GASCO COMPRESSED NATURAL GAS OPENS IN NIGERIA

GASCO COMPRESSED NATURAL GAS OPENS IN NIGERIA

Gasco Marine unveil N2bn CNG plant due to high demand of gas in Nigeria Gasco Compressed Natural Gas (CNG) plant has been unveiled in Ogun state of Nigeria. The plant which was built by Gasco Marine Limited will redefine compression and distribution of natural gas in Nigeria. Gasco Marine CEO Bukola Badejo-Okusanya said “We are committed to taking gas everywhere there is a demand for it. He also said Promoting the use of natural gas…

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TANZANIA MORE FAVORED WITH THE US$ 175bn GAS ROADMAP PROJECT

TANZANIA MORE FAVORED WITH THE US$ 175bn GAS ROADMAP PROJECT

Tanzania will benefit from US-led initiative to invest in gas plants in Africa. US companies will invest US $175 bn in gas power projects in Tanzania and eight other African countries. Other countries include Kenya, Côte d’Ivoire, Ghana, Nigeria, Senegal, Angola, Mozambique and South Africa. The countries were picked for there large populations, high gross domestic product. As well as there local gas resources or are planning liquefied natural gas (LNG) import projects. Hence, the…

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YARA INTERNATIONAL TO CONSTRUCT US$ 2BN GAS PLANT IN MOZAMBIQUE

YARA INTERNATIONAL TO CONSTRUCT US$ 2BN GAS PLANT IN MOZAMBIQUE

Yara international seeks more investors to partner in the construction of a gas plant in Mozambique. Yara international which is a Norwegian fertilizer maker is to construct a gas plant in Mozambique. The project is geared towards having ammonia and urea from the country’s gas output that will produce up to 1.3-million metric tons of fertilizers annually. Yara CEO, Svein Tore Holsether; “The value of the project, if I use industry benchmarks, will be about US…

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