PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Nigeria Intends to Increase LNG to Earn More Revenues - Nigerian government plans to export more LNG (Liquefied Natural Gas) in order to make its presence felt in the international market
Nigeria Intends to Increase LNG to Earn More Revenues

 

NewswireToday - /newswire/ - Delhi, New Delhi, India, 2006/12/15 - Nigerian government plans to export more LNG (Liquefied Natural Gas) in order to make its presence felt in the international market.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The government of Nigeria has plans to export more LNG (Liquefied Natural Gas) so as to capture considerable share in the global market, and also increase revenue for the nation.

A project accomplished by the NLNG (Nigeria LNG Ltd) has brought in revenues of over US$ 3.6 Billion to Nigeria. Also, some money has been plowed back for further expansion of Nigeria's gas sector, as per Funsho Kupolokun -Nigerian National Petroleum Corporation's group MD on November 4, 2006.

Funsho Kupolokun further added that the strategy, which was adopted to seize the market, would focus on the developing LNG market and export pipelines of gas.

LNG business is fiscally attractive with minimum price of gas currently ranging from US$ 2.50 to US$ 3.50 per mcf (Million Cubic Feet). Since demand is already on rise, plus gas reserves are depleting in consuming countries, it's expected that the prices of gas will stabilize at a price range making LNG economically more attractive in future. Presumably, prices of natural gas will be sustained remarkably higher than this range till the time Liquefied Natural Gas turns out to be a reality in a colossal way.

As per the views expressed by a senior Research Analyst at RNCOS, who has recently researched a report on "Future Outlook for Global LNG Market (2010)", since the petrol prices are uncertain, demand for LNG market is rising and for overcoming the scarcity in the consumption of LNG countries are tracking for LNG supply. In such a scenario if Nigeria has plans for exporting the LNG, it has a vast opportunity of earning bulks of revenues from it.

Key findings of and issues covered in the "Future Outlook for Global LNG Market (2010)" report include:

- Atlantic LNG market is growing at faster pace as compared to Asia-pacific market
- Role of Middle East is rising rapidly as LNG importer
- Japan and Korea were the largest importers of LNG in 2005
- Get an insight into the trends in market performance
- Pinpoint sectors of growth and identify the driving factors

About the report

The report further provides research and objective analysis on Global LNG Industry. It helps clients to analyze the opportunities, and factors critical to the success of this industry and potential markets for LNG market.

About RNCOS

RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Nigeria Intends to Increase LNG to Earn More Revenues

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Energy Most Recent Related Newswires:

GE Completes Acquisition of LM Wind Power
Enel Starts Construction of 300 MW Red Dirt Wind Farm in United States
ET Solar and DSM Announce Strategic Partnership to Accelerate Market Penetration of PV Modules Featuring Unique Sustainable and Durable Backsheets
El Lago Named 'Green Power Community' in Texas by U.S. EPA
GE and Southern California Edison Debut World’s First Battery-Gas Turbine Hybrid
GE Successfully Installed the First Unit of 1,500-Volt Solar Inverter in Japan
ENGIE Wins A 338 MWp Solar Project in India
GE & MGH Mark Commercial Operations of 9F Gas Turbines At Baghdad Power Plant
ENGIE and Axium Secure 50-year Comprehensive Energy Management Contract with The Ohio State University in the US
ENGIE Axima Chosen by the Shipyard MV Werften within the Scope Limit of the Building of 2 XXL Cruise Ships
SPR Energy Puts Trust in GE to Operate Malaysian Power Plant for the Next 18 Years
ENGIE Acquires 100% of La Compagnie Du Vent
Enel Signs 25-Year PPA with Zambian National Utility Zesco
ENGIE to Transfer its 40% Stake in NuGen Project to Toshiba
Enel Begins Operation in USA of its Largest Wind Farm

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)