The Nigerian National Petroleum Corporation (NNPC) has finalized an agreement to supply natural gas to the Dangote Refinery, aiming to support its operations and enhance Nigeria’s self-sufficiency in fuel production. The partnership signifies a milestone for Nigeria’s energy sector, as the refinery is expected to be one of the largest in Africa, significantly reducing the country’s reliance on imported fuel.
NNPC Managing Director stated that the gas supply deal is part of a broader strategy to promote local refining capacity, which is essential for Nigeria’s energy security and economic stability. By ensuring a steady supply of gas to the refinery, the NNPC hopes to improve efficiency, cut costs, and increase the availability of refined products within the country.
This initiative aligns with Nigeria’s efforts to transition from exporting crude oil to producing refined products domestically, a shift that could reduce the outflow of foreign currency and stimulate job creation. The Dangote Refinery, upon reaching full capacity, is projected to meet a substantial portion of Nigeria’s fuel demands, while also opening up possibilities for exports to neighboring African countries.
