NLNG’s Bonny Plant Still Active, in Operation – Official The Nigeria LNG Limited has disclosed that its Bonny Island plant remains operational despite a force majeure declaration in October 2022. This was confirmed in a statement by the General Manager, External Relations and Sustainable Development, NLNG,...

Oil Export Revenue Declined By 98% In April – NNPC       The Nigerian National Petroleum Corporation has said crude oil export proceeds plunged by 98 per cent in April, compared to March. The NNPC said in a report that the total revenue from crude oil exports in...

Oil Revenue To Remain Subdued As Output Plunges By 15%       Despite the recent rise in oil prices, there are strong indications that Nigeria is not likely to be out of the woods in its petroleum revenue performance and budget funding, due, mainly to the significant...

Cooking Gas Price Rises 20% On Weak Naira         The price of Liquefied Petroleum Gas, popularly known as cooking gas, sold to marketers in the country has risen by over 20 per cent in the past one month, with consumers paying more for the product. The naira...

Supply Of Nigeria’s LPG Rises By 34.7% In 11 Months         The supply of Liquefied Petroleum Gas, LPG, also known as cooking gas, has increased to 793,000 metric tonnes, MT in the first 11 months of 2020. Information available to Energy Vanguard showed that domestic supply stood...

NLNG Targets Eight More Plants As Competition Grows         The Nigeria LNG Limited has said Nigeria needs at least 15 Liquefied Natural Gas trains to be able to stay competitive in the global natural gas markets. The Managing Director and Chief Executive Officer, NLNG, Mr Tony Attah,...