NNPC, gas suppliers sign 1.29bscf/d Feedgas agreement with NLNG
NNPC and several gas suppliers have signed Gas Supply Agreements with NLNG, committing to deliver 1.29 billion standard cubic feet per day of feedgas, with an extension option. The agreement was signed at the NNPC Towers in Abuja, involving companies like Amni International Petroleum Development Company, Sunlink Energies Resources Limited, and others.
This move aims to address the prolonged shortfall in upstream gas availability and boost Nigeria's energy transition agenda. NNPC's Group CEO, Engr Bashir Bayo Ojulari, praised the agreement as a significant step towards sustainable gas supply and value creation.
NLNG's Managing Director, Philip Mshelbila, highlighted the importance of the GSAs in enhancing local gas production capacity and ensuring supply reliability for industrial growth. The agreement is seen as a turning point in NLNG's journey towards growth and expansion in the global energy market.
Plus234Feed summary based on reporting from Nigerian Tribune. Read the original report below.
Read full article
Continue on Nigerian Tribune
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
NNPC, Gas Suppliers Sign 1.29bscf/d Feedgas Supply Deals with NLNG
Aradel Gas Renews Agreement to Supply Gas to NLNG, Boosting Nigeria's Energy Transition
Nigeria Targets 10bn SCF Daily Gas Output by 2030 in Energy Reform Drive
NLNG powering Nigeria’s energy future, says NNPC CEO
Nigeria Aims for Ten Billion Cubic Feet Gas Production by 2030
NLNG Leads Methane Emission Reduction Efforts in Nigeria
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
