- Shell Nigeria Gas (SNG) considers a 225MW IPP in South-West Nigeria.
- SNG will build the required infrastructure to connect the power plant to the Escravos Lagos Pipeline System
Shell Nigeria Gas (SNG) proposes developing a 225MW independent power plant to be located in South-West Nigeria. In a report by The Tide, Ed Ubong, Managing Director of SNG, revealed that the SNG can supply all the gas needed for the project promoted by Coodsynergyn Oil West Africa Limited (CS OWA).
“We have signed the heads of terms agreement with CS OWA as a prelude to a potential Gas Sale and Purchase Agreement,” Ubong noted, adding that the new partnership “will deepen domestic gas utilisation, enhance further industrialisation, and enable local industries to have access to reliable and affordable energy to thrive and create employment opportunities for Nigerians.”
According to the heads of terms agreement, SNG will construct the required infrastructure to connect the power plant to the Escravos Lagos Pipeline System for easy access to gas.
General Manager, Shell Energy Business Line in Nigeria, Markus Hector, said the natural gas-fired power project would bring tremendous benefits to the economy by bridging Nigeria’s energy gap as part of the Decade of Gas initiative by the Federal Government.