NNPC Ltd GCEO Engages Daewoo Consortium On LNG Development In South Korea

The Nigerian National Petroleum Company Limited has engaged a Daewoo led consortium to deepen discussions on Liquified Natural Gas Development and pave the way for executing a Memorandum of Understanding that will unlock strategic foreign direct investment.

The engagement which was done during the NNPC’s Group Chief Executive Officer, Mele Kyari’s visit to Daewoo global headquarters in Seoul, South Korea is in line with National Oil Company’s drive of supplying clean, affordable, and reliable energy to the global market.

The move would properly position the NNPC Ltd for the changing energy landscape by leveraging its abundant gas resources.

Discussions at the meeting centred around viable LNG projects for the export market.