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Dr. Julius Rone is the founder of UTM Offshore Limited, a company behind Nigeria’s first indigenous Floating Liquefied Natural Gas facility. With UTM Offshore Limited, Dr. Rone has carved a niche for himself as a transformative leader in Africa’s energy sector.
Under his leadership, the company has successfully driven the development of its FLNG project, a landmark initiative set to strengthen Nigeria’s LNG capacity to an enviable height.
With a planned production capacity of 2.8 million tons per annum, the project represents a major step in gas monetisation and energy security for the nation.
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In business, Dr. Julius Rone combines strategic foresight with operational excellence, which has made him a leading force in Nigeria’s vibrant energy sector.
In 2023, he recorded a breakthrough when UTM Offshore Limited signed an agreement with the Nigerian National Petroleum Company Limited for a 20 percent equity stake, underscoring the project’s national significance.
As a global advocate for Africa’s energy potential, he has represented Nigeria at high profile platforms, including the African Energy Week in Cape Town and the Invest-in-African Energy Forum in Paris.
Dr. Julius Rone’s legacy is defined by his unwavering commitment to innovation, national progress, and community development.
His leadership continues to inspire a new generation of entrepreneurs and energy professionals, confirming his status as a transformative figure in Nigeria’s energy landscape and the Gas King of Africa, as oil and gas industry players call him.
It is for these reasons and several others that The Sun Board of Editors chose him as winner of The Sun Investor of the Year Award for 2025.
