Nigeria To Host 6 Gas Processing Plants, Seals Deals With Partners

Nigeria has sealed deals with 10 gas infrastructure companies for the establishment of 6 gas processing plants in the country.

The deal is for the production of marketable natural gas in liquefied and other forms, and is expected to boost in-country supply capacity

In perspective, the agreements, signed under the Midstream and Downstream Gas Infrastructure Fund (MDGIF) is for the establishment of:

1. 6 gas processing plants to produce marketable natural gas in liquefied or other forms to increase in-country supply capacity;
2. 3 compressed natural gas refueling infrastructures to deepen domestic utilisation of natural gas for mobility and other industrial uses, and
3. 1 bulk liquefied petroleum gas storage infrastructure to minimise supply chain constraints.

The agreements include a Joint Venture and Operating Agreement, a Joint Venture Equity Agreement, and a Joint Venture Accounts Agreement, with Ant Energy Limited, Sub Sea 9 gas, Waterdance International Concepts and LNG Arete as partner companies.

Speaking at the signing ceremony yesterday, Minister of State for Petroleum Resources (Gas) and chairman of the MDGIF, Rt. Hon. Ekperikpe Ekpo, hailed the deal for the gas processing plants.

He said it would help in unlocking Nigeria’s vast natural gas potential, adding that the fund had already empowered six companies in the midstream and downstream gas sectors of the Nigeria petroleum industry, the first year of the current administration.

10 additional companies have joined the initiative which covers the 6 geopolitical zones in the country.

The spread, the minister added, is to ensure equity, even development and access to gas resources nationwide.

He expressed the optimism that the success of the fund would be measured by tangible outcomes such as pipelines laid, facilities commissioned, jobs created, and energy supplied to millions.

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“This fund, and the partnerships it fosters, will pave the way for integrated gas infrastructure, bridging gaps that have long hindered progress.

“These advancements will not only connect regions but also create a ripple effect of opportunities across industries. From agriculture to manufacturing, and even digital innovation, the impact of a robust gas sector reverberates far beyond energy”.