Business Nigeria Earns N2tr from LNG Business- Guardian



Nigerian Liquefied Natural Gas (NLNG) has so far realised over N2 trillion in dividends from the sale of liquefied natural gas, which has also reduced substantially gas flaring in the country.

Meanwhile, the Nigerian National Petroleum Corporation (NNPC) has started looking for new export market for the country’s gas resources to fill the gap created by the exit of the United States as the highest importer of the country’s natural resources.

The Managing Director, NLNG, Babs Omotowa, stated during the launching of the NLNG “Facts and Figures”, in Lagos at the weekend, that the company has made tremendous impact in the socio-economic growth of the nation, and also bracing up to hold 10 per cent of the global market soon.

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Source: #Guardian