Advisors ReportsAdvisors Reports
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network
Share
Sign In
Notification Show More
Font ResizerAa
Advisors ReportsAdvisors Reports
Font ResizerAa
Search
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
    • Upstream
    • Midstream
    • Downstream
  • Power
    • Generation
    • Distribution
    • Transmission
  • Renewables
    • Solar
    • Nuclear
    • Hydrogen
  • Extractive Industry
  • Maritime
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
DownstreamFinanceGasMidstreamNewsOil & GasUpstream

Shell signs 20-year agreement with Oyo State government to develop gas distribution infrastructure network

Admin
Last updated: May 4, 2024 12:28 pm
Admin
Share
3 Min Read
SHARE

…to deliver 60 millons SCF of gas Daily by Q4 2025

 

Oredola Adeola

 

Shell Nigeria Gas (SNG) has signed an agreement with the Oyo State Government to construct and manage gas distribution infrastructure, encompassing 15km of pipeline routes, to service  industrial and commercial users throughout the state for a duration of 20 years.

 

This was confirmed during the signing ceremony on Friday, hosted by Seyi Makinde, Oyo State governor, witnessed by Shell Nigeria Gas (SNG) led by Osagie Okunbor, Managing Director of the Shell Petroleum Development Company of Nigeria Ltd and Chairman, Shell Companies in Nigeria.

 

Advisors Reports gathered that the project would start with the construction of gas distribution infrastructure along 15km of pipelines route and will grow to deliver up to 60 million standard cubic feet of gas per day across the state, with the first gas is expected in first quarter (Q4) 2025.

 

Oluwaseyi Makinde in his remark described the project as “a catalyst for development in the state.”

 

He said, “This project fits into our plan to drive innovation and industrialization in Oyo State and we’re ready to partner with more companies and other organizations to enhance the delivery of relevant projects

Managing Director SNG, Ralph Gbobo, said the agreement was “a significant milestone for SNG and Oyo State to boost economic activities in Nigeria by supplying industries and manufacturers with natural gas, a more reliable, cost-efficient and environmentally friendly source of energy.”

 

He said, “The gas distribution project will be a game-changer in the industrialization drive of the Oyo State Government and help boost internally generated revenue and result in more job opportunities.

 

“For SNG the project is a milestone in our effort to continue growing the energy supply to businesses in Nigeria in line with Nigeria’s ambition to drive progress on the back of natural gas availability across Nigeria under the Decade of Gas initiative.”

 

Osagie Okunbor, Managing Director of The Shell Petroleum Development Company of Nigeria Ltd and Chairman, Shell Companies in Nigeria, said: “This event points to the value of partnership as Shell continues to power progress in Nigeria through more and cleaner energy solutions for commercial and industrial customers.

 

“Building on our presence in the country since the 1960s and the wide marketing and trading reach of Shell Energy, we are excited about developing gas distribution solutions and delivering competitive and reliable energy for power generation and industrial use across Nigeria.”

 

SNG was incorporated in 1998 as a fully Shell-owned company. Over the years, the company has grown as a dependable supplier of gas, and now serves over 150 clients in Abia, Bayelsa, Ogun and Rivers states.

 

 

 

 

 

 

Mainstream Energy Ltd. donates cash, relief materials to Mokwa flood victims
NNPC Ltd is not owing $6.8bn – Soneye responds to critics
Millennium Oil, partners with Saltspring Energy LLC to decarbonize Oza field operations, generate carbon credits
Dangote Refinery partners with MRS to sell petrol at ₦935/L, nationwide
Nigeria’s economy at risk as crude oil dips below $60 amid OPEC+ surge, big oil supply glut

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Share
Previous Article NERC unbundles TCN, as Nigeria ISO assumes market control, system operations
Next Article NERC slashes Band A electricity tariff by 8.1% to N206.80/kwH
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad imageAd image

Latest News

Dangote, Soneye, 40 others honoured at 2024 Champion Newspapers’ awards in Lagos
Advertorial News Special Project
June 9, 2025
FG to explore alternative debt facility to offset ₦2tn power sector legacy debt
Distribution Documentary Finance Generation Impact News Power
June 3, 2025
Nigerians paying just N815–N820 per litre, 55% less than N1,600 regional average –Dangote
Documentary Downstream Energy Transition News Oil & Gas Sustainability Technology
June 2, 2025
Dawcon, Green flare sign flare gas deal with OML 30 JV to power bitcoin mining, AI computing
Gas Green Finance News Power Renewables Sustainability Technology
June 2, 2025
Follow US
© 2022 AdvisorsReports. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?