Amendment of NLNG Act Threatens $25b Prospective Investment

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Apart from the immediate relocation of investments in excess of $25 billion to other countries, Nigeria will also be opened to the risk of fines running into billions of dollars in International Courts if it amends the Nigeria LNG Acts, according to the Managing Director of Nigeria Liquiedfied Natural Gas (NLNG), Babs Omotowa. Omotowa said that Venezuela and Ecuador were … Read More