The NNPC Gas Marketing Ltd (NGML), a subsidiary of NNPC Ltd, in partnership with NIPCO Gas Ltd, has signed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd to supply natural gas for the company’s proposed Liquefied Natural Gas (LNG) plant in the Lekki Free Trade Zone, Lagos State.
Under the terms of the agreement, which was finalized on March 6, 2025, the NGML-NIPCO Unincorporated Joint Venture (UJV) will supply 80 million standard cubic feet (mmscf) per day of natural gas to the Ssonic Petroleum LNG plant over a 20-year period.
This contained in a statement by the Corporation’s Chief Corporate Communications Officer, Mr. Olufemi Soneye
Driving Industrial Growth with Cleaner Energy
Mr. Soneye explained that the agreement aligns with NNPC Ltd’s commitment to promoting domestic gas utilization to drive industrial and economic growth.
He stressed that by ensuring a steady supply of natural gas, the initiative supports the transition to cleaner, more affordable, and environmentally friendly energy sources, reducing dependence on traditional fossil fuels and mitigating the impact of global warming.
NNPC Ltd’s Vision for a Sustainable Energy Future
“As Nigeria continues to expand its gas infrastructure, partnerships like this will play a crucial role in enhancing energy security, attracting investment, and creating job opportunities in the energy sector”.
“NNPC Ltd remains focused on leveraging Nigeria’s vast natural gas reserves to power industries and households, reinforcing its position as a key player in the global energy transition”.
