Port Harcourt, Feb. 4, 2024 – Shell Petroleum Development Company (SPDC) plans to supply100 million standard cubic feet of gas per day to the Dangote Fertiliser and Petrochemical Plant.
It said the decision was taken along with its joint venture partners – Nigerian National Petroleum Company (NNPC) Limited, TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company.
Osagie Okunbor, the Managing Director of SPDC, who announced the decision in Port Harcourt, described the decision as a significant step in supporting the Nigerian government’s ‘Decade of Gas’ ambition.
“This investment decision is a critical step in pursuing the development of the gas-rich Iseni field, which is part of the Okpokunou Cluster in Oil Mining Lease 35 located in Sagbama Local Government Area of Bayelsa State.”
Okunbor said that SPDC and its joint venture partners remained committed to Nigeria’s ‘Decade of Gas’ ambition and particularly, the domestic gas agenda.
He also said that increasing the delivery of natural gas to the domestic market was key to accelerated industrialisation and economic development in Nigeria.
“The FID signals a positive step towards the construction of the required infrastructure for the project that is expected to create jobs through direct and indirect employment.
“Dangote boasts Africa’s largest granulated urea fertiliser complex and produces around 65 per cent of Nigeria’s domestic fertiliser requirements.
“The project will supply gas which will enhance the Dangote Fertiliser and Petrochemical Plant’s ability to deliver on its promise to the Nigerian people and government.’’ (GBN)
