Ogun, NNPC partner to revive OKLNG ahead of $7bn port, marine economy project take off
According to Abiodun, discussions with NNPC focused on land acquisition, incentives and other requirements necessary to facilitate the take-off of the project, with the state government committing to provide the necessary cooperation and guarantees. The post Ogun, NNPC partner to revive OKLNG ahead of $7bn port, marine economy project take off appeared first on Premium Times Nigeria .
Ogun State and NNPC are collaborating to revive the long-delayed OKLNG project in Ogun Waterside. This addition to the $7 billion maritime and industrial development along the state's coastline will bolster the region as a major industrial and energy hub. The project, initially planned three decades ago, could provide a vital energy base for industries and meet energy demands across the South-West.
Discussions with NNPC focus on land acquisition, incentives, and other requirements for the project's launch, with the state committing to provide necessary cooperation and guarantees. The revived OKLNG project, along with the DP World-backed Gateway Deep Sea Port and Blue Marine Special Economic Zone, will create an integrated ecosystem for energy, manufacturing, maritime trade, and logistics.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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