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Dangote and NNPC Sign Gas Agreements to Boost Output and Support Energy Sector Growth

Dangote Industries Limited, through its subsidiaries like Dangote Petroleum Refinery, Dangote Fertilizer Plant, and Dangote Cement Plc, entered into gas sale and purchase agreements (GSPA) with NNPC and its subsidiaries. The agreements, signed in Abuja, are part of Dangote's vision for 2030 to increase output and ensure a cleaner energy supply.

The agreements with NNPC Ltd, Nigerian Gas Marketing Limited, and NNPC Gas Infrastructure Company Limited will support Dangote's expansion plans. The Managing Director of Dangote Cement Plc highlighted that the agreements will enable the company to meet the increasing gas demand for its operations in Nigeria.

The Minister of State for Petroleum Resources described the gas master plan as a pivotal policy shift towards a commercially viable and integrated gas sector. NNPC's Chief Executive Officer emphasized the significance of the NNPC Gas Master Plan 2026 in unlocking Nigeria's vast gas potential and positioning the country as a global gas hub.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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