BUA, NNPC Gas Marketing Flag-Off 700TPD, 45MMSCF Mini-LNG Plant In Ajaokuta

Caption: From left, Nasir Giwa, Refinery Coordinator, BUA Refinery & Petrochemicals Ltd.; Ahmed Usman Ododo, Executive Governor, Kogi State; Dr. Aliyu Idi Hong, Government Relations, BUA Group; Rt. Hon. Ekperikpo Ekpo, Honourable Minister of State for Petroleum Resources (Gas); Chief Pius Akinyelure, Chairman, NNPC Board; and Prince Shuaibu Abubakar Audu, Honourable Minister of Steel Devt. during the groundbreaking ceremony.

BUA Group on Thursday said it has started developing a 700-ton-per-day (700TPD), 45mmscf Mini-LNG Plant with a groundbreaking ceremony witnessed by the Founder/Executive Chairman of BUA Group, Abdul Samad Rabiu, the Kogi State Governor, Ahmed Usman Ododo; Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo; NNPC Board Chairman, Chief Pius Akinyelure; Group Chief Executive Officer of the NNPC Limited, Mele Kyari; Authority Executive of NMDPRA, Engr. Farook Ahmed and other eminent dignitaries including various stakeholders. at Ajaokuta, Kogi State.

Addressing the gathering, Samad Rabiu said upon completion, the LNG “will ensure that BUA’s captive power plants are provided with much-needed gas with limited supply downtime, thus enhancing our production and manufacturing capacity while positioning BUA to be fully integrated into the value chain of our energy supply operations”.

The project, he said, is a win-win for Nigeria, just as it is in line with President Bola Tinubu’s vision and promoting gas usage for cleaner energy. NNPC will provide critical gas feedstock for a 10% stake in the plant, and BUA will provide 100% financing while driving execution. This is a testament that public-private partnerships under the right government policies can deliver transformative results.

The BUA LNG plant will ensure cost efficiency, supply stability, and sustainability for BUA’s operations while reinforcing Nigeria’s industrial future. Covering a land area of about 16 hectares, it will primarily serve BUA’s captive power plants across its manufacturing businesses in Nigeria and provide gas for other uses within the country. This is geared towards operational efficiency in alignment with the national energy transition initiative.

Also speaking at the event, the Group Chief Executive Officer of NNPCL, Mele K. Kyari, said the project comprising five mini-LNG plants in Kogi State of which BUA LNG is one is rightly timed, considering its strategic location at the crossroads of Nigeria’s North and South, in Ajaokuta, Kogi State.

The signing ceremony for the project in Abuja was attended by BUA’s Group Executive Director, Kabiru Rabiu, Chief Legal Officer, Oluseye Alayande, and NGML’s leadership team led by Justin Ezeala.