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NLNG

No plans to sell NLNG, FG assures

. Reps query $1.6bn contract variation

Minister of state for Petroleum Resources, Dr. Ibe Kachikwu, on Tuesday, laid to rest speculations that the Buhari administration plans to sell the Nigerian Liquefied Natural Gas Limited (NLNG) located at Bonny Island, Bayelsa State.

Final decision on Train 7 Plus very soon -NLNG

Nigeria LNG Limited has announced that the company, with the full support of its Board, is making steady progress towards achieving Final Investment Decision (FID) on its Train 7 Plus (7+) project during 2018.This phase of the company’s strategic growth programme will on completion upscale NLNG’s annual production capacity from the current capacity of 22 mtpa to 30 mtpa.

NLNG, FG, JBN sign N120bn Bonny-Bodo Road project Agreement

UGO AMADI

The construction of Bonny Island–Bodo road in Rivers State came closer to actualisation on Thursday as Nigeria LNG Limited (NLNG) signed a tripartite agreement in Abuja with the Federal Government and Julius Berger Nigeria Limited to part-fund the construction of the N120.6 billion road connecting communities in the state.

NNPC remits $285m to Federation Account in 6 months

…As NLNG gives reasons for recent cooking gas price hike 

..Cooking gas scarcity persists due to forex, lack of space at jetties – Suppliers

Ugo Amadi

The Nigerian National Petroleum Corporation (NNPC) has blamed oil marketers in the country for the excruciating scarcity of kerosene and Liquefied Petroleum Gas (LPG), also known as cooking gas and the high price of the commodities across the country.

….Sale assets and re-invest to critical infrastructure-  Chukwu

UGO AMADI

Mixed reactions has continues to trail the recent  call for the sale of Nigeria’s national assets to raise money to plug the hole in the declining revenue of the country , while some are of the opinion that government can sale and re invest into infrastructure while others are saying no to the idea.

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