{"id":3241,"date":"2013-05-06T20:30:54","date_gmt":"2013-05-06T20:30:54","guid":{"rendered":"http:\/\/disnaija.com\/nigerian-newspapers\/nlng-exports-delayed-over-tax-dispute\/"},"modified":"2013-05-06T20:30:54","modified_gmt":"2013-05-06T20:30:54","slug":"nlng-exports-delayed-over-tax-dispute","status":"publish","type":"post","link":"https:\/\/disnaija.com\/nlng-exports-delayed-over-tax-dispute\/","title":{"rendered":"NLNG exports delayed over tax dispute"},"content":{"rendered":"
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Nigeria’s Liquefied Natural Gas (LNG) exports have been delayed after a security agency blocked ships from accessing the Bonny terminal from May 3 to May 5, the state-LNG firm said on Monday.<\/p>\n

The Nigerian Maritime Administration and Safety Agency (NIMASA) stopped the ships from entering or leaving the 22 million tonnes-a-year terminal because it said the NLNG was not paying its freight levies.<\/p>\n

“Nigeria LNG is a law-abiding corporate citizen and pays all its lawful dues and taxes … NLNG’s position had been that it was exempted from the levies,” Reuters quoted the firm as saying in a statement.<\/p>\n

Access was denied from 1600 GMT on Friday until an unspecified time on Sunday, said NLNG.<\/p>\n

One ship loaded with LNG was prevented from exiting the terminal during the blockade and two ships for loading could not enter, an LNG industry source told Reuters.<\/p>\n

The Nigerian National Petroleum Corporation owns 49 percent of Nigeria LNG with Shell holding 25.6 percent, Total 15 percent and Eni 10.4 percent.<\/p>\n

Nigeria ships over 250 cargoes of LNG a year, contributing around seven percent of global supply and accounting for four percent of Gross Domestic Product in Africa’s second largest economy, according to NLNG.<\/p>\n

Products’<\/p>\n

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Source: The Nation Newspaper<\/p>\n

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