Nigeria And Norwegian Firm Agree To Build Floating LNG

Nigerian National Petroleum Company Limited, NNPCL has signed a memorandum of understanding, MoU with Golar LNG, a Norwegian company, to install a floating LNG production unit in Nigeria.

NNPC said via its official Twitter handle on Thursday that its Chief Executive Officer, Mr Mele Kyari, signed the MoU with Golar’s chief, Karl Staubo, during a brief ceremony in Abuja.

NNPCL said this will increase the country’s domestic gas utilisation and enhance gas export.

The Nigerian oil firm said the deal was part of its efforts to deepen Nigeria’s domestic gas utilisation and enhance gas export, but it did not provide any additional information regarding the project.

NAN/Confidence Okwuchi