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NLNG Has Paid $7bn Tax, $15bn Dividend To FG – MD

NLNG Has Paid $7bn Tax, $15bn Dividend To FG - MD   The Nigeria LNG Limited says it has paid over $7bn as taxes and issued more than $15bn as dividend to the Federal Government since it started operations. NLNG’s Managing Director, Tony Attah, who disclosed this...

Decision On $10bn NLNG Train 7 Suffers New Delay

Decision On $10bn NLNG Train 7 Suffers New Delay   The Federal Government and other shareholders of the Nigeria LNG Limited failed to take a final investment decision on the company’s Train 7 project last week, our correspondent has learnt. It was gathered that the Final Investment...

Oando, NLNG Seal Deal To Supply Gas For Trains 1-3 & 7

Oando, NLNG Seal Deal To Supply Gas For Trains 1-3 & 7   Oando Plc, through its upstream arm, Oando Energy Resources, has signed two gas supply agreements (GSA) with the Nigeria Liquefied Natural Gas Limited (NLNG), for the renewal of gas supply for the existing...

Marketers Criticize NLNG Over 70% LPG Importation

Marketers Criticize NLNG Over 70% LPG Importation     The Nigerian Association of Liquefied Petroleum Gas Marketers has condemned Nigeria’s importation of Liquefied Natural Gas when the country has abundance of it. NALPGAM particularly faulted the Nigerian Liquefied Natural Gas Limited for allegedly exporting about 70 per cent...

NNPC, NLNG Sign Deal For $2.5bn Gas Supply

NNPC, NLNG Sign Deal For $2.5bn Gas Supply   Nigerian National Petroleum Corporation (NNPC) and Nigeria Liquefied Natural Gas (NLNG) have sealed pact for upstream gas development projects to supply gas to NLNG train one to six. Urging shareholders to accelerate the production capacity of the company...

NLNG Demands $10bn Loan For Train 7

NLNG Demands $10bn Loan For Train 7   The Nigeria LNG Limited, the operator of Africa’s largest natural gas plant, has said it is in talks with lenders for N10bn loan to enable it to finance its Train 7 project. The Chief Executive Officer, Mr Tony Attah,...