Shell, NNPC, Others Take FID on 10-year Gas Supply to Dangote Fertiliser Plant –
The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners comprising the Nigerian National Petroleum Company Limited (NNPCL), TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company (NAOC) have taken the final investment decision (FID) to build a dedicated upstream facility to supply 100 million standard cubic feet of gas per day to Dangote Fertiliser and Petrochemical Plant for 10 years.Dangote Fertiliser and Petrochemical Plant is situated at the Lekki Free Trade Zone, Lagos State. Managing Director of SPDC and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, disclosed this at the weekend in Port Harcourt, Rivers State, according to a statement issued yesterday by the company’s Media Relations Manager, Abimbola Essien-Nelson. Okunbor described the FID as a significant step in supporting the Nigerian government’s ‘Decade of Gas’ ambition. SPDC is the operator of the joint venture.“This investment decision is a critical step in pursuing the development of the gas-rich Iseni field, which is part of the Okpokunou Cluster in Oil Mining Lease 35 located in Sagbama Local Government Area of Bayelsa State,” Okunbor said. He added that SPDC and its joint venture partners remained committed to Nigeria’s ‘Decade of Gas’ ambition.
THISDAY
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