Nigerian govt, LNG Arete sign $27 million agreement to develop mini LNG plant

The Nigerian government on Friday signed a $27.3 million agreement with the LNG Arete, to develop a mini Liquified Natural Gas (LNG) plant in Ajaokuta, Kogi State.

The Presidential Compressed Natural Gas Initiative (PCNGI) said the agreement will help the transportation of gas to other parts of the country, especially to the far North.

Speaking during the signing ceremony in Abuja on Friday, the Programme Director/Chief Executive of PCNGI, Michael Oluwagbemi, said LNG Arete has gone…