Nigeria Loses 20% of Gas Exports to Pipeline Vandalism   A recent pipeline attack by suspected vandals has severely impacted Nigeria's liquefied natural gas exports, resulting in a substantial 20% decline. The damage to critical pipelines has disrupted the country's ability to export LNG, highlighting the ongoing...

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...

Cooking Gas Price Hike: NLNG Faults Market Forces, External Factors The Nigerian Liquefied Natural Gas Company Limited (NLNG) has denied responsibility for the recent price hike in the country’s cooking gas. In a statement, NLNG’s General Manager, External Relations, Andy Odeh, described media reports insinuating that...

Why Cooking Gas Price is Skyrocketing - NLNG   At the backdrop of the sustained upswing in the prices of cooking gas, the Nigerian LNG Limited, has indicated that three major factors around the domestic macroeconomic developments as well as global factors have combined to constrain...

Cooking Gas Price Rises By 17%   The price of Liquefied Petroleum Gas (LPG) otherwise known as cooking gas, has risen by 17 per cent in October 2023 as the 12.5kg now sells at N10,250 from N8,500 recorded in August 2023. This is even as the price...

FAAC Tackles NNPCL Over $55m NLNG Dividend   The Federation Account Allocation Committee (FAAC) has launched an investigation to find out what the Nigerian National Petroleum Corporation Limited (NNPCL) did with some dividends from the Nigerian Liquified Natural Gas (NLNG). NLNG is a Nigerian natural gas company...