Shudao Equipment Company wins 458 million yuan LNG project in Nigeria

Recently, Shudao Equipment Co., Ltd. successfully won the bid for the Rumuji Natural Gas Liquefaction Facility Project in Nigeria, with a winning bid amount of US$64.86 million, equivalent to approximately RMB 458 million. This successful bid is a concrete example of Shudao Group's continued deep participation in the Belt and Road Initiative and its efforts to accelerate the expansion of its overseas business, demonstrating the Group's brand influence and technology export capabilities in the global natural gas liquefaction field.

According to the winning bid notice, Shudao Equipment Co., Ltd. will be responsible for the project's process package and engineering design, equipment manufacturing and supply, and technical services, as well as providing related technical documents, personnel training, and other supporting services. The project's full-process, integrated service coverage highlights the company's core technological strength and comprehensive service capabilities in the LNG field.

This project successfully fills the gap for Shudao Equipment Co., Ltd. in the field of medium-to-large-scale LNG plant projects in Africa. Furthermore, the winning bid amount accounts for approximately 53.13% of the company's audited operating revenue in 2024, having a significant positive impact on the company's performance. As of mid-December, the company has cumulatively signed overseas contracts worth approximately RMB 223 million for 2025, marking a significant achievement in the company's internationalization strategy and efforts to strengthen its overseas business expansion.

In the future, Shudao Equipment Company will take this successful bid as an important opportunity to help Shudao Group accelerate its internationalization, provide global customers with better products and services, and achieve even greater success in the overseas market!