Gas production: Shell announces FID on project

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Shell Nigeria

Shell Petroleum Development Company of Nigeria Limited (SPDC) has  announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State.

At peak production, the project is expected to deliver 300 million standard cubic feet of gas per day and will be treated at SPDC JV’s Gas Processing Facility and distributed through the Obiafu-Obrikom-Oben pipeline network.

The Managing Director of SPDC and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, who disclosed the development noted that the project would be a major game-changer in Nigeria’s quest for energy sufficiency and economic growth.

“This is good news for the SPDC JV and Nigeria as we look to grow the domestic market and optimise our onshore footprints,” he was quoted to have said in a statement.

“The project is key to driving the Federal Government of Nigeria’s ambition of marching away from a mono-economy through diverse industrial growth. It is…



Source: News Agency of Nigeria