• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, July 8, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Dangote, NNPC Seal Strategic Gas Agreements

Olushola Bello by Olushola Bello
5 months ago
in Business
dangote group
Share on WhatsAppShare on FacebookShare on XTelegram

Towards meeting the energy demands of their ongoing expansion projects, three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertiliser Plant and Dangote Cement Plc have scaled up their Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC), Nigerian Gas Marketing Limited and NNPC Gas Infrastructure Company Limited (NGIC).

The upscaled Supply Agreements will help drive the conglomerate’s Vision 2030, resulting in increased output, a better and cleaner energy supply, and support for ongoing expansion projects. The Agreements were signed at the unveiling of the NNPC Gas Master Plan (GMP) 2026, tagged NGMP 2026 held in Abuja.

CEO of Dangote Petroleum Refinery, David Bird, speaking at the signing ceremony, said that the agreement demonstrates the refinery’s bold steps to expand its capacity. According to him, the agreements mark a critical milestone in the expansion drive and a proactive measure to secure vast energy requirements for the anticipated increase in its production capacity.

According to Pathak, the signing of the agreement serves as an enabler of DCP’s strategic objectives. The agreement guarantees the gas required to support the drive towards CNG adoption as Autogas and to meet the increasing gas demand as production capacities in Nigeria are expanded. It also promotes the adoption of cleaner fuels, including Autogas (CNG) and gas, to support increased production output.

“For Dangote Fertiliser FZE, it is anticipated that the agreement will support the company’s fertiliser capacity expansion projects, given that fertiliser is a product of natural gas.”

 

The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, described the Gas Master Plan as a deliberate pivot from policy articulation to disciplined execution, anchored on commercial viability and integrated sector-wide coordination.

 

He said, “Today’s launch is not merely the unveiling of a document; it represents a deliberate shift towards a more integrated, commercially driven, and execution-focused gas sector, aligned with Nigeria’s development aspirations.

 

“Nigeria is fundamentally a gas Nation. With one of the largest proven gas reserves in Africa, our challenge has never been potential, but translation: translating resources into a reliable supply, infrastructure into value, and policy into measurable outcomes for our economy and our people. The Gas Master Plan speaks directly to this challenge.”

RELATED NEWS

PenCom Targets Deeper Capital Market Role As Pension Assets Hit N31.32trn

Global Oil Companies Heading For Higher Revenue Earnings In Q2, 2026

Indigenous Oil Firms Say Nigeria’s Oil Industry Heavily Taxed

 

Ekpo noted that the Plan’s strong focus on supply reliability, infrastructure expansion, domestic and export market flexibility, and strategic partnerships aligns seamlessly with the federal government’s Decade of Gas Initiative, positioning natural gas as the backbone of Nigeria’s energy security, industrialisation, and just energy transition.

The Group chief executive officer, NNPC, Engr. Bashir Ojulari, described the NNPC Gas Master Plan 2026 as a bold, effective execution-anchored roadmap designed to unlock Nigeria’s immense gas potential and elevate the country into a globally competitive gas hub.

Ojulari noted that with about 210 trillion cubic feet (Tcf) of proven gas reserves and an upside potential of up to 600 Tcf, Nigeria possesses one of the most consequential hydrocarbon basins in the world, one reinforced by the Petroleum Industry Act (PIA) and the Federal Government’s gas-centric energy transition agenda.

“The Plan is structured not just to deliver – but to exceed- the Presidential mandate of increasing national gas production to 10 billion cubic feet per day by 2027 and 12 billion cubic feet per day by 2030, while catalysing over 60 billion dollars in new investments across the oil and gas value chain by 2030,” he stated.

He explained that the Plan prioritises cost optimisation, operational excellence, and systematic advancement of resources from 3P to bankable 2P reserves, while strengthening gas supply to power generation, CNG, LPG, Mini-LNG, and critical industrial off-takers.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

OTHER NEWS UPDATES

Business

PenCom Targets Deeper Capital Market Role As Pension Assets Hit N31.32trn

19 minutes ago
Global Oil Companies Heading For Higher Revenue Earnings In Q2, 2026
Business

Global Oil Companies Heading For Higher Revenue Earnings In Q2, 2026

33 minutes ago
Indigenous Oil Firms Say Nigeria’s Oil Industry Heavily Taxed
Business

Indigenous Oil Firms Say Nigeria’s Oil Industry Heavily Taxed

45 minutes ago
Next Post
CBN Grants RoutePay Licence To Provide Digital Payment Solutions

Central Bank Tightens Liquidity, Withdraws N15trn From Financial System In January

Advertisement

LATEST UPDATE

PenCom Targets Deeper Capital Market Role As Pension Assets Hit N31.32trn

19 minutes ago

Tekno Credits Wizkid’s ‘Ojuelegba’ for Inspiring One of His Biggest Hits

24 minutes ago

All Eyes On Glasgow As Commonwealth Games Countdown Enters Final Stretch

24 minutes ago

Ex-Minister Nnaji Faces Civil Suit, Denies Criminal Charges Amid ICPC Case

26 minutes ago

Jermaine Dupri Sues Sony Music for $18 Million Over Alleged Unpaid Royalties

27 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.