Business Hilights

Tracking Nigeria's Headline Business News Online

Liquefied Natural Gas (LNG)

Season of LNG deals in Nigeria as ExxonMobil, firm Seal $406m supply contract

Barely few days Chevron, NLNG signed GSAA with refineries, manufacturing and power generating firms on supply of gas, Exxon Mobil Corporation’s subsidiary, SeaRiver Maritime has concluded $406.2million two new LNG carriers deal. According to the company, each of the LNG…

E’Guinea to process Nigeria’s natural gas for export—Nigerian Ambassador

Whereas the key problem frustrating Nigeria’s growth in Liquefied Natural Gas (LNG) has been lack of adequate gas process infrastructure, neighbouring Equatorial Guinea with massive gas processing facilities are set to approach Nigeria for partnership. This was the revelation of…

Nigeria, Mozambique, Canada, Russia, Qatar stifling LNG market as US ventures

Just as Nigeria recently sealed a deal to deliver the seventh train of Liquefied Natural Gas (LNG), since recently, the US government under Donald Trump has stepped up investments in LNG production and exports. The addition of the Cove Point…

FG reduces gas flare to 10%, steps up gas utilization, monetization—NNPC

Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru has disclosed that the federal government is targeting 10 per cent of the world’s market share in traded Liquefied Natural Gas (LNG) as it intensifies gas capturing,…

Trucking gas to power plants, industries risk of the highest order on roads—Stakeholders

Road and energy safety experts have started weighing the merits and demerits of the recently sealed deal between the Nigerian National Petroleum Corporation (NNPC) and some joint venture partners to commence the delivery of Liquefied Natural Gas (LNG) by trucks…

Gas shortfall from Nigeria forces Ghana to seal new supply deal with E’Guinea

The Government of Ghana weekend, signed a Heads of State Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of Liquefied Natural Gas (LNG) per day. The new deal was sealed during President…