The Shell Petroleum Development Company (SPDC) has finalized plans to provide 100 million standard cubic feet of gas per day to the Dangote Fertilizer and Petrochemical Plant in Lekki, Lagos State. The final investment decision was made in collaboration with joint venture partners, including the Nigerian National Petroleum Company Limited (NNPCL), TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company.
Osagie Okunbor, the Managing Director of SPDC, announced the final investment decision in Port Harcourt, highlighting its significance in supporting the Nigerian government’s “Decade of Gas” initiative. The decision involves the establishment of a dedicated upstream facility to supply 100 million standard cubic feet of gas per day to the Dangote Fertilizer and Petrochemical Plant in Lekki for a duration of 10 years.
This move aligns with efforts to harness Nigeria’s abundant gas resources and promote the use of gas in various sectors, contributing to the country’s economic development and energy transition goals. The collaboration between SPDC and Dangote Fertilizer signifies a strategic partnership that enhances gas supply for industrial applications, supporting the growth of the petrochemical and fertilizer industry in Nigeria.