Gas Sales and Purchase Agreements (GSPA) have been signed by three subsidiaries of Dangote Industries Limited, Dangote Petroleum Refinery, Dangote Fertilizer Plant, and Dangote Cement Plc with Nigerian Gas Marketing Limited and NNPC Gas Infrastructure Company Limited (NGIC), subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd). The agreements will support existing growth initiatives and contribute to the conglomerate’s Vision 2030, which will lead to improved and cleaner energy supplies and expanded output. Speaking at the signing event in Abuja, David Bird, the chief executive officer of Dangote Petroleum Refinery, said that the agreement shows the refinery’s audacious efforts to increase its capacity.He clarified that the agreements are both a proactive step to lock in massive energy requirements for the projected rise in its production capacity and a significant turning point in the development push. The Group Managing Director of Dangote Cement Plc, Mr. Arvid Pathak, said the agreement signing acts as an enabler of his company’s strategic objectives. Additionally, he stated that the deal ensures the gas needed to satisfy the growing demand for gas as Nigeria’s production capacity are increased and to assist the push for the adoption of CNG as autogas.
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