Business
NNPC signs deal for construction of gas facility in Kogi
With the agreement, the natural gas supplied through the existing Oben-Ajaokuta pipeline would be liquefied at the proposed LNG facility.
NNPC Limited this week signed an Engineering Procurement Construction (EPC) agreement for the building of a five million standard cubic feet of gas per day (mmscf/d) mini Liquefied Natural Gas (LNG) facility in Kogi State.
The deal is towards achieving optimal gas penetration in the country.
The EPC agreement which ushered in the 18-months projected duration of the construction phase of the project was among the Nigerian Gas Marketing Company (NGMC), a subsidiary of NNPC and Trans Gas Nigeria Limited as operator of the NGMC-Transit Unincorporated Joint Venture and Phoenix Development Limited.
With the agreement, the natural gas supplied through the existing Oben-Ajaokuta pipeline would be liquefied at the proposed LNG facility – an interconnecting pipeline of less than 150 metres would be constructed to the facility from the adjacent NGC Geregu metering station, transported via oxygenic tanks and degasified at each customer location or cluster.
Speaking at the ceremony, the GMD/CEO of NNPC Kyari, who was represented by Umar Ajiya, Chief Financial Officer of the NNPC, said the project was in tandem with the federal government’s desire to make gas the country’s transition fuel, available to all end users across the country.
Group Executive Director, Gas & Power, directorate of the NNPC, Abdulkabir Mohammed spoke on the significance of the project to the national oil company.
Also, Bolaji Osusanya, Managing Director of Transit Gas Nigeria Limited, the operators of the Unincorporated Joint Venture, offered his perspective
-
World News6 days ago
Biden says ‘nobody can reverse’ his climate agenda. But Trump is poised to try.
-
Gist3 days ago
VIDEO: Congo’s president daughter’s bedroom video leaks
-
News7 days ago
Delta Assembly Approves Name Change for University of Science and Technology, Ozoro
-
News7 days ago
TrackNews Felicitates New NUJ Bayelsa State Exco
-
News5 days ago
NIMASA DG JOB: Gbajabiamila Allegedly Collected $1m Bribe From Victor Ochei, Others Paid $2m, $3m, Tinubu’s Man Akinyelure Fingered, ONI-Okpaku Arrested ___Jackson Ude
-
Politics3 days ago
Patani stands still as High Chief (Dr) Wayles honors his mother, remembering her legacy 5 years later.
-
Sports7 days ago
Ademola Lookman adds to Super Eagles withdrawals
-
Business6 days ago
JUST-IN: Auditor-General uncovers N3.4trn fraud