Sat Sep 07 00:00:57 UTC 2024: – The Federal Government issued a license to construct a 2.8 million tonnes per annum Floating Liquefied Natural Gas facility to UTM Offshore Limited.
– This project aligns with the government’s efforts to boost gas production under the Decade of Gas Initiative.
– Minister Ekperikpe Ekpo hailed the milestone as a reflection of President Bola Tinubu’s vision for the gas industry.
– The floating facility is seen as a critical component of Nigeria’s gas expansion plans.
– The government is committed to making gas a key driver of Nigeria’s economy by 2030.
– Ekpo assured UTM of the government’s support for the successful completion of the project.
– The project is expected to enhance Nigeria’s capacity to export LNG, create jobs, and solidify the country’s position as a key energy supplier.

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