Project Details
CountryNigeria
LocationYolo field
Terminal TypeLiquefaction (Export)
Rig TypeFLNG
Capacity2.8 mtpa / 3.8 bcm
Trains-
Start Date01-Jan-2028
Cost (US$bn)2.1
Origin-
Destination-
OwnersUTM Offshore Limited {Nigeria}, Nigerian National Petroleum Corporation (NNPC) {Nigeria}, Delta State Government {Nigeria}
Buyers-
Status Notes
December 2025 - UTM Offshore Limited owns the project; January 2024 - FID is expected to be taken before the end of Q124; July 2023 - Nigerian National Petroleum Corporation (NNPC) and UTM Offshore have signed a heads of terms agreement for the construction of the project; Natural gas for the plant will be sourced from offshore Yoho field, owned by ExxonMobil and Nigerian National Petroleum Corporation (NNPC)
Last reviewed: 03 Feb 2026