The Nigerian National Petroleum Company Limited (NNPC Ltd), at the NOG Energy Week, signed six strategic agreements with key partners, ranging from Memorandum of Understanding (MoU), Gas Supply Agreement (GSA), and other gas transportation deals.
The partnership, signed on Tuesday, marked a significant milestone in Nigeria’s journey towards industrial revitalisation and enhanced energy security.
This was stated in a press release, on Tuesday, by the Chief Corporate Communications Officer of the NNPC Ltd, Andy Odeh.
NOG Energy Week and Gas Agreements
The agreements, executed on the sidelines of the 25th NOG Energy Week in Abuja, included an MoU with Ajaokuta Steel Company Limited (ASCL); a Gas Sale Aggregation Agreement (GSAA) with Ajaokuta Steel Company Limited (ASCL);
A GSA with UTM FLNG; a Network Entry Agreement with Chevron Nigeria Ltd; a Network Entry Agreement with AGPC, and a Network Entry Agreement with NNPC Exploration & Production Ltd (NEPL).
According to the GCEO, NNPC Ltd, Bayo Ojulari, the agreements underscored the commitment of the company to advancing the Federal Government’s gas-based industrialisation agenda, driving sustainable economic growth and enhancing national energy security.
“What we are witnessing today is not just about signing agreements. It is about igniting the engine of Nigeria’s industrialisation.
“Gas is the key. It is source of revenue and profit. It is also the only product that can have that level of industrial impact on Nigeria, more than any other hydrocarbon,” Ojulari stated.
He particularly described the agreements as a testament to NNPC Ltd’s shared commitment to transparency, efficiency, and a standardised framework for Nationwide gas utilisation.
This commitment, he assured, will unlock new supply capacity for the domestic market and solidify the role of gas as a catalyst for economic transformation.
Ojulari noted that the agreements signal a new era of strategic partnerships that will drive local content, enhance energy security and accelerate Nigeria’s journey towards becoming a global industrial powerhouse.
He described NNPC Ltd as the partner of choice, declaring: “We are on a journey, even as we look forward to greater collaboration with industry partners.”
A cornerstone of the signing ceremony was the agreement with Ajaokuta Steel Company Limited (ASCL).
In the MoU, NNPC Ltd and ASCL committed to extending collaboration beyond gas supply, aiming to catalyse the production of raw materials for oil and gas pipes, a critical enabler for major infrastructure projects such as the African-Atlantic Gas Pipeline (AAGP) and the Escravos-Lagos Pipeline System (ELPS) 3.
As contained in the release, the MoU was anchored on two major pillars: the revitalisation of the Ajaokuta Steel Complex and the expansion of domestic gas utilisation through the Nigerian Gas Transportation Network Code.
“This was complemented by the execution of a 20-year Gas Sale and Aggregation Agreement (GSAA) between NNPC E&P Limited (NEPL), Gas Aggregation Company of Nigeria Ltd/Gte (GACN), and ASCL.
“This agreement will see the supply of 3MMscf/d of Firm Contract Volumes and 47MMscf/d of Interruptible Contract Volumes to be used as feedstock for the power plant servicing the steel complex,” it was added.
NNPC Ltd/ Seplat JV also took a major step towards commercialising Nigeria’s vast natural gas resources by signing a 15-year Wet Gas Sale and Purchase Agreement (WGSPA) between the NNPC Ltd/Seplat Energy Producing Nigeria Unlimited (SEPNU) Joint Venture and UTM FLNG Ltd.
Under the agreement, the Joint Venture will supply 200 million standard cubic feet of gas per day (MMscf/d) to the UTM Floating LNG (FLNG) projec
This was to provide the long-term feed gas certainty required to support financing and position the project for a Final Investment Decision (FID) in the fourth quarter of 2026.
Further demonstrating its commitment to a regulated and efficient gas market, NNPC Ltd announced the successful migration of legacy interconnection agreements to the new Nigerian Gas Transportation Network Code.
“This involved the signing of Network Entry Agreements (NEnAs) with three major gas producers,” it was stated in the release.
“These agreements, signed with Chevron Nigeria Limited (CNL), AGPC, and NEPL, will inject up to 800MMscf/d of natural gas into the domestic transportation network.
“This will serve Nigeria’s power plants, Gas-Based Industries (GBIs), and industrial clusters, significantly enhancing network connectivity and operational flexibility while improving the security of gas supply,” it was added.
These agreements came within the milestone 25th NOG Energy Week themed “Advancing Energy Ambitions for Competitive & Resilient Economies,” which spotlighted the critical role of strategic partnerships in delivering energy and industrial value.
The signing of the various landmark agreements was witnessed by the Honourable Minister of Petroleum (Gas), Rt. Hon. Ekperikpe Ekpo; Honourable Minister of Petroleum (Oil), Senator Heineken Lokpobiri; Special Adviser (Energy) to the President, Ms. Olu Verheijen; Commission Chief Executive of NUPRC, Mrs Oritsemeyiwa Eyesan and Authority Chief Executive of NMDPRA, Rabiu Umar.
