NNPC Limited signed an MoU with Golar LNG to build a
floating liquefied natural gas plant in Nigeria to increase the country’s
domestic gas utilization and enhance gas export.
Nigeria’s state oil firm has signed a memorandum of understanding (MoU) with Golar LNG of Norway to build a floating liquefied natural gas (LNG) plant in the country, the company said late on Wednesday.
Africa’s biggest oil producer, Nigeria, holds some of the
world’s biggest gas reserves and is seeking investment to boost its domestic
supplies and exports.
The Nigerian National Petroleum Corporation Limited (NNPC)
said on Twitter that the MoU was signed by NNPC chief executive Mele Kyari and
Golar CEO Karl Fredrik Staubo in the federal capital, Abuja.
The company did not provide further details and did not respond
to requests for comment.
PHOTO NEWS:
— NNPC Limited (@nnpclimited) April 26, 2023
In furtherance of its efforts to deepen Nigeria's domestic gas utilization and enhance gas export, @nnpclimited has signed a Memorandum of Understanding (MoU) with a Norwegian company, Golar LNG (GLNG),to build a Floating Liquified Natural Gas (LNG) plant in Nigeria. pic.twitter.com/e8r6CLKmr0
Golar has in the past indicated plans to set up a power
project in Nigeria that could use one of its vessels to import LNG.
Nigeria also recently signed an MoU with Algeria and the
Niger Republic and the ongoing construction of the Trans-Saharan Gas Pipeline,
a 614km (381.5 miles) long natural gas pipeline beginning in northern Nigeria.
There is no official word on when the pipeline, first mooted
in the 1970s, will be completed but it is slated to run through northern Nigeria
into Niger and Algeria, connecting to Europe eventually.
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