Afreximbank to Partially Finance Nigerian FLNG Project

Nigeria. FLNG.

Representing the country’s first FLNG project as well as the first wholly developed by an African company on the continent, the Nigerian FLNG will have a nameplate capacity of 1.2 million tons per annum and storage capacity of 200,000 cubic meters.

Utilizing gas from the Yoho gas field owned by global energy major ExxonMobil and the Nigerian National Petroleum Corporation, the project is expected to not only increase the country’s domestic capacity but paves the way for a just energy transition while opening up socioeconomic opportunities.

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Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.