Nigeria LNG (NLNG) has denied reports that top officials illegally withdrew $1.05 billion from its dividend account with its majority shareholder, Nigerian National Petroleum Corp. (NNPC).
Pandemic-driven lockdowns have taken their toll on small companies in every sector, while larger companies can take a longer view on matters, including in the LNG sector.
Nigeria LNG has awarded an engineering, procurement and construction (EPC) contract for a seventh train, worth more than $4 billion.
Total Gas & Power has signed a sales and purchase agreement (SPA) with Nigeria LNG (NLNG) for 1.5 million tonnes per year.
Nigeria LNG (NLNG) has taken the final investment decision (FID) on Train 7, the long-awaited expansion project that will take the project’s capacity to 30 million tonnes per year.
Nigeria LNG (NLNG) has signed gas supply agreements (GSAs) to supply three of its existing trains – plus the seventh, which is yet to reach a final investment decision (FID).
Vitol has signed a sale and purchase agreement (SPA) with Nigeria LNG (NLNG), for some production from Trains 1, 2 and 3.