Thursday 18 December 2014

NIGERIA’S VANISHING DREAMS OF $37BN LNG PROJECTS

A NLNG plant
Despite natural gas reserves of over 187 trillion cubic feet, Nigeria seems unwilling to harness its huge gas endowment while major projects that could help realise its potential in this regard appear to have been neglected.

Nigeria is the 20th largest oil producer in the world. It is the eighth largest exporter of crude oil, and sixth among member countries of the Organisation of Petroleum Exporting Countries.


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