The Nigerian National Petroleum Company Limited (NNPCL) on Saturday signed a landmark Memorandum of understanding with Indorama Eleme Petrochemicals Limited on gas supply.
This is in a bid to promote the use of natural gas by large-scale gas utilization industries.
NNPCL disclosed the signing of the MoU via its verified Trade and X handle formerly Twitter.
It said, “NNPC Ltd. signs a landmark Memorandum of Understanding with Indorama Eleme Petrochemicals Limited on gas supply in a bid to promote the use of natural gas by large-scale gas utilization industries.”
Details of the agreement were not disclosed as the company gave an indication on its social handle that it would later announce details of the agreement.
Many industry stakeholders have canvassed more gas utilisation to address the current high cost of fuel in Nigeria.
The included the Major Oil Marketers Association of Nigeria (MOMAN) and the Independent Petroleum Marketers Association of Nigeria (IPMAN)
