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NLNG

News and stories about NLNG

Nigeria LNG Limited (NLNG) is turning to third-party gas suppliers to sustain production, following a sharp decline in plant utilization caused by dwindling feed gas from its traditional International Oil Company (IOC) shareholders. 
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the appointment of Mr. Andy Odeh as Chief...
The Nigerian Liquefied Natural Gas (NLNG) Limited has launched a new economic empowerment initiative in Rivers State, the...
A London court has ordered Nigeria LNG (NLNG) to pay $380 million in compensation to two major global commodity traders, Vitol and Glencore, after winning a legal battle against Nigeria’s sole liquefied natural gas producer. 
Nigeria's exports of Liquified Natural Gas (LNG) dropped by 20% last week, according to data from Bloomberg ship-tracking. 
The Federal Government has proposed a 30% advance payment from Nigeria LNG (NLNG) to accelerate the Bodo-Bonny road project in Rivers State.  
Nigeria National Petroleum Corporation (NNPC) Limited alongside French energy major, TotalEnergies, will invest a swooping sum of $550 million to develop gas facilities in oil-rich Rivers State.  
A US based firm, Venture Global LNG has condemned Shell for its poor performance track record at its LNG facilities as the dispute between European LNG buyers and Venture Global LNG escalates.
Tijani said the SPV will be modeled in governance and operations similarly to some of the best Public-Private Partnership setups in Nigeria, such as NIBSS and NLNG.
Last week, while Nigerians faced rolling blackouts, the country took a significant step forward in gas logistics which could have significant implications, and lessons, for the wider sector and economy.
With the yuletide season fast approaching and with the restrictions at the Panama Canal getting even tighter, some analysts project cooking gas might cost up to N1500 per kilogram at Christmas.
The current challenge in Nigeria's natural gas sub-sector lies in feed gas supply, largely due to crude oil theft impacting both associated gas and oil production.