Nigeria licenses first floating LNG plant for export and domestic use
Nigeria has more than 209 trillion cubic feet of gas reserves but loses over $1 billion in annual revenue due to gas flaring, government estimates show.
Tag: Julius Rone
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UTM FLNG visits Tinubu on new gas plant, promises to crash prices
The facility also aims to leapfrog the national economy by producing an annual 1.5 million tonnes of Liquefied Natural Gas (LNG) for export as well as 300,000 LPG metric tonnes for domestic markets, aimed at lowering and stabilising prices of gas, while creating thousands of jobs and investment opportunities in Nigeria.