PANDEF hails Tinubu over 15-year gas supply deal for UTM FLNG

The statement, titled, “Appreciation for granting of 15 years Gas Supply to UTM Offshore Limited for the purpose of building Nigeria’s first Floating LNG,” said the multi-billion-dollar project, proposed for offshore Akwa Ibom State, would contribute to economic activities in the Niger Delta and the country.

By Henry Umoru ABUJA — The Pan Niger Delta Forum, PANDEF, has commended President Bola Tinubu for approving a 15-year gas supply framework for UTM Offshore Limited to facilitate the construction of Nigeria’s first Floating Liquefied Natural Gas, FLNG, facility.“In this case, the multi-billion-dollar construction of this floating LNG which is intended to be located offshore Akwa Ibom State will engender rapid economic development in the whole Niger Delta and Nigeria at large.”