Investment

Investment Category:  

  • Clean Energy

First Modular Gas Systems Limited

First Modular Gas Systems Limited is a clean energy company which was established to reduce the flaring of gas in Nigeria. It converts gas that is flared into Liquefied Petroleum Gas (LPG) for clean cooking and Compressed Natural Gas (CNG) for commercial and industrial usage as a cleaner alternative to diesel and other more expensive fossil fuels in power generation.

FMGSL’s phase I development will it develop 15mmscf/d in two locations in south-eastern Nigeria and support FMGSL is also looking to replace c. 129.4 million litres of diesel use annually and eliminate about 111.9 million kg of CO2 emissions each year.

Key Social Development Goals (SDGs)

  • Affordable and Clean Energy: Ensure access to affordable, reliable, sustainable and modern energy for all.
  • Industry, Innovation and Infrastructure: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.
  • Climate Action: Take urgent action to combat climate change and its impact.
First Modular Gas Limited
First Modular Gas Limited
3 Cliff Heaven
First Modular Gas Limited
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