NNPC Ltd. Seals LNG Deals for Domestic, International Markets

In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue, the Nigerian National Petroleum Company Limited has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market.

During two separate signing ceremonies held on the sidelines of the on-going United Nation’s Climate Change Conference (also known as COP28), NNPC Ltd. signed an MoU with Wison Heavy Industry Co. Ltd, a Chinese company, for the development of floating LNG project in Nigeria, targeting the international LNG market.