The fire incident at Shell’s Gbaran facility in Bayelsa on Tuesday could potentially impact the cost of Liquefied Natural Gas in Nigeria, adding to the recent rise in the country’s Liquefied Petroleum gas prices.
The facility, crucial to Nigeria’s LNG gas feedstock project, processes a significant amount of gas daily.
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Despite the explosion and smoke sightings, Shell has assured that there won’t be an immediate operational shutdown.
The company is actively investigating the incident and its potential effects on operations, closely monitoring the situation with regulatory authorities to ensure community safety
