Business

By Joel Anekwe, Port Harcourt Former managing director/chief executive officer of the Nigeria Liquefied Natural Gas, NLNG, Engr. Tony Attah, at the weekend handed over the symbolic key to NLNG to his successor, Dr. Philip Mshelbila. This was as Attah expressed hope that the company would go beyond building of the …

Joel Anekwe The Nigeria LNG Limited (NLNG) has denied any involvement in the shortfall and consequent rise in the price of Liquefied Petroleum Gas, LPG, or cooking gas, dismissing as grossly inaccurate a recent report that NLNG produces 22 million tonnes per annum (MTPA) of Liquefied Petroleum Gas. A statement …

The recent commencement of construction of Train 7 plant of the Nigeria Liquefied Natural NLNG has been praised by industry experts, especially the out-going managing director and chief executive officer MD/CEO of the company, Engr. Tony Attah as the main catalyst for the achievement of the Federal Government’s “very ambitious …

The Bayelsa State Government has allocated 595 hectares of land for the proposed Brass fertilizer company in Odioma Kingdom in Brass Local Government Area of the state. This was as the government also hinted that the bush clearing at the site of the said project has commenced in earnest. The …

Management of the Rivers Port, Nigerian Ports Authority (NPA), has intensified efforts to see an end to the face-off between the Port Terminal Operators Limited (PTOL), one of our terminal operators at the port, and importers and shipping agents using its services. This became known as the leadership of the …

By Amos Odhe, Yenagoa The Kolo Creek Cluster Development Board, KCDB, an SPDC funded cluster in the Ogbia council area of Bayelsa State, have lauded the Shell Petroleum Development Company of Nigeria, SPDC, on its execution of projects and implementation of terms entered in its GMoU with community members of …

By Joel Anekwe Nigeria’s Natural Gas Reserve has risen to 206.53 trillion cubic feet (tcf), the Department of Petroleum Resources DPR has announced, describing it as a development showing that the country’s declaration of the gas decade is on course. Sarki Auwalu, managing director and CEO of the Department of …

By Joel Anekwe Nigeria’s President Muhammadu Buhari has stated that the Nigeria Liquefied Natural Gas Train 7 project is a big enabler of his administration’s plan to transform Nigeria into a major gas and industrialised nation. The President stated this at the ground breaking of the Train 7 LNG project …

By Joel Anekwe  As the world forges ahead with energy transition to reduced dependence on fossil fuel, Nigeria’s President Muhammadu Buhari has called for a cost reduction strategy to make the exploration and production of crude oil more competitive and attractive to investors. The President who was represented at the …

By Joel Anekwe  The Nigeria Liquefied Natural Gas Limited (NLNG) has signed Global Memoranda of Understanding (GMoU) with three communities in Rivers State that would enable the communities “take ownership and drive sustainable community development” with the active support of the company. NLNG announced the first phase of the new …