-- French oil giant and Nigeria's state oil company NNPC will invest $550 million to develop a gas-processing facility in the country, Bloomberg reports, citing an unnamed source.
-- An announcement will be made this week, according to Bloomberg.
-- The facility will supply gas to the Nigeria Liquefied Natural Gas plant--a consortium between NNPC, Shell, TotalEnergies and Eni, Bloomberg reports.
-- Neither TotalEnergies nor NNPC immediately responded to a request for comment from Dow Jones Newswires.
Full story: https://tinyurl.com/jce292xw
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
06-19-24 1008ET