Tinubu Hailed Over Gas Supply Framework for Nigeria's First Floating LNG Project

Nigeria's President Bola Ahmed Tinubu has been praised by the Pan Niger Delta Forum (PANDEF) for approving a 15-year gas supply framework for UTM Offshore Limited. This move is expected to boost industrial development in the Niger Delta and strengthen Nigeria's gas economy.

The PANDEF letter, signed by its National Chairman Ambassador (Dr.) Godknows Boladei Igali on August 6, 2026, commends President Tinubu for granting UTM Offshore access to long-term gas supply. This will enable the company to develop Nigeria's first Floating Liquefied Natural Gas (FLNG) project.

The multi-billion-dollar project is expected to be located offshore Akwa Ibom State and stimulate economic growth not only in the Niger Delta but across the country. PANDEF notes that this development will place Nigeria on a stronger path towards indigenous participation in the gas sector, highlighting the roles of UTM Offshore, Seplat Energy, and NNPC in advancing local capacity.