The Nigerian Petroleum Regulatory Authority has awarded UTM Offshore Limited a license to operate the first floating liquefied natural gas (LNG) plant. The project aims to develop flared gas from an ExxonMobil field in the Niger Delta. The plant, with a capacity of 2.8 million tonnes per year, will begin production in 2029, supported by $2.1 billion in financing from Afreximbank.Source: Africa News Agency
General Birame Diop Assumes Leadership as New ECOWAS Commission President
Abuja: The ECOWAS Commission has officially welcomed General Birame Diop of Senegal as its new President during a formal ceremony held at its headquarters in Abuja, Nigeria. The event marked the transition of leadership with the outgoing President, Dr…