Monday 8 September 2014

NLNG AWARDS $1.5B CONTRACT FOR SIX SHIPS

The Nigerian Liquified Natural Gas (NLNG) Company has signed a $1.5 billion contract with a South Korean firm to construct six new ships for the liquified gas company.

The Managing Director of NLNG, Babs Omotowa, who spoke in Abuja at the weekend, said the bidding and tendering for the project were transparent, arguing that the gas firm “got value for money when you look at our estimates and benchmarks”.

Read more @ The Nation

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