UTM solicits NCDMB’s equity investment, approvals for floating LNG project

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 78%

México Noticias Noticias

México Últimas Noticias,México Titulares

The target completion date of the FLNG project is 2028 and it hopes to contribute about 450,000 tonnes of liquified petroleum gas...

EXCLUSIVE: Northern senators move against Akpabio over alleged N4trn budget paddingClimate change, extreme weather, conflict exacerbate global food crisisNigeria needs its own version of America’s Second Amendment, By Majeed DahiruEXCLUSIVE: Northern senators move against Akpabio over alleged N4trn budget paddingClimate change, extreme weather, conflict exacerbate global food crisisNigeria needs its own version of America’s Second Amendment, By Majeed DahiruActing Director, Legal Services...

The request was made on Wednesday at the Nigerian Content Tower in Yenagoa, Bayelsa State when the Executive Secretary of NCDMB, Mr Felix Omatsola Ogbe hosted the management of UTM Offshore Limited led by the Group Managing Director, Mr Julius Rone. He invited the NCDMB to take equity in the project, hinting that the Nigerian National Petroleum Company Limited and the Delta State Government were already partners on the project given its importance to Nigeria’s energy security. He described the FLNG as another confirmation of the capability of Nigerians to develop projects of world class standards.

Providing further details, the Technical Manager of the FLNG, Mr George Amara stated that the project’s target total production is 2.72 million tonnes per annum , with LNG accounting for 1.81 MTPA, LPG taking up 0.45 MTPA, and condensate making up 0.25 MTPA. He hinted that the project was going into the engineering, procurement, construction, installation and commissioning stage, which is very critical, hence the need to update the NCDMB and request speedy approval for the EPC NCD Plan.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

NLNG hopeful new executive order will unlock gas investmentThe Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr Philip Mshelbila, has expressed optimism regarding the recent Executive Order on Oil and Gas Reforms signed by President Bola Ahmed Tinubu.
Fuente: GuardianNigeria - 🏆 1. / 94 Leer más »

Sovereign Trust, Learn Africa, UBA top stocks’ pick this weekThis is not a buy, sell or hold recommendation but a stock investment guide.
Fuente: PremiumTimesng - 🏆 3. / 78 Leer más »