The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners have announced the final investment decision (FID) to construct an upstream facility to provide 100 million standard cubic feet of gas per day to the Dangote Fertiliser and Petrochemical Plant in Lekki, Lagos State, for a period of 10 years.
This decision aligns with Nigeria’s Decade of Gas ambition and aims to boost the domestic gas market, enhance industrialization, and support economic development. The project, located in the Iseni field within Oil Mining Lease 35 in Bayelsa State, is expected to create jobs and contribute to the growth of Nigeria’s fertilizer industry.
Additionally, Dangote’s recently inaugurated oil refinery, operating at a processing rate of 350,000 barrels per day, will further bolster Nigeria’s energy sector by diversifying crude sources and increasing production capacity over time.
