NIPCO plans $3bn FLNG project in Nigeria

NIPCO Gas Ltd. has announced plans to develop a Floating Liquefied Natural Gas (FLNG) project in Nigeria, with an estimated investment of over $3 billion. The proposed project would have an LNG production capacity of approximately three million tonnes per annum, subject to the outcome of feasibility studies, regulatory approvals, and a final investment decision.

The project could be located in the Escravos area of Delta State or the Akwa Ibom region, and would involve an FLNG facility along with associated marine and export infrastructure.

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