By Nneka Nwogwugwu
The Nigeria Liquefied Natural Gas Limited, (NLNG) is set to supply 1.1MTPA to 3 indigenous companies offtakers.
NLNG agreed on this on Thursday after signing the 1.1 million tonnes per annum, MTPA, sales and purchase agreement, SPA, with three indigenous companies to facilitate domestic gas penetration.
Speaking at the event, the Managing Director of NLNG, Mr. Tony Attah stated that the agreement was part of NLNG’s commitment as a corporate entity, to unlocking gas utilization in Nigeria.
The companies include Asiko Power Limited, Bridport Energy Limited and Gas-Plus Synergy Limited. He said, “The SPAs will facilitate the project execution and development of infrastructure led by off-takers to aid LNG delivery into the domestic market, Vanguard reports.
“The execution of these SPAs follows a Domestic LNG (DLNG) Workshop which was held in November 2019 to stress test the delivery model with industry stakeholders and a series of engagements to identify suitable actors to co-create the initiative and stimulate market interest for potential off-takers.
“BIG congratulations to our Board of Directors and Shareholders and to the Department of Petroleum Resources (DPR) for this demonstration of faith in the Decade of Gas vision, and commitment to the actualization of that vision.
“With Nigeria’s enormous gas reserves, I am not in doubt that with the right drive from the government and the support of corporate organizations, we as a nation can stand with our head held high to be counted among major players. The government has demonstrated its readiness to take the gas sector to the next level by declaring this decade our nation’s Decade of Gas,” he said.