Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Nigeria LNG exports blocked for sixth day over tax dispute

Thu, 27th Jun 2013 12:39

ABUJA, June 27 (Reuters) - Nigeria's liquefied natural gas(LNG) exports have been blocked for a sixth day by the maritimesecurity agency due a dispute over shipping levies, the stateLNG firm said on Thursday.

The Nigerian Maritime Administration and Safety Agency(NIMASA) is stopping LNG exports because it says Nigeria LNG,which is part owned by Shell, Total and Eni, is not paying a three percent shipping levy.

Nigeria LNG says under law it is exempt from the tax and hasgone to court to prevent NIMASA blocking exports.

Related Shares

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...

7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...

31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.