July 21, 2024
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OIL & GAS

Nigeria’s Oil Company Heats Two Deals at COP28

NNPCL has announced that it has entered into two gas agreements during the COP28 event. The two agreements are: afloating liquefied natural gas deal and a small-scale LNG deal.

The deals will cater for both domestic and. international market as announced by the company.

Specifically, there is an agreement for a 421-tonnes-per-day small-scale LNG project in Ajaokuta, as well as a memorandum of understanding for a floating LNG project. More details are yet to be released on these two transactions.

The company has been into several agreement of recent. TheExecutive Vice President, Upstream, NNPC Limited, Oritsemiyiwa Eyesan expressed explained that the company is committed to attracting more investments into the oil and gas sector.

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