(WO) – Sitting on an estimated 203 Tcfg, Nigeria is on a mission to monetize its natural gas resources and become a leading LNG exporter to global markets. Its most notable project – the $5-billion Nigeria LNG Train 7 expansion – is set to boost processing capacity by 35% from 22 million tonnes to 30 million tonnes per year. This means higher gas volumes to export to gas-hungry markets like Europe, which Nigeria exported 9.4 Bcm of LNG to in 2023. Yet to accelerate exports, the country requires substantial investment in deepwater natural gas projects and infrastructure development. Source: Energy Capital & Power IOCs double down offshore. Nigeria has issued a call fo
Hence then, the article about nigeria calls for investments in deepwater assets infrastructure to develop natural gas resources was published today ( ) and is available onTOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Nigeria calls for investments in deepwater assets, infrastructure to develop natural gas resources )