Shell gas agreement

[lynx@gn.apc.org]

  >From Nigeria Today, today.
  
  
  
  SHELL SIGNS AGREEMENTS WITH NIGERIAN GAS COMPANY
  
  Shell oil company yesterday signed long-term gas agreements with the
  Nigerian Gas Company (NGC) for the supply, purchase and distribution of
  gas, Shell said in a statement. The supply of gas would aid power
  generation and industry in the Niger-Delta area of the country,  Shell
  Petroleum Development Company of Nigeria (SPDC) said. Under the agreements,
  SDPC gas from Sapele gas plant will fuel the National Electric Power
  Authority (NEPA) power station in that town, while gas from its Imo River
  field will be used by six industries in Aba, east of Nigeria.  In both
  cases, the NGC will deliver the gas, the statement said. Both agreements
  are for an initial renewable period of 10 years. The Sapele agreement
  covers the delivery of up to 23,991 million standard cubic feet (scf) of
  gas per annum, equivalent to 65.7 million scf per day. The Aba accord is
  for the delivery of up to 1,155 million scf of gas per annum, or 3.2
  million scf per day. From Aba, it will be distributed by SPDC to six
  customers in the city.  The SPDC, operator of the NNPC/Shell/Agip/Elf Joint
  venture, is Nigeria's largest commercial gas supplier, meeting 90 percent
  of the country's demand.  
  
  
  
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  nick jukes    (lynx@gn.apc.org)