Middle East & Africa: Price trends
The proposed additional tax on Nigeria LNG Ltd could increase the price of LNG offered by Nigeria on the international market.
Nigeria’s House of Representatives passed a bill in May seeking to amend the Nigeria LNG Limited Act to make the company pay the 3% Niger Delta Development Commission levy. There is a strong likelihood the Senate will pass the bill.
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up