The Nigerian National Petroleum Company Limited (NNPCL) has signed a landmark 10-year gas supply agreement with Dangote Petroleum Refinery and Petrochemicals FZE.
This deal is a significant milestone in Nigeria’s industrial growth and economic prosperity, aligning with President Bola Ahmed Tinubu’s policy of utilizing Nigeria’s abundant gas resources [1).
Key Terms of the Agreement:
- Gas Supply: NNPCL will supply 100 million standard cubic feet per day (MMSCF/D) of natural gas to Dangote Refinery.
- Duration: The agreement is for an initial period of 10 years, with options for renewal and growth.
- Purpose: The gas will be used for power generation and feedstock at the Dangote Refinery in Ibeju-Lekki, Lagos State.
This collaboration will ensure the operational success of the Dangote Refinery and enhance Nigeria’s domestic gas utilization. It’s also a testament to NNPCL’s commitment to business excellence and fulfilling its core mandate. The nation