By Alison Godswill Despite its leading role globally, the Australian LNG exports were $36.2 billion, down 25.5% from the 2019 record of $48.6 billion in 2020. In its latest report, obtained by The Daily, www.thedaily-ng.com, EnergyQuest, stated: “According to the Australian Bureau of Statistics (ABS) the total value of 2020 Australian LNG exports was $36.2 […]
How Australian 2020 LNG export revenue down 25% to $36.2bn Read More »
By Eyo Nsima China and Japan have been identified as two top destinations for Australian Liquefied Natural Gas, LNG. According to the EnergyQuest Report, obtained by The Daily, www.thedaily-ng.com, it stated: “Australia had by far the largest market share in China in 2020 with 29.1 Mt (43.3%) of the total LNG imports. Qatar was the
LNG: China, Japan equal remain top Australian destinations Read More »
Notwithstanding COVID-19, LNG imports by North Asian countries (including Taiwan) increased by 2.5% to a total of 200.3 Mt LNG in 2020, 4.8 Mt higher than in 2019 when 195.5 Mt was imported, according to the latest EnergyQuest report obtained by The Daily, www.thedaily-ng.com. The report, stated: “Import prices took a hit with the falling
Northern Asian LNG imports top 200 Mt — Report Read More »
By Alison Godswill Nigeria might not benefit much from the appointment of Dr. Ngozi Okonjo-Iweala as the new Director General of the World Trade Organisation, WTO, because its non-oil exports are largely primary commodities with little or zero value addition. The Lagos Chamber of Commerce and Industry, LCCI, which disclosed this in a statement obtained
WTO: Why Nigeria may not benefit from Dr. Ogozi Okonjo-Iweala as DG Read More »
By Eyo Nsima The Lagos Chamber of Commerce and Industry, LCCI, has noted that Africa has peculiar challenges in the global trade arena. The LCCI, who noted this in its statement on the appointment of Nigeria’s Dr. Ngozi Okonjo-Iweala, as the Director General of the World Trade Organisation, WTO, stated: “The continent is deeply integrated
WTO: Africa has peculiar challenges to address as Dr. Okonjo-Iweala becomes DG — LCCI Read More »
By Alison Godswill The confirmed cases of Coronavirus pandemic has increased to 146,928, according to the Nigeria Centre for Disease Control, NCDC. In its latest report obtained by The Daily, www.thedaily-ng.com, it stated: “On the 15th of February 2021, 574 new confirmed cases and 8 deaths were recorded in Nigeria. “Till date, 146,928 cases have
COVID-19: Confirmed cases rise to 146,928 in Nigeria Read More »
By Eyo Nsima The Lagos Chamber of Commerce and Industry, LCCI, has described the appointment of Dr. Ngozi Okonjo-Iweala, as timely, stressing that the global trading system is faced with numerous challenges, including supply chain disruptions precipitated by the coronavirus pandemic,rising protectionism& unilateralism, growing economic nationalism, imposition of trade restrictions coveringsubstantial amount of international trade,
By Eyo Nsima There were fears of a possible new price of petrol emerging soon as the landing cost of the product rose from N151 to N180 per litre because high crude oil prices. The consistent rise of crude oil prices from about $58 to more than $63 per barrel has compelled operators to incur
BREAKING: New petrol price underway as landing cost hits N180 per litre Read More »
By Eyo Nsima Contrary to a widespread rumour making the rounds, the Nigerian Communications Commission (NCC) has denied that it is currently recruiting. In a statement obtained by The Daily, www.thedaily-ng.com, NCC, stated: “The Nigerian Communications Commission (NCC) would like to draw the attention of the general public to the false advertisements being circulated online
NCC, not recruiting — Management Read More »
The price of Nigeria’s Bonny Light has risen further to $62.51 in the international market as the Organisation of Petroleum Exporting Countries, OPEC, and partners, continue in their oil cut deal. The rise in price means that Nigeria, currently over-depending on crude oil production and export will be in a better position to fund its
BREAKING: Nigeria’s Bonny Light price hits $62.51 per barrel Read More »
