• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 3, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Natural Resources

NLNG’s report on illegal shipment of oil to America

NLNG

The Matters Press by The Matters Press
February 22, 2022
Reading Time: 2 mins read
0
NLNG seeks partnership with NMDPRA to boost domestic gas market

The Nigerian Liquefied Natural Gas (NLNG) Limited, has said that there’s no truth in an online report linking the company’s officials with the illegal shipment of at least $1 billion worth of oil to the Americas.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

The online medium had captioned the story: “Exclusive: How Top Officials In Nigerian Corporations, NLNG, NNPC Operate International Cartels, Illegally Ship Over $1 billion Oil To US, South American Countries.”

But in a statement, General Manager, External Relations and Sustainable Development, Andy Odeh, described the report as false and malicious.
He added that it was calculated to cast the company and its leadership in bad light, as no opportunity was ever offered to the company to react or respond to the allegations prior to the publication.

“Clearly, the report is at best a figment of the writer’s imagination. Either the author of the report was simply being mischievous, or is totally deficient in knowledge of the dynamics of the global LNG industry,” NLNG stated.

To set the records straight, NLNG stated that deliveries of LNG from its Bonny Terminal complies with all regulatory requirements for the export of its products and are made under various term and spot sales contracts.

According to the company, these deliveries are made to destinations such as Europe, the Far East, Greater Middle East, North America and South America, thus ensuring NLNG’s position as a significant competitive global LNG supplier.

The statement stressed that NLNG remains a responsible corporate citizen, operating its business according to strong business principles and ethics in accordance with requirements of relevant Nigerian and global laws and regulations.

“From the commencement of its operations in October 1999, NLNG has never, and does not, engage in illegal or backdoor exportation of LNG or any of its products, nor is NLNG involved in any international cartel, as alleged.

“It is simply not true that ‘the illegal exportation is still ongoing with the backing of some players in NLNG”.

Accordingly, the company stated that the LNG trade undertaken by the company is bound by strict protocols and controls, hence not amenable to the kind of illegitimate schemes alleged in the report.

Source

Tags: NLNG
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
CIIN president tasks Insurance directors on manpower development

Insurance firm pays N7.59bn claims in 2021

Buhari congratulates Biden, President-elect of USA

Biden slaps Russia with sanctions over invasion of Ukraine

Recommended Stories

Egypt’s economic strides excite AfDB

Adesina, others receive diaspora global Icon award

August 1, 2023
Trading in Nigerian stock market dips further N83bn

Stock market extends bearish trend by N75bn

December 23, 2021

Shawwal crescent moon sighted, Tuesday is Sallah

June 3, 2019

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us