, a spokesman for NLNG said Wednesday.

“(The) Soku gas plant is currently providing gas at lower rates than its maximal capacity and pre-force majeure levels,” he said in an email.

The force majeure remains in place, “pending the time SPDC clears all the remaining operational and other relevant issues,” he said.

SPDC is a joint venture between Royal Dutch Shell PLC (RDSB.LN), Nigerian National Petroleum Co., Eni SpA (E) and Total SA (TOT).

Company Web site: www.nigerialng.com

-By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317; [email protected]

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