LPGThe operator of the Otakikpo marginal field in OML 11, Green Energy International Limited has gotten the nod of the Federal Government to establish a Liquefied Natural Gas (LPG) extraction plant at Ikuru town in River state.
The License to Establish (LTE) of the 12mmscfd capacity plant was issued to the company by the Department of Petroleum Resources (DPR) as the company moves to fulfill its obligations as a pilot project approved by government for zero gas flares operation in the Niger Delta.
The company, which began production in February this year said it is determined to ensure full utilization of the gas produced from the field for LPG and power generation.
It stated that the approval has made it possible for the company to make Final Investment Decision (FID) by awarding the engineering, procurement, construction and installation of the LPG Extraction Plant to PCC-LAMBDA Consortium, formed between Nigeria Indigenous companies and a Chinese company, Peiyang Chemical Equipment Co.
Green energy gets nod to establish LPG extraction plant in Niger Delta
