Tag: Oil and Gas

Nigeria, other African countries projected to lead FLNG market

Nigeria and other African countries are projected for a boom in floating liquified natural gas (FLNG) as the market is set for new capacity.

The development, according to a new report by Wood Mackenzie would specifically enable Nigeria to monetize its stranded offshore gas resources.

Nigeria has about 209 trillion standard cubic feet of associated gas that has not been harnessed due to infrastructure challenges and operating environment.… Read the rest