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NNPCL, Akwa Ibom, GACN Seal $3.5bn Gas Industrialization Deal » News.ng
The Nigerian National Petroleum Company Limited (NNPCL), Akwa Ibom State authorities, and Gas Aggregator Company Nigeria Ltd/GTE (GACN) have formalised a $3.5 billion Memorandum of Understanding focused on gas industrialisation within Akwa Ibom State. The agreement was executed on Monday during the inaugural session of the South-South Gas Utilisation Forum 2025, taking place in Uyo. The ceremony drew participation from Ekperikpe Ekpo, Minister o…
NNPCL, Akwa Ibom Govt, GACN Sign $3.5b MoU on Gas Industrialization
The Nigerian National Petroleum Corporation Limited (NNPCL), Akwa Ibom State Government, and the Gas Aggregation Company of Nigeria (GACN) signed a $3.5 billion Memorandum of Understanding (MoU) on July 15, 2025, to drive gas industrialization in the region. The agreement, inked at the Government House in Uyo, aims to harness Akwa Ibom’s 2.2 trillion cubic feet of proven gas reserves to establish a gas processing hub, creating 10,000 jobs and bo…
NNPCL, Akwa Ibom, and GACN Sign $3.5 Billion Gas Deal to Drive South-South Industrialisation - TV360 Nigeria
In a major boost for regional energy development, the Nigerian National Petroleum Company Limited (NNPCL), the Akwa Ibom State Government, and the Gas Aggregation Company Nigeria Ltd/GTE (GACN) have entered into a $3.5 billion Memorandum of Understanding (MoU) to drive gas industrialisation efforts in the South-South region. The landmark agreement was signed on Monday during the opening session of the South-South Gas Utilisation Forum 2025, held…
NNPCL, Akwa Ibom Govt, GACN Sign $3.5b Gas Pact - InsideBusiness - Business News in Nigeria
The Nigerian National Petroleum Company Limited (NNPCL), the Akwa Ibom State government, and the Gas Aggregator Company Nigeria Ltd/GTE (GACN) have signed a $3.5 billion agreement on gas industrialisation in Akwa Ibom. The deal, which signals the South-South geopolitical zone’s commitment to driving gas industrialisation for shared prosperity, was signed on Monday at the opening session of the South-South Gas Utilisation Forum 2025 in Uyo. At th…
AIbom, GACN, NNPC sign $3.5b gas deal
Akwa Ibom state government, Nigerian National Petroleum Company LTD (NNPC) and the Aggregator Company of Nigeria (GACN) have signed a $3.5billion gas deal aimed at promoting domestic gas development. GovernorThe post AIbom, GACN, NNPC sign $3.5b gas deal appeared first on The Nation Newspaper.
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