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Maroc Maroc - NAIJA247NEWS.COM - A La Une - 07/Sep 17:14

Nigeria Grants UTM Offshore License for $5.1 Billion Floating LNG Plant

ABUJA, Sept 6  — Nigeria’s oil regulator has awarded UTM Offshore Limited the first-ever license to operate a floating liquefied natural gas (LNG) plant, aimed at harnessing flared gas from ExxonMobil’s oil field in the Niger Delta. This initiative reflects a broader trend across Africa to capitalize on the continent’s vast gas resources. Despite holding […]

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