Wednesday, 24 September 2014

NIGERIA TO ACCOUNT FOR 31% OF AFRICA GAS LIQUEFACTION CAPACITY BY 2018

The latest released liquefied natural gas report by International Gas Union Report (IGU) shows that Nigeria is to account for 31 percent of Africa's liquefaction capacity by 2018.

African liquefaction capacity stood at 66.8 million tonnes per annum (MTPA) in 2013 and it was projected to rise to 71.5 MTPA in 2018 with the introduction of new capacity in Algeria and Angola. Of the Africa liquefaction capacity for 2018, Nigeria is expected to account for 21.9 MTPA or 31 percent.

Read more @ Businessday Online

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