Since early February, China has stopped receiving liquefied natural gas (LNG) from the United States, with the last tanker arriving on February 6 in Fujian province, according to the Financial Times.
NNPCL Launches Five LNG Expansion Project in Kogi
The Nigerian National Petroleum Company Limited (NNPCL) has officially commenced the construction of five mini Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State.
The initiative, aimed at expanding Nigeria’s domestic gas utilisation, is expected to boost energy...
FG Generates $21.5bn From NLNG’s $44bn Dividend Payment In 25 Years
The federal government has received about $21.56 billion of the $44 billion dividends disbursed by the Nigeria Liquefied Natural Gas Limited (NLNG) in the last 25 years, the company’s ‘Facts & Figures’ for 2024...
FG Signs Afreximbank Deal to fund $200m LNG Project in Bayelsa
Nigeria and African Export Import Bank, Afreximbank, yesterday, signed an agreement targeted at funding the nation’s $200 million Liquefied Natural Gas, LNG project, located in Bayelsa State.
The agreement was signed at the ongoing African...
Gas Price to Rise Next Week - Marketers
The President of the Nigerian Association of Liquefied Petroleum Gas Marketers, Olatunbosun Oladapo, disclosed that Liquified Natural Gas price also known as cooking gas is set to rise next week due to external forces and taxes.
While hinting...
FG Targets 16.2mn tonnes of LNG Exports - Report
The Independent Commodity Intelligence Services has revealed that Nigeria is aiming to export 16.2 million tonnes of Liquefied Natural Gas in 2023.
According to ICIS, Nigeria’s LNG exports depreciated in 2022, falling 15 per cent compared with...
