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Nigeria Eyes FLNG Project, Sanctions 300 MMcf/d Natural Gas Development

Team_HydrowavBy Team_HydrowavJune 20, 2024No Comments1 Min Read

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Africa’s largest LNG exporter is moving forward with projects to boost liquefaction capacity and natural gas production with international partners.

The African country’s national oil and gas company, Nigerian National Petroleum Corp. Ltd. (NNPC), has signed a project development agreement with floating liquefied natural gas (FLNG) developer Golar LNG Ltd. for a project offshore the Niger Delta.

NNPC and Golar are aiming for a final investment decision (FID) on the 400-500 MMcf/d capacity facility by the end of the year, according to the state-owned firm. First gas production is targeted for sometime in 2027, which is near the time gas export projects in Qatar and the United States are expected to come online.

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