The Nigeria Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company (NNPCL) Limited, has signed a 10-year Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE.
The deal is aimed at supplying 100 million square cubic feet of gas per day to Dangote Petroleum Refinery and Petrochemicals FZE.
Mr Olufemi Soneye, spokesman of NNPCL disclosed this in a statement on Wednesday.
The agreement is set to enhance natural gas utilization for power generation and feedstock at the Dangote Refinery, representing a groundbreaking collaboration between two of Nigeria’s industrial giants.
The agreement was officially formalized in Lagos, where Justin Ezeala, Managing Director of NNPC Gas Marketing Limited (NGML), and Aliko Dangote, President and CEO of the Dangote Group, signed the document.
Meanwhile, the deal is in line with President Bola Tinubu’s vision to capitalize on Nigeria’s abundant natural gas resources to drive industrial growth and foster economic prosperity.
This supply structure not only ensures the refinery’s operational success but also reinforces Nigeria’s commitment to domestic gas utilization.
Describing the deal as “unprecedented,” Soneye noted that the zero capital expenditure (CAPEX) outlay marks a first for NGML and any local gas distribution company in Nigeria.
The collaboration signals a milestone for NNPC Ltd and the Dangote Refinery, underscoring both entities’ shared dedication to supporting local production, enhancing energy security, and driving industrial progress across Nigeria.
