NNPC subsidiary, BUA sign deal for mini LNG plant

As part of efforts to enhance domestic gas utilization for businesses and industries, NNPC Gas Marketing Limited and BUA Group signed a shareholders’ agreement on Tuesday for the development of a mini LNG plant in Ajaokuta, with a capacity of 45 million standard cubic feet.

The signing ceremony, held at NGML’s headquarters in Abuja, was attended by BUA Group’s Group Executive Director, Kabiru Rabiu, and Group Chief Legal Officer, Oluseye Alayande, alongside NGML’s management team, led by Justin Ezeala.

This project is set to drive economic growth, support the gas-to-power initiative, and contribute significantly to Nigeria’s evolving energy landscape, according to a statement.