Article may be outdated

This article is 41 days old. Some details may have changed since publication.

LEADERSHIP Newspapers·4 min read·medium

NLNG Seeks Stranded‑gas Commercialisation, Interconnected Infrastructure

C
Chika Izuora
NLNG Seeks Stranded‑gas Commercialisation, Interconnected Infrastructure
AI Summary

Nigeria Liquefied Natural Gas Limited (NLNG) is advocating for a strategic shift toward commercializing stranded gas and developing shared infrastructure to prevent a projected supply deficit by 2030. The company emphasizes the need for private investment and the utilization of incentives provided by the Petroleum Industry Act.

Why it matters

Optimizing gas infrastructure is critical for Nigeria's economic growth and energy security as the country seeks to leverage its vast natural resources.

Dive DeeperCreate a free account to unlock

The Nigeria Liquefied Natural Gas Limited (NLNG) has expressed concerns about projections which has indicated that by 2030, Nigeria could face a gas supply deficit despite its enormous reserves, stressing that the gap should be viewed as an opportunity rather than a constraint.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
businesseconomyscience
Political Bias
Center
LeftLean LCenterLean RRight
Confidence: 85%

The article provides a balanced overview of industry recommendations and economic projections without taking a political stance.

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in