UTM FLNG, NNPC, Seplat Sign 15-Year Gas Sale Deal for 200mmscf/d
The trio of UTM FLNG, NNPC, and Seplat have inked a significant 15-year gas sale agreement set to deliver 200 million standard cubic feet per day. This landmark deal aims to monetize stranded gas, enhancing Nigeria's LNG exports and industrial growth. The agreement is anticipated to help finalize investment decisions by the fourth quarter of 2026, potentially transforming the nation's energy landscape and economic prospects. This move underscores Nigeria's commitment to optimizing its natural resources and boosting economic diversification.
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