By Abubakar YUNUS Ojima-ojo
The Nigerian National Petroleum Company (NNPC) Limited said it has signed six strategic agreements with key partners to enhance energy security.
In a statement on Wednesday, Andy Odeh, NNPC spokesperson, said the agreements were signed on the sidelines of the ongoing 25th NOG Energy Week, in Abuja.
Odeh said the agreements, which include a memorandum of understanding (MoU), gas supply agreement (GSA), and other gas transportation deals, marks a significant milestone in Nigeria’s journey towards industrial revitalisation.
The agreements comprise an MoU with Ajaokuta Steel Company Limited (ASCL), a gas sale aggregation agreement (GSAA) with ASCL, a GSA with UTM FLNG, and network entry agreements with ANOH Gas Processing Company (AGPC) and NNPC Exploration & Production (NEPL) Ltd.
In the agreement with ASCL, Odeh said both organisations committed to extend collaboration beyond gas supply.
He said they aimed at “catalysing the production of raw materials for oil and gas pipes, which a critical enabler for major infrastructure projects such as the African- Atlantic gas pipeline (AAGP) and the Escravos-Lagos pipeline system (ELPS) 3″.
“The MoU is anchored on two major pillars: the revitalisation of the Ajaokuta Steel Complex and the expansion of domestic gas utilisation through the Nigerian Gas Transportation Network Code,” Odeh said.
“This was complemented by the execution of a 20-year GSAA between NNPC E&P Limited (NEPL), Gas Aggregation Company of Nigeria Ltd/Gte (GACN), and ASCL.
“This agreement will see the supply of 3MMscf/d of Firm Contract Volumes and 47MMscf/d of Interruptible Contract Volumes to be used as feedstock for the power plant servicing the steel complex.”
According to the statement, NNPC/Seplat JV also signed a 15-year wet gas sale and purchase agreement (WGSPA) “between the NNPC/Seplat Energy Producing Nigeria Unlimited (SEPNU) JV and UTM FLNG Ltd”.
“Under the agreement, the Joint Venture will supply 200 million standard cubic feet of gas per day (MMscf/d) to the UTM Floating LNG (FLNG) project, providing the long-term feedgas certainty required to support financing and position the project for a Final Investment Decision (FID) in the fourth quarter of 2026,” Odeh said.
Further demonstrating its commitment to a regulated and efficient gas market, he said the NNPC announced the successful migration of legacy interconnection agreements to the new Nigerian gas transportation network code.
“This involved the signing of Network Entry Agreements (NEnAs) with three major gas producers,” Odeh said.
“These agreements, signed with Chevron Nigeria Limited (CNL), AGPC, and NEPL, will inject up to 800MMscf/d of natural gas into the domestic transportation network.
“This will serve Nigeria’s power plants, Gas-Based Industries (GBIs), and industrial clusters, significantly enhancing network connectivity and operational flexibility while improving the security of gas supply.”
Bayo Ojulari, group chief executive officer (GCEO), NNPC, said the agreements underscore the company’s commitment to the federal government’s gas-based industrialisation agenda, promoting economic growth and strengthening Nigeria’s energy security.
“What we are witnessing today is not just about signing agreements. It is about igniting the engine of Nigeria’s industrialisation,” he said.
“Gas is the key. It is source of revenue and profit. It is also the only product that can have that level of industrial impact on Nigeria, more than any other hydrocarbon.”
Ojulari said the agreements reflect NNPC Ltd’s commitment to transparency, efficiency and a standardised framework for nationwide gas utilisation to boost domestic supply and drive economic transformation.
The GCEO said the deals mark a new era of strategic partnerships that will promote local content, strengthen energy security and accelerate Nigeria’s industrial growth, adding that NNPC remains the partner of choice.
On Tuesday, Ojulari said NNPC has signed $20 billion gas deals in last one year.
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