Thursday, 14 November 2024 04:46

NNPC signs 10-year gas sale deal with Dangote Refinery

Rate this item
(0 votes)

Nigeria's state oil firm, NNPC Ltd said on Wednesday one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas per day to the Dangote oil refinery for the next 10 years.

Financial details were not disclosed.

Under the agreement, NNPC Gas Marketing Limited will supply the refinery built by Nigerian billionaire Aliko Dangote in Lagos with natural gas for power generation and feedstock. The contract has options for renewal and additional supply.

NNPC, Africa's biggest oil producer, is seeking to promote domestic gas consumption for industrial growth.

 

Reuters

June 19, 2025

PZ Cussons quits Nigerian palm oil market, sells stake to partner

Consumer goods multinational PZ Cussons Plc is making a full retreat from Nigeria’s palm oil…
June 14, 2025

Tinubu's pardon of 'Ogoni Nine' rejected by Ogoni people

Ogoni activists on Friday rejected a posthumous pardon for nine members executed three decades ago…
June 19, 2025

5 signals that make you instantly more trustworthy at work

Scott Hutcheson Believe it or not, first impressions are biological. When meeting someone for the…
June 14, 2025

Traditional healer treats the sick with snake bites

Rosalio Culit, also known as Datu Kamandag among his fellow Manobo tribe members in Surigao…
June 15, 2025

Over 100 feared dead as gunmen attack Benue communities in night of horror

At least 100 people have been killed in a brutal overnight attack on Yelewata, a…
June 19, 2025

Israel Vs Iran: Here’s what to know after Day 6

Fear stalks Tehran as Israel bombards, shelters fill up and communicating grows harder The streets…
June 13, 2025

Your favorite alcoholic beverage linked to deadly form of cancer, study finds

Nicole Saphier joins 'America's Newsroom' to discuss the surgeon general pushing for cancer warning labels…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.