The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued a License to Construct (LTC) to UTM Offshore Ltd for the first Floating Liquefied Natural Gas (FLNG) in Nigeria.
The project, which is located in Akwa Ibom State, is aimed at processing 324 MMSCF/D of natural gas and producing LPG, condensate, and 2.8 million tonnes of LNG per year.
The NMDPRA boss stated that UTM was originally granted a license in 2019 to build a facility with a capacity of 1.2 million tons per annum. However, this capacity was later increased to 2.8 million tons due to rising demand for LNG in the market.
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