FG to execute FID for $3.8b Brass methanol project in May
The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the $3.8 billion Brass Methanol Project is to be executed by May 2024.
The minister of state petroleum resources (Gas), Ekperikpe Ekpo, announced this on Wednesday, April 17, at a meeting held with key stakeholders of the project in his NNPC Towers Abuja office.
Ekpo said the meeting was to confirm adequate gas supply to the Brass Methanol Project by the NNPC/Shell/TotalEnergies/NAOC Joint Venture (JV), as well as determine the next steps to conclude and execute the GSPA and mature phase 2 of gas supply to the project.
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