The NNPC/Seplat Energy Joint Venture signed a 15-year Wet Gas Sale and Purchase Agreement with UTM FLNG Limited. This deal supplies Nigeria’s first indigenous floating liquefied natural gas (FLNG) project.
The joint venture will provide 200 million standard cubic feet of gas per day. Partners announced the commitment during NOG Energy Week 2026.
This long-term supply supports the financing required for the UTM FLNG project. The agreement enables a Final Investment Decision anticipated in the fourth quarter of 2026.
The project aims to boost industrialization and create new jobs. It also strengthens Nigeria’s position in the global LNG market.