NNPC, Chevron Sign Gas Agreement With Dangote

The Nigerian National Petroleum Corporation, NNPC, and Chevron Nigeria Limited, CNL, have signed a gas sale and aggregation agreement GSAA, with Dangote Fertiliser Limited, DFL, with Gas Aggregation Company of Nigeria Limited as aggregator.

NNPC and CNL are obligated to supply 70mmScf/d of natural gas to Dangote Fertiliser to start up the newly-built fertiliser plant.

Mr. Jeffrey Ewing, Chairman/Managing Director, CNL, Mr. Morgan Okwoche, Managing Director/CEO of GACN, and Mr. Devakumar Edwin, Group Executive Director, Strategy, Capital Projects & Portfolio Development of DFL, executed the agreement, respectively, on behalf of the three companies, while NNPC executed the GSAA.

In a statement by the General Manager, Policy Government and Public Affairs, CNL, Esimaje Brikinn, it stated that “Dangote Fertiliser located at Ibeju Lekki, Lagos, is a flagship mega project designed to support the Federal Government’s drive to develop the agricultural sector and in-turn improve the Nigerian economy.

“Natural gas is the feedstock of the Dangote Fertiliser plant. This GSAA for the supply of the major raw material needed to run the fertiliser plant is another demonstration of NNPC/CNL Joint Venture, JV’s commitment to the domestic gas market.

“It is currently the largest and most on-spec supplier of gas to the domestic market.”