The Nigerian National Petroleum Company Limited (NNPC) has signed a tripartite Memorandum of Understanding (MoU) with China Gas Holdings Limited and Peiyang Chemical Singapore PTE Ltd. (PCCS), establishing a framework for structured collaboration across key segments of Nigeria’s natural gas value chain.
Managing Director of PCCS, Tim Tian, disclosed this in a statement issued yesterday.
He said the MoU was signed at NNPC’s headquarters in Abuja in the presence of its Group Chief Executive Officer, Bayo Ojulari; the Executive Vice President for Gas, Power & New Energy, Olalekan Ogunleye; and the General Manager of NNPC Gas & Power Investment Services, Ibrahim Hamza.
The agreement, according to the statement, covers liquefied natural gas development, spanning flare-gas-to-liquefied natural gas (LNG), floating LNG, and onshore LNG initiatives, alongside gas-fired power generation and industrial facilities utilising domestic gas feedstock.
The statement added that the MoU serves as the primary vehicle to align international technical expertise with Nigeria’s domestic energy priorities, providing a formalised governance structure to transition identified opportunities from technical feasibility through to commercial operations.
