Nigeria LNG to buy six ships from Samsung, Hyundai

Nigeria Liquefied Natural Gas Company will sign agreements with South Korea's Samsung Heavy Industries and Hyundai to acquire six LNG carrier ships this week, two sources claimed.

France's BNP Paribas and Nigeria's GT Bank are brokering a $1.6 billion loan to help fund acquisition of the vessels and expect to sign the financing documents next week, a banking source said.