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Deep-Dive Report: Out of Flare — Julius Rone Targets September for Nigeria's First Floating LNG Plant

Julius Rone is targeting September for the go-ahead on Nigeria's first floating LNG plant — a locally-led project designed to capture offshore gas the country has spent decades burning off. The prize is real: turning a wasted resource into export revenue. But so is the risk.

Deep-Dive Report: Out of Flare — Julius Rone Targets September for Nigeria's First Floating LNG Plant

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African Wealth Briefing — Mon., Aug. 10, 2026

African Wealth Briefing — Mon., Aug. 10, 2026

Egypt's MNT-Halan will list only its Egyptian arm, at up to $1 billion, keeping its Turkish, Pakistani and Gulf businesses private. And Julius Rone is targeting September for the go-ahead on Nigeria's first floating LNG plant — built to capture gas the country has spent decades burning off.

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