NNPC, Golar Sign Agreement To Build Floating Gas Plant In Nigeria

The Nigerian National Petroleum Company (NNPC) Limited says it has signed a memorandum of understanding (MoU) with Golar Liquefied Natural Gas Energy (GLNG), a Norwegian company, to build a floating LNG plant in Nigeria.

The national oil company made this known in a tweet on Wednesday night.

NNPC said Mele Kyari, its group chief executive officer (GCEO) and Karl Fredrik, chief executive officer (CEO) of Golar LNG, signed the agreement in Abuja.

“In furtherance of its efforts to deepen Nigeria’s domestic gas utilisation and enhance gas export, NNPC limited has signed a memorandum of understanding (MoU) with a Norwegian company, Golar LNG (GLNG), to build a floating liquified natural gas (LNG) plant in Nigeria,” the national oil company tweeted.

“Group CEO of NNPC Limited, mallam Mele Kyari and CEO of Golar LNG, Mr. Karl Fredrik Staubo, signed the agreement on behalf of their respective companies during a brief ceremony held at the NNPC Towers in Abuja.”

According to NNPC, Golar LNG is one of the world’s largest independent owners and operators of marine-based LNG midstream infrastructure that is “active in the liquefaction, transportation, and regasification of natural gas”.