Shell, in collaboration with its partners within the Shell Petroleum Development Company of Nigeria (SPDC), has announced a major investment decision to support Nigeria’s gas ambitions.
The joint venture, alongside the Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company, has committed to building a dedicated gas pipeline supplying 100 million standard cubic feet per day to the Dangote Fertilizer and Petrochemical Plant in Lekki, Lagos State.
This 10-year agreement marks a significant step towards unlocking the potential of the gas-rich Iseni field in Bayelsa State and aligns with the government’s “Decade of Gas” initiative.
“This investment is crucial for developing the Iseni field and demonstrates our commitment to Nigeria’s gas agenda,” said SPDC Managing Director Osagie Okunbor. “Boosting domestic gas supplies is key to driving industrialization and economic growth.”
The project, anticipated to generate significant employment opportunities, entails building crucial infrastructure for gas delivery. This increased supply will enable the Dangote plant, Africa’s largest granulated urea fertilizer complex, to better fulfill Nigeria’s domestic fertilizer demands and enhance the country’s export capacity.
