HomeGeneralBayelsa announces US gas plant deal, but investment value remains uncertain

Bayelsa announces US gas plant deal, but investment value remains uncertain

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The Bayelsa State Government has announced a partnership with a United States-based energy company to develop a gas processing facility, but the value of the proposed investment is yet to be determined, pending a feasibility assessment of gas flare sites across the state.

The government said the agreement with Fulcrum LNG Incorporated was reached on Wednesday at the inaugural US-Nigeria Governors Government-to-Business (G2B) Forum on Energy, Mining and Infrastructure in Sugar Land, Texas.

The announcement came after a meeting between Governor Douye Diri and the company’s Chief Executive Officer, Jesus Bronchalo.

According to a statement issued by the governor’s spokesperson,

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