The Shell Petroleum Development Company of Nigeria Limited, in collaboration with joint venture partners, has finalized plans to provide 100 million standard cubic feet of gas daily to the Dangote Fertiliser and Petrochemical Plant in Lekki, Lagos State. The decision, part of the joint venture’s final investment decision, involves establishing a dedicated upstream facility to meet the gas requirements of the Dangote plant for the next decade.
The Managing Director of SPDC, Osagie Okunbor, emphasized that this investment decision aligns with the Nigerian government’s ‘Decade of Gas’ ambition. The project involves the development of the gas-rich Iseni field within the Okpokunou Cluster in Oil Mining Lease 35 in Bayelsa State.
Okunbor highlighted the commitment of SPDC and its joint venture partners to Nigeria’s domestic gas agenda, emphasizing the importance of increasing natural gas delivery to the local market for accelerated industrialization and economic development.
The project is expected to contribute to job creation through direct and indirect employment opportunities. Dangote Fertiliser and Petrochemical Plant, being Africa’s largest granulated urea fertiliser complex, plays a crucial role in meeting Nigeria’s domestic fertiliser needs, producing approximately 65% of the country’s requirements.
This initiative builds on a previous agreement signed in March 2022, where Shell committed to supplying 70 million standard cubic feet of gas daily to Dangote Fertiliser Company.