Nigeria's NNPC Signs 10-Year Gas Sale Deal with Dangote Refinery
11.14.2024 By Tank Terminals - NEWS

November 14, 2024 [Reuters]- Nigeria’s state oil firm, NNPC Ltd said on Wednesday one of its subsidiaries has agreed to supply 100 million standard cubic feet of gas per day to the Dangote oil refinery for the next 10 years.

 

Financial details were not disclosed.

Under the agreement, NNPC Gas Marketing Limited will supply the refinery built by Nigerian billionaire Aliko Dangote in Lagos with natural gas for power generation and feedstock. The contract has options for renewal and additional supply.

NNPC, Africa’s biggest oil producer, is seeking to promote domestic gas consumption for industrial growth.

 

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

China Lifts Fuel Export Curbs as Refiners Ramp Up Overseas Shipments
07.09.2026 - NEWS
July 08, 2026 [Oil Price]- China has lifted restrictions on the exports of refined fuels, allowin... Read More
U.S. LNG Exporter Reaps Windfall as Middle East Turmoil Drives Fees Higher
07.09.2026 - NEWS
July 09, 2026 [Oil Price]- Venture Global has reported a 69% increase in its liquefaction fees ov... Read More
TotalEnergies Eyes Offshore Exploration Deal in Syria
07.09.2026 - NEWS
July 08, 2026 [Oil Price]- TotalEnergies is looking to discuss the potential signing of an explor... Read More
VTTI Dalian Marks Green Methanol Milestone
07.09.2026 - NEWS
July 09, 2026 [Storage Terminals Magazine]- VTTI Dalian has completed its first commercial vessel... Read More