NNPC, NLNG Sign Gas Supply Agreements

The management of the Nigerian National Petroleum Corporation (NNPC) has signed the Trains 1-3 and 7 gas supply agreement (GSAs) with Nigerian Liquefied Natural Gas Company (NLNG).

The project agreement was disclosed by the corporation on its official twitter page.

The NLNG Trains 1-3 and 7 GSAs were signed by the Group Managing Director of the NNPC, Mele Kyari, Managing Director NLNG, Tony Attah, Managing Director Shell Nigeria, Osagie Okunbor, Managing Director Total Nigeria, represented by Patrick Olinma; and Managing Director of Nigerian Agip Oil Company, represented by Alesandro Casclili.

VIDEO:

Historic moment the dotted lines for NLNG Trains 1-3 & 7 GSAs were signed by the GMD @NNPCgroup @MKKyari; MD @nigeriaLNG @TonyAttah; MD @Shell_Nigeria Osagie Okunbor; Rep MD @TOTALNigeria Patrick Olinma; and Rep MD NAOC Alesandro Casclili.

N.B: Flash photography ? pic.twitter.com/HETOHhQGyu

— NNPC Group (@NNPCgroup) December 13, 2019

The agreement, signed at the NNPC towers on Friday is in two phases, the 1st phase detailed 20 years term for Train 7 GSAs and 2nd phase is a 10 years term for NLNG Trains 1-3 GSAs.

Also on Friday at the Towers, the signing ceremony of the Front End Engineering Design (FEED) agreement for NNPC’s Condensate Refinery Strategy Program (CRSP) Phase 1 was done.

The Program is the corporation’s strategy towards eliminating petroleum products importation in Nigeria as it is expected to deliver 20 million litres of petrol when it’s completed.

Kyari explained that the irony of an oil-producing country still one of the highest importers of petrol in the world was one that bothers the current administration of President Muhammadu Buhari

Meanwhile, the federal government has set 2023 as deadline to stop the importation of petrol into the country.