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.
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.
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