UTM Floating LNG Project
Sector: Government • Location: Akwa Ibom State, Nigeria
Source: Punch Newspapers
The UTM Floating LNG project is Nigeria's first indigenous floating liquefied natural gas project designed to monetise gas from OML 104 at the Yoho Field offshore Akwa Ibom State. It uses a floating liquefaction vessel with a production capacity of 1.8 million tonnes of LNG annually, enabling offshore gas commercialisation without large onshore facilities. The project has completed Pre-FEED and FE
- Status
- Prospective
- Sector
- Government, Natural Gas, Oil and Gas, LNG
- Location
- Akwa Ibom State, Nigeria
- Updated
- 22 Jul 2026
- Source
- Punch Newspapers
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The UTM Floating LNG project is Nigeria's first indigenous floating liquefied natural gas project designed to monetise gas from OML 104 at the Yoho Field offshore Akwa Ibom State. It uses a floating liquefaction vessel with a production capacity of 1.8 million tonnes of LNG annually, enabling offshore gas commercialisation without large onshore facilities. The project has completed Pre-FEED and FEED phases and received a Licence to Construct from the Nigerian Midstream and Downstream Petroleum Regulatory Authority. It has also secured approval of its Nigerian Content Plan for the EPC phase. |
Original sector | Energy |
Location
Country | Nigeria |
State | Akwa Ibom State |
Source
Source | Punch Newspapers |
URL |
More Details
Record type | Project |
Sector | Government, Natural Gas, Oil and Gas, LNG |
Article published date | 2026-07-10 |
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