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Home ยป COP28: NNPCL signs two LNG deals
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COP28: NNPCL signs two LNG deals

OsunDailyBy OsunDailyDecember 6, 2023No Comments1 Min Read
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NNPCL spent N34.4bn on pipeline maintenance in 18 months - Report
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The Nigerian National Petroleum Company Limited (NNPCL) has signed two Liquefied Natural Gas (LNG) deals for domestic and international markets at the ongoing UN Climate Change Conference, COP28, in Dubai, United Arab Emirates.

The company disclosed this development through its official X handle in a terse statement.

โ€œAt COP28 in Dubai, NNPC Ltd seals LNG deals for domestic, international marketsโ€ฆagreement on 421 tonnes per day small-scale LNG project in Ajaokuta and MoU on Floating LNG,โ€ the company posted.

DAILY POST reports that cooking gas prices have continued to soar in Nigeria despite the countryโ€™s huge gas reserves.

According to the National Bureau of Statistics, the average price of 12.5kg LNG stood at N9,247.4 in September 2023; however, the figure increased to N13,500 as of December 6.


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COP28 deals LNG NNPCL Signs
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