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Oil price drop hitting Nigerian LNG

By Abhishek Kumar
Posted 22 January 2015 11:19 GMT
Bonny Island LNG, Nigeria. Nigeria’s market share of LNG is threatened by a prolonged period of low oil prices. (Shell) Bonny Island LNG, Nigeria. Nigeria’s market share of LNG is threatened by a prolonged period of low oil prices. (Shell)

Nigeria’s market share of LNG is threatened by a prolonged period of low oil prices, which will also dent IOCs interest in the country’s oil and gas sector.