NNPC, Ogun Move to Revive $10bn OgunLNG Project
.As Abiodun Links LNG Revival to $7bn Deep Sea Port, Blue Marine SEZ .Monarch says will redefine Nigeria’s maritime economy James Sowole in Abeokuta and Kuni Tyessi in Abuja The Nigerian National Petroleum
NNPC plans to invest $10 billion in reviving the OgunLNG project in Ogun State, Nigeria. This follows the signing of agreements with DP World for the Gateway Deep Sea Port and the 10,000-hectare Blue Marine Special Economic Zone. Ogun State Governor Dapo Abiodun stated that the project has the potential to strengthen Nigeria's energy supply and support industrialization.
The renewed interest in OgunLNG comes after discussions between NNPC officials and the state government on land requirements, incentives, and other arrangements. The project, which was initially planned for the coast, will now be located in Ogun Waterside. The development, along with the deep seaport and the Blue Marine Special Economic Zone, could create an integrated ecosystem that supports energy, manufacturing, maritime trade, logistics, and exports.
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