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    New Telegraph: LNG Price’s Flux Threatens Nigeria’s $1bn Revenue

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Summary

Fluxes in the price of liquefied natural gas could affect the $1 billion revenue received currently by the Nigerian government for the fuel, Deloitte says

by: Erica Mills

Posted in:

Press Notes, Africa

New Telegraph: LNG Price’s Flux Threatens Nigeria’s $1bn Revenue

The instability in global price of Liquefied Natural Gas (LNG), which provides $1 billion revenue annually to the Federal Government, will create a tighter and geographically proximate sale for Nigeria and others, Deloitte has said. The global consulting firm, which said this in its latest report, Deloitte Touche Tohmatsu Limited’s (DTTL) Oil and Gas Reality Check 2015, stated that the price stability was no more a model for global LNG market stability. 

Read the full article HERE.