In a move to bolster Nigeria’s energy landscape, NNPC Ltd, through its subsidiary NNPC Gas Marketing Ltd (NGML) and its joint venture partner NIPCO Gas Ltd, has signed a landmark Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd.
This agreement will facilitate the supply of 80 million standard cubic feet per day (mmscf/d) of natural gas to power Ssonic Petroleum’s proposed Liquefied Natural Gas (LNG) facility located in the Lekki Free Trade Zone, Lagos State.
Under the terms of the agreement, which was executed on Thursday, March 6, 2025, the NGML-NIPCO UJV will supply 80million standard cubic feet (mmscf) per day of natural gas to the Ssonic Petroleum LNG plant for a period of 20 years.
A press release signed by Olufemi O. Soneye, Chief Corporate Communications Officer at NNPC Ltd, states that the gas supply agreement is part of efforts by the NNPC Ltd to boost domestic gas utilisation for the nation’s industrial and economic growth and promote the use of gas as a cleaner, cheaper and more environmentally friendly fuel in keeping with the goal of reducing global warming.
This strategic partnership underscores NNPC’s commitment to expanding domestic gas utilization and supporting industrial growth in Nigeria
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