HighlightOil & Gas

Shell signs agreement to build gas pipelines in Oyo State

"Gov. Seyi Makinde described the project as a catalyst for economic development in the state"

1.3k

The Oyo State Government has partnered with Shell Nigeria Gas (SNG) to develop gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state.

Gov. Seyi Makinde described the project as “a catalyst for economic development in the state.”

He said: “This project fits into our plan to drive innovation and industrialization in Oyo State, and we are ready to partner with more companies and other organisations to enhance the delivery of relevant projects.”

Shell Nigeria’s Media Relations Manager, Abimbola Essien-Nelson, announced on Friday that SNG will construct and run the gas distribution network for 20 years, serving customers throughout Oyo State.

According to the statement, the Managing Director of SNG, Mr. 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 explained: “The gas distribution project will be a game-changer in the industrialization drive of the Oyo State Government, 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.”

The project will begin with the construction of gas distribution infrastructure along a 15-kilometer pipeline route, which will eventually deliver up to 60 million standard cubic feet of gas per day across the state. We anticipate the first gas to arrive in Q4, 2025.

Mr. Osagie Okunbor, Managing Director of the Shell Petroleum Development Company of Nigeria Ltd. and Chairman, Shell Companies in Nigeria, stated: “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.”

Leave a comment

Related Articles

First Bank changes its name to First Holdco Plc, brand name to FirstHoldco

First Bank of Nigeria (FBN) Holdings Plc is to change its name...

Breaking: APC’s Aiyedatiwa in landslide victory, wins all 18 LGAs in Ondo guber poll

The All Progressives Congress Candidate, Gov. Lucky Aiyedatiwa, has swept the 2024...

APC clears 20 Ogun council chairmanships, 236 councillor seats in Saturday’s poll

The All Progressives Congress (APC) has swept all the 20 local government...

Gusau Hails Edo Queens CAF Women’s Champions League Semifinal Feat

Nigeria Football Federation (NFF) President Ibrahim Musa Gusau has praised Edo Queens’...

#OndoDecides2024: Just in: APC’s Ayedatiwa leads in 15 LGs out of 18

Mr. Lucky Ayedatiwa, Ondo Governor and candidate of the All Progressives Congress,...

Horror: Former Ogun councillor shot in the head on bike

Suspected cultists killed Mutiu Akinbami on Friday, a former councillor in the...

Breaking: Ademola Lookman ruled out of Rwanda clash due to injury, returns to Italy

Ademola Lookman’s injury has dealt a blow to Nigeria’s Super Eagles ahead...

Crude oil thieves now use SUVs to beat security operatives – Rivers NSCDC

A new method of stealing crude oil and transporting illegally refined petroleum...

Ondo poll: DSS busts vote buyer, two bags stuffed with money found in car’s trunk

An alleged vote buyer, who was in possession of two “Ghana-must-go bags”...

Just in: Southwest plane with 99 passengers on board struck by gunfire in US

A Southwest Airlines plane was reportedly struck by gunfire at Dallas Love...

Ogun council poll: PDP flays delayed distribution of election materials, two result sheets per polling unit

The People’s Democratic Party (PDP) in Ogun State expressed concerns on Saturday...

Few hours to Ondo gov. poll: INEC replaces Ebiseni for Festus as LP’s candidate

Bowing to the recent judgment of the Court of Appeal, the Independent...

Nwabali excused from Rwanda clash due to father’s death

MNigeria’s Super Eagles will face Rwanda’s Amavubi on Monday without first-choice goalkeeper...

Updated: Tinubu confers CFR on late COAS Lagbaja, hands it over to widow

President Bola Tinubu has conferred a posthumous national honour on the late...

Exclusive: CAF’s disciplinary action against Libya: Wake-up call for Africa—Rwanda FA VP

“We must learn from what happened to Libya, and this is a...

Just in: Tinubu confers CFR on late COAS Lagbaja

President Bola Tinubu has conferred a posthumous national honour on the late...

Misconduct: NJC recommends two judges retirement, suspends two others

The National Judicial Council, led by Chief Justice of Nigeria, Justice Kudirat...

Supreme Court upholds EFCC’s legitimacy, dismisses governors’ suit

The Supreme Court has dismissed a suit filed by 16 states challenging...

FG proposes N13.8trn borrowing for 2025 budget

The Federal Executive Council (FEC) yesterday approved a borrowing plan of N13.8...

UBA to raise N239.4bln via right issues – Elumelu

The Group Chairman of United Bank for Africa, Tony Elumelu, has announced...