By Emmanuella Anokam
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has signed six strategic agreements with key industry partners as a major step toward implementing the Nigeria Government’s gas-based industrialisation agenda.
The agreements were signed on the sidelines of the 25th Nigeria Oil and Gas (NOG) Energy Week in Abuja on Tuesday.
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The agreements include a Memorandum of Understanding (MoU) and a Gas Sale and Aggregation Agreement (GSAA) with Ajaokuta Steel Company Ltd. (ASCL), Gas Sale Agreement (GSA) with UTM Floating LNG (FLNG), and three Network Entry Agreements (NEnAs) with Chevron Nigeria Ltd., AGPC and NNPC Exploration and Production Ltd. (NEPL).
Speaking at the signing, Mr Bashir Ojulari, Group Chief Executive Officer, NNPC Ltd. said the agreements will deepen gas utilisation, strengthen energy security and accelerate Nigeria’s gas-based industrialisation drive.
Ojulari added that the agreements would unlock new domestic gas supply, strengthen the Nigerian Gas Transportation Network Code
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