“This project will support the diversification of Nigeria’s economic development while creating opportunities for US companies to develop world-class infrastructure, said Thomas R Hardy, USTDA’s acting director.
“It will also build on the commitment of USTDA to work with our Nigerian partners to develop and expand the natural gas options for the country.”
In particular, the grant from USTDA will enable the viability of an LNG liquefaction and distribution facility and associated re gasification and distribution stations in southwestern Nigeria. GLNG selected NOVI Energy LLC as the US Company to attend the study.
Anil Ahluwalia, director of GLNG, said, “We are delighted to announce our path-breaking LNG project in Nigeria, which will have a significant impact on Nigeria’s goal of pursuing a sustainable, environmentally friendly, alternate fuel-based economy.”
This project bolster the US government’s Prosper Africa, Power Africa and Doing Business in Africa initiatives.