BusinessDay
Nigeria's leading finance and market intelligence news report.

Explainer: Why NLNG Train 7 is going ahead despite gas glut

Despite a world awash in liquefied natural gas and lower prices, shareholders of Nigeria LNG Ltd proceeded with the signing of the Engineering, Procurement and Construction (EPC) contract for Train 7, the company’s major gas expansion plan. This announcement comes at a difficult time just as LNG prices in Asia and gas prices in Europe have…



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