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NNPC signs two major gas deals at COP28

NNPC: From monopoly to monopsony

Nigerian National Petroleum Corporation (NNPC) Limited has announced the signing of two gas deals at COP28.

The deal covers a floating liquefied natural gas deal and a small-scale LNG deal at the ongoing COP28 in Dubai.

Read also: Nigeria’s oil revenue at risk as NNPC changes cargo prices

According to the company, the deal is both for Domestic, and International Markets.

There is an Agreement on 421 Tonnes Per Day Small-Scale LNG Project in Ajaokuta and MoU on Floating LNG.

Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy. He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.