Nigeria: FEC Approves Contracts for Escravos-Lagos Gas Pipelines, Other Infrastructure

Posted to the web 29 August 2008 Abuja To meet local gas requirement, the Federal Executive Council (FEC) on august 27, 2008 made three approvals - N4.6 billion, $344.2 million, and $177.6 million- for the expansion of the Escravos-Lagos pipeline phases one and two. Minister of Information and Communications, Mr. John Odey; his Energy counterpart in charge of Petroleum, Mr. Odein Ajumogobia; and Federal Capital... [read full story]