The Nigeria Liquefied and Natural Gas Company declared force majeure owing to widespread flooding that has disrupted supply, a company representative said.
A clause known as “force majeure” is frequently found in contracts and, in essence, releases both parties from responsibility or obligation when an extraordinary situation or circumstance, such as a war, strike, riot, crime, epidemic, or sudden changes in the law, hinders one or perhaps both parties from upholding their end of the bargain.
NLNG claimed that all of its upstream gas suppliers had announced force majeure, compelling it to do the same. Don’t wait until fuel prices skyrocket; Get Solar powered generator today
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