NewzJulius Rone, Group Managing Director of UTM Offshore, has set a target of September for a key decision regarding Nigeria's first floating liquefied natural gas (LNG) plant. The initiative aims to address the long-standing issue of gas flares lighting up the night sky over the Niger Delta, a region where Nigeria has historically struggled to monetise its gas resources.
The project represents a significant step for the country's energy sector by seeking to convert flared gas into a commercially viable product. Rone, widely recognized in the industry as the "King of Gas," is leading the effort through UTM Offshore to alter how Nigeria's natural gas reserves are utilized.
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