Posts Tagged ‘NLNG’

NIGERIA| Gas Proceeds Drop By 50%

by Breaking Timeson December 26, 2015
The latest data from the Nigerian National Petroleum Corporation (NNPC) have shown that gas proceeds from the Nigeria Liquefied Natural Gas and others have dropped by 50.2 per cent from $169.728m in January. The NNPC put gas proceeds from the NLNG, Escravos Gas to Liquid, Natural Gas Liquids and NGAS in October at $84.575m. The […]

I Left $5.6Billion In NLNG Account Says Deziani Madueke As Her Health Condition Worsens

by Breaking Timeson November 23, 2015
Reports reaching BreakingTimes suggests that the health condition of the former Minister of Petroleum, Diezani Alison Madueke seems to be depreciating rapidly. We are told that ex-minister has asked her relatives to immediately fly her back into Nigeria this week as her health took a turn for the worse. It was also gathered that the former Petroleum Minister has not been responding to […]

NLNG DIVIDENDS| FG, States to share $150 million, Invest In NSIA

by Breaking Timeson November 19, 2015
The National Economic Council (NEC) chaired by Vice President Yemi Osinbajo on Thursday approved the sharing of $150 million from $400 million Nigeria Liquefied Natural Gas (NLNG) dividend by the Federal Government and state government. The Council also approved that the balance of $250 million be invested in the Nigerian Sovereign Investment Authority in order to increase […]

Obasanjo, Yar’Adua, Jonathan Never Touched NLNG Funds – PDP

by Breaking Timeson July 13, 2015
The Peoples Democratic Party (PDP) has said non of its successive governments ever tampered with the Nigeria Liquefied Natural Gas (NLNG) dividends in the last 10 years. A statement signed by the PDP National Publicity Secretary, Chief Olisa Metuh on Sunday in Abuja said that the fund at the end of President Goodluck Jonathan’s tenure […]