Global News Select

TotalEnergies, Nigeria State Oil Company to Invest $550 Million in Gas Plant, Reuters Reports

-- French oil giant and Nigeria's state oil company NNPC will invest $550 million to develop a gas-processing facility in the country, Bloomberg reports, citing an unnamed source.

-- An announcement will be made this week, according to Bloomberg.

-- The facility will supply gas to the Nigeria Liquefied Natural Gas plant--a consortium between NNPC, Shell, TotalEnergies and Eni, Bloomberg reports.

-- Neither TotalEnergies nor NNPC immediately responded to a request for comment from Dow Jones Newswires.

 

Full story: https://tinyurl.com/jce292xw

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

June 19, 2024 10:08 ET (14:08 GMT)

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