PANDEF Praises Tinubu for 15-Year Gas Supply Deal with UTM Offshore Limited
The Pan Niger Delta Forum (PANDEF) has commended President Bola Tinubu for approving a 15-year gas supply framework for UTM Offshore Limited to facilitate the construction of Nigeria's first Floating Liquefied Natural Gas (FLNG) facility.
UTM Offshore Limited is an indigenous company operating in the Niger Delta, and the project will be located offshore Akwa Ibom State. The multi-billion-dollar project aims to contribute significantly to economic activities in the Niger Delta and Nigeria as a whole.
PANDEF National Chairman Ambassador Godknows Igali described the approval as significant to ongoing efforts to accelerate industrialisation and economic development in the Niger Delta.