NNPC signs six strategic gas deals to boost industrialisation, energy security

The Nigerian National Petroleum Company Limited has signed six strategic agreements with key industry partners to deepen gas utilisation, strengthen energy security and accelerate Nigeria’s gas-based industrialisation drive.
The agreements signed on the sidelines of the 25th Nigeria Oil and Gas Energy Week in Abuja on Tuesday include a memorandum of understanding and a Gas Sale and Aggregation Agreement with Ajaokuta Steel Company.
The agreements also include a Gas Sale Agreement with UTM Floating LNG, and three Network Entry Agreements with Chevron Nigeria, AGPC and NNPC Exploration and Production.
Speaking at the signing, NNPCL chief Bashir Ojulari described the agreements as a major step toward implementing the Federal Government’s gas-based industrialisation agenda.
Mr Ojulari said the agreements would unlock new domestic gas supply, strengthen the Nigerian Gas Transportation Network Code and position gas as a catalyst for economic transformation.
“What we are witnessing today is not just about signing agreements. It is about igniting the engine of Nigeria’s industrialisation. Gas is not only a source of revenue and profit, but also the hydrocarbon with the greatest potential to transform Nigeria’s economy,” he said.
He also said that the agreements reflected NNPC Ltd.’s commitment to transparency, operational efficiency and strategic partnerships that would promote local content, enhance energy security and attract investment into the country’s gas value chain.
A major highlight of the ceremony was the partnership with ASCL, under which both organisations agreed to collaborate to revive the Ajaokuta Steel Complex and expand domestic gas utilisation.
The MoU also seeks to support local production of steel pipes required for strategic infrastructure projects, including the African Atlantic Gas Pipeline and the Escravos-Lagos Pipeline System phase three.
The accompanying 20-year GSAA, signed by NEPL, Gas Aggregation Company of Nigeria and ASCL, provides for the supply of three million standard cubic feet per day of gas and 47 MMscf/d of interruptible gas to power the Ajaokuta steel complex.
NNPCL and its Seplat Energy Producing Nigeria Unlimited Joint Venture also signed a 15-year Wet Gas Sale and Purchase Agreement with UTM FLNG.
Under the agreement, the joint venture will supply 200 MMscf/d of gas to the UTM FLNG project, providing the feed gas needed to support project financing and pave the way for a Final Investment Decision expected in the fourth quarter of 2026.
In addition, NNPCL signed Network Entry Agreements with Chevron Nigeria, AGPC and NEPL to migrate legacy interconnection arrangements to the Nigerian Gas Transportation Network Code.
The agreements are expected to inject up to 800 MMscf/d of natural gas into the domestic gas transportation network, improving supplies to power plants, gas-based industries and industrial clusters while enhancing network efficiency and reliability.
The signing was witnessed by the deputy petroleum ministers, Ekperikpe Ekpo (Gas) and Heineken Lokpobiri (Oil) and the special adviser to the president on energy, Olu Verheijen.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

States
Delta: NDLEA says 36 hectares of cannabis farm destroyed
NDLEA says it destroyed 36.2 hectares of suspected cannabis plantation and seized N450 million worth of illicit drugs in Delta over the last year.

World
Trump says ceasefire with Iran over as U.S. launches fresh strikes
IRGC disclosed on Wednesday that it targeted U.S. military sites in Bahrain and Kuwait and that it had shot down a U.S. MQ-9 drone.

Economy
Tinubu urges Afreximbank to mobilise resources for Africa’s industrialisation
Mr Tinubu urged the leadership of the African Export-Import Bank to leverage Africa’s human, financial and natural resources to promote economic progress for all Africans.

States
Bayelsa: Father, son arrested for illegally possessing guns
The Bayelsa police command says it has arrested a 68-year-old man and his 36-year-old son for illegally possessing four single-barrelled firearms.

Africa
Tunisia proposes ban on single-use plastic bags
Members of the Assembly of People’s Representatives in Tunisia have put forward a legislative initiative aimed at a nationwide ban on single-use plastic bags.

Politics
1,300 NSCDC officers to provide security for Edo LG elections
The Nigeria Security and Civil Defence Corps has deployed 1,300 operatives across Edo’s three senatorial districts to provide security for Saturday’s local government elections.




