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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Onur Yilmaz

Onur Yilmaz

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