By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: NNPC Ltd Woos South Korean Investors for Gas Projects
Share
Sign In
Notification Show More
Latest News
NIMC Partners Online Editors To Boost Digital Security
Business Civil Service Media Metro News
Reps Panel Rejects Calls for NMDPRA Boss’ Removal, Cites PIA Tenure Provisions
Civil Service Labour Metro News Oil & Gas Politics
Group calls for economic, social empowerment for PWDs
Civil Society Organisations Metro News
AI guru, Ikenna Chidoka throws weight behind Barr. Amamgbo’s senatorial bid
News Politics
Ann Oladayo Assumes Duties As First Female FRSC Zonal Commanding Officer For Lagos, Ogun States
Civil Service Gender Labour Metro News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > NNPC Ltd Woos South Korean Investors for Gas Projects
NewsOil & Gas

NNPC Ltd Woos South Korean Investors for Gas Projects

Publisher
By Publisher Published January 30, 2024
Share
3 Min Read
SHARE

…Felicitates Temile Devt. Company on Acquisition of LPG Carrier

By Chidiebere Ugwu

The Nigerian National Petroleum Company Limited (NNPC Ltd) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria.

The discussions which held in Seoul, South Korea, Monday were aimed at deepening NNPC Ltd.’s drive to tap into the nation’s vast gas resources to be a supplier of clean and affordable energy to the global market.

South Korea is a major destination for Liquefied Natural Gas exports and the consortium, in collaboration with the Korean Export-Import bank, has expressed interest in advancing discussions on investing in greenfield and other gas development opportunities.

Olufemi Soneye, the Chief Corporate Communications Officer of NNPC Ltd, in a statement, the talks will pave way for the execution of a Memorandum of Understanding (MoU) that will unlock strategic foreign direct investment in line with the President Bola Ahmed Tinubu administration’s policy of making Nigeria a prime destination for global investors.

Kyari has also congratulated Temile Development Company, an indigenous player in the gas sector, on the commissioning of its 23,000 cubic meters ultra-modern Liquefied Petroleum Gas (LPG) Carrier in Ulsan, South Korea today.

According to the GCEO, the vessel named, Alfred Temile 10, represents a significant stride towards deepening the utilization of gas in-country and growing gas revenues.

“It is great that Temile Development Company is able to complete the construction 23kt LPG vessel. This will go a long way in improving access to LPG in the domestic market and provide cleaner fuel in our country. Nigeria’s objective is to ensure that everyone has access to clean energy and particularly walk away from bio-mass as a source of energy. We know this is good and that is why we will continue to support it.

He disclosed that NNPC Ltd, alongside its partner West Africa Gas Ltd (WAGL), was building its own vessels which will boost LPG supply in Nigeria with a view to saturating the market.

Like this:

Like Loading...

Related

You Might Also Like

NIMC Partners Online Editors To Boost Digital Security

Reps Panel Rejects Calls for NMDPRA Boss’ Removal, Cites PIA Tenure Provisions

Group calls for economic, social empowerment for PWDs

AI guru, Ikenna Chidoka throws weight behind Barr. Amamgbo’s senatorial bid

Ann Oladayo Assumes Duties As First Female FRSC Zonal Commanding Officer For Lagos, Ogun States

TAGGED: NNPC Limited

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher January 30, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article You Can’t Run Nigeria’s Economy On Palliatives, Sowunmi Slams FG
Next Article FG Seeks Collaboration With IOC’s To Accelerate Development Of N’Delta
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

NIMC Partners Online Editors To Boost Digital Security
Business Civil Service Media Metro News July 24, 2025
Reps Panel Rejects Calls for NMDPRA Boss’ Removal, Cites PIA Tenure Provisions
Civil Service Labour Metro News Oil & Gas Politics July 23, 2025
Group calls for economic, social empowerment for PWDs
Civil Society Organisations Metro News July 23, 2025
AI guru, Ikenna Chidoka throws weight behind Barr. Amamgbo’s senatorial bid
News Politics July 23, 2025

You Might also Like

BusinessCivil ServiceMediaMetroNews

NIMC Partners Online Editors To Boost Digital Security

July 24, 2025
Civil ServiceLabourMetroNewsOil & GasPolitics

Reps Panel Rejects Calls for NMDPRA Boss’ Removal, Cites PIA Tenure Provisions

July 23, 2025
Civil Society OrganisationsMetroNews

Group calls for economic, social empowerment for PWDs

July 23, 2025
NewsPolitics

AI guru, Ikenna Chidoka throws weight behind Barr. Amamgbo’s senatorial bid

July 23, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d