• Contact Us
  • Login
Subscribe
LittleAfrica News
  • Home
  • About Us
    • Mona Davids, Founder and Publisher
    • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Editions
  • Education
  • Metro
  • Africa
  • Caribbean
  • U.S.
No Result
View All Result
  • Home
  • About Us
    • Mona Davids, Founder and Publisher
    • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Editions
  • Education
  • Metro
  • Africa
  • Caribbean
  • U.S.
No Result
View All Result
LittleAfrica News
No Result
View All Result
Home Africa

Nigerian National Petroleum Company Signs Memorandum of Understanding with Norway’s Golar LNG For Liquified Natural Gas Transportation Plant

LittleAfrica Staff Writer by LittleAfrica Staff Writer
May 3, 2023
in Africa, Diaspora News
Nigerian National Petroleum Company Signs Memorandum of Understanding with Norway’s Golar LNG For Liquified Natural Gas Transportation Plant
14
SHARES
294
VIEWS
Share on FacebookShare on Twitter

Nigeria’s state oil company, the Nigerian National Petroleum Corporation (NNPC) announced on Wednesday, April 26 that it had signed a Memorandum of Understanding with Norway’s Golar LNG. According to the announcement by NNPC, the agreement will see the construction of a floating liquefied natural gas (LNG) plant. The agreement was signed by NNPC CEO Mele Kyari and Golar LNG CEO Karl Fredrik Staubo in Abuja, Nigeria’s capital city. 

“In furtherance of its efforts to deepen Nigeria’s domestic gas utilization and enhance gas export, NNPC Limited has signed a memorandum of understanding (MoU) with a Norwegian company, Golar LNG (GLNG), to build a floating liquified natural gas (LNG) plant in Nigeria,” NNPC tweeted. “Group CEO of NNPC Limited, Mallam Mele Kyari, and CEO of Golar LNG, Mr. Karl Fredrik Staubo, signed the agreement on behalf of their respective companies during a brief ceremony held at the NNPC Towers in Abuja.”

No further information was provided by the respective companies regarding the time scale of the project. Nigeria is Africa’s largest producer of natural gas while Golar is reportedly one of the world’s foremost independent owners and operators of marine-based LNG infrastructure. The infrastructure owned and operated by Golar allows the liquefaction, transportation, and regasification of natural gas. Golar LNG had previously stated intentions to set up infrastructure to transport natural gas from Nigeria and this MoU is the first step towards the construction of the plant. 

As Africa’s biggest producer of natural gas, Nigeria has been signing MoU with various countries to supply them with natural gas. In early 2022, Nigeria signed agreements with Algeria and the Niger Republic. The West African country is currently overseeing the construction of the  381.5 miles long Trans-Saharan Gas Pipeline, which starts in northern Nigeria and will flow through Algeria, Niger, and is touted to connect to Europe eventually. There is no definitive date of completion of the pipeline, which was first proposed in the 1970s. The success of the pipeline would be significant as it would create an alternative natural gas market. In 2020 former President Muhammadu Buhari’s administration announced the intentions of Nigeria to expand its presence in the gas sector. The initiative was labeled “The Decade of Gas.”

Related

Tags: AgreementElectricityEnergy PlantGasGolar LNGLittleAfrica NewsMemorandum of UnderstandingNigeriaNigerian National Petroleum CorporationNorwayResource
Previous Post

Rent Guidelines Board Proposes Rental Increase Close to 16%

Next Post

African Nations Soccer Tournament Weekend Three in Pictures

LittleAfrica Staff Writer

LittleAfrica Staff Writer

Related Posts

Africa

BRICS Bloc Meets in South Africa, Engages in Talks for Expansion Amid Ambitions to Counterbalance Western Dominance

by LittleAfrica Staff Writer
June 7, 2023
902
Africa

Political Unrest in Senegal Worsens: Death Toll Rises Amid Ongoing Clashes

by LittleAfrica Staff Writer
June 7, 2023
493
World Renowned Jazz Performer Musa Manzini Passes Away
Africa

World Renowned Jazz Performer Musa Manzini Passes Away

by LittleAfrica Staff Writer
May 26, 2023
1.3k
U.S. Ambassador Reuben Brigety Accuses South Africa of Supplying Russia With Weapons
International

U.S. Ambassador Reuben Brigety Accuses South Africa of Supplying Russia With Weapons

by LittleAfrica Staff Writer
May 14, 2023
822
Mzwanele Manyi Causes Political Earthquake in South Africa
International

Mzwanele Manyi Causes Political Earthquake in South Africa

by LittleAfrica Staff Writer
May 9, 2023
1.9k
Next Post
African Nations Soccer Tournament Weekend Three in Pictures

African Nations Soccer Tournament Weekend Three in Pictures

Translate

LittleAfrica News Newspaper : April 25-May 1
Metro

LittleAfrica News Newspaper : April 25-May 1

April 26, 2023
LittleAfrica News Newspaper : May 2 – May 8
Metro

LittleAfrica News Newspaper : May 2 – May 8

May 1, 2023
LittleAfrica News Newspaper : May 9 – May 15
Metro

LittleAfrica News Newspaper : May 9 – May 15

LittleAfrica News Newspaper : May 9 - May 15

May 9, 2023
LittleAfrica News Newspaper : May 16 — May 22
Metro

LittleAfrica News Newspaper : May 16 — May 22

LittleAfrica News Newspaper : May 16—May 22

May 19, 2023
LittleAfrica News Newspaper : May 23 — May 29
Metro

LittleAfrica News Newspaper : May 23 — May 29

LittleAfrica News Newspaper : May 23-May 29

May 22, 2023

Local, National, and International News for the Diaspora

BOMESI - Black Owned Media Equity and Sustainability Institute

Recent Posts

  • Unidentified Naked Woman Found Dead in East Harlem Housing Complex
  • Mayor Eric L. Adams Op-Ed: Making Outdoor Dining Permanent
  • Survey Finds Majority of NYC Migrants Struggle to Access Essential Services — Very Few Migrants Have Applied for Asylum
  • Federal Judge Prevents Rockland, Orange Counties from Blocking Migrant Influx
  • Controversy Erupts over $500M Women’s Shelter Near NYC Playground on the Upper West Side

Menu

  • Home
  • About Us
    • Mona Davids, Founder and Publisher
    • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Editions
  • Education
  • Metro
  • Africa
  • Caribbean
  • U.S.

© 2022 LittleAfrica News. A Project of Social Impact Strategies. All Rights Reserved.

No Result
View All Result
  • Contact Us
  • Home
  • LittleAfrica News Newspaper : March 1 – March 15
  • LittleAfrica News Newspaper Print Edition : February 16 – February 28
  • Mona Davids, Founder and Publisher
  • Mymoena Kalinisan-Davids, Director of Communications and Editor-in-Chief
  • Newspaper Digital Editions
  • Pricing
  • Privacy Policy
  • Terms of Use

© 2022 LittleAfrica News. A Project of Social Impact Strategies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?