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Mr Tony Attah, the Managing Director-Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development.

NLNG: Train 7 construction, installation to be executed locally

In an effort to deepen local content in the petroleum industry, the Nigerian Liquefied Natural Gas (NLNG), on Monday disclosed that the entire installation and construction works of its train 7 project would be executed in Nigeria.
Mr Tony Attah, the Managing Director-Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development.

Nigeria lagging behind in gas business – NLNG chief

“Obviously, in today’s reality, the Nigeria LNG is lagging behind, both as a company and as a country,” said Mr Tony Attah, the Managing Director/Chief Executive Officer of Nigeria Liquefied Natural Gas (NLNG) and the Vice President, Bonny Gas Transport, while bemoaning the slow pace of NLNG development .
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has insisted that there is no plan to divest the Federal Government’s stakes in joint venture oil assets.

Federal government to rehabilitate three refineries to produce 360, 000MT of gas by 2023

The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 Metric Tonnes Per Annum (MTPA) of Liquefied Petroleum Gas (LPG) by 2023.
Melee Kyari

NNPC seals $2.5 billion gas supply deal with NLNG

The Nigerian National Petroleum Corporation (NNPC) has challenged shareholders of the Nigeria Liquefied Natural Gas (NLNG) to work very quickly towards expanding the production capacity of the company beyond Train 7 to take advantage of developments in the global LNG market.

Oando announces H1 2019 results, posts N7.2 billion profit-after-tax

Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announced unaudited results for the six months period ended June 30, 2019.

Oando boosts stakeholder confidence, records 37% increase in turnover

Oando PLC has once again demonstrated its ability to deliver good results and create value for shareholders. The indigenous oil company on Friday, March 29, published its financial results for the full year ended, December 31, 2018.

Federal government, NLNG to sign $1 billion Nigerian content deal on Train 7

Hope has rekindled for the actualisation of the Train 7 of the Nigerian LNG Limited as the federal government and the shareholders of the gas-processing and liquefaction company will today in Abuja, sign the Nigerian Content Plan (NCP) worth $1 billion for the project, which has been on the drawing board for 12 years.

Oil prices slide as economic outlook darkens, US supply surges

Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and imports slumped last month.

NNPC chief commends NLNG N1.98 trn shareholders loan repayment

The Nigerian National Petroleum Corporation (NNPC), has commended the Nigeria LNG Limited (NLNG) on its successful repayment of 5.45 billion dollars (N1.98 trillion) loan on Train 1 to 6 investments.

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(FILES) In this file photo taken on November 7, 2019 French Economy and Finance Minister Bruno Le Maire leaves the Elysee palace in Paris after the weekly cabinet meeting. – France could see its deepest recession this year since the end of World War II, due to the coronavirus crisis, Finance Minister Bruno Le Maire warned on April 6, 2020. “The worst growth figure in France since 1945 was -2.2 percent in 2009, after the financial crisis of 2008. We will probably be very far beyond -2.2 percent” this year, Le Maire told a Senate panel. (Photo by Alain JOCARD / AFP)

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