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President Tinubu Pledges Support For Africa’s Gas Project

Nigerian President Bola Ahmed Tinubu, says his administration will support an indigenous firm, UTM Floating Liquefied Natural Gas Limited, and its foreign partners for the timely completion of the Africa gas project.

Tinubu said this on Wednesday, July 5, 2023, in Abuja during an audience with the management of the company and its foreign partners, where he pledged to remove all impediments to the timely completion of the facility.

He commended UTM FLNG Limited as well as its technical partners, Technip Energies of France, and its Japanese counterpart, JGC, for the initiative and partnership.

According to him “Yes, we have an abundance of gas on the ground. However, the extractive industry needs the injection of your kind of partnership to be able to promote growth.

“It is a must for any government to support. Let me know if there are any bottlenecks, we will break them,” he said.
The President applauded the conglomerate for the massive investment which, he said, would promote growth and protection of the environment.

Briefing the President earlier, the Managing Director of UTM Offshore Limited, Mr. Julius Rone, said the project aligns with Tinubu’s promise to develop Nigerian gas resources as a source of sustainable energy and economic development for the country.

He said when the facility gets upstream by the Fourth Quarter of 2026, it would process 1.5 million metric tonnes of Liquefied Natural Gas for the foreign market and produce 300,000 metric tonnes of Liquefied Petroleum Gas (LPG) for domestic use.

Rone said the company would cater to 25 percent of domestic demand for LPG.

He, therefore, solicited the President’s support to eliminate any encumbrances that may endanger the delivery of the project by the targeted date.

In her remarks, the French Ambassador to Nigeria, Ms. Emmanuelle Blatmann, described the project as a milestone, cementing the French presence in Nigeria’s economic space.

The facility, she said, would advance the economic diversification agenda of the Federal Government by tapping into the country’s abundant gas deposit.

When delivered, she said, the gas from Nigeria would be viable as an alternative source of gas for Europe.

Also in the delegation were the Japanese Deputy Ambassador to Nigeria, Ms. Hiromi Otuski, Managing Director of JGC, Mr. Naoki Noguchi, and Project Advisor, Mr Sadeeq Mai Bornu.

 

By Dare Akogun

Dare Akogun

Dare Akogun is a dynamic media innovator, strategic communication professional, and seasoned climate and environmental sustainability journalist with over 10 years of influential contributions to the media industry.

He Currently serving as the Head of Digital Media, Senior News Editor, and a presenter at Sobi FM 101.9, a leading radio station in Ilorin, Nigeria.

Dare is on a mission to leverage his media innovation expertise and project management skills to produce high-quality, accurate, and engaging content, while advocating for reduced fossil fuel consumption, especially coal, to combat effect of global warming.

He has covered comprehensively environmental issues and COP conferences, including COP28 in Dubai last year , COP 27 in Egypt, and the United Nations Least Developed Countries conference in Doha, in 2023.

He is a recipient of fellowship to be part of a 15 team of journalists selected worldwide to cover the Berlin Energy Transition Dialogue 2024.

He has a Master's Degree in Mass Communication, from the University of Lagos, a Bachelor's Degree in Journalism from the Lagos State University and also a
Certification in Business Administration and Management, from the Babson College, Massachusetts, United States of America.

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