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Shell’s 20km gas pipeline connects industrial zones in Aba

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L-R: Manager, Upstream and Commercial Negotiation, Nigeria Agip Oil Company Limited, Pius-Milverton Ogunjiofor; Chairman/Chief Executive Officer, Geometric Power, Bart Nnaji; Managing Director/Chief Executive Officer, Gas Aggregation Company Nigeria Limited, Morgan Okwoche; General Manager, Gas Portfolio, The Shell Petroleum Development Company of Nigeria Limited (SPDC), Yemi Famori; and SPDC’s General Manager Business and Government Relations, Bashir Bello; at the signing of the Gas Supply and Aggregation Agreement for the Aba Integrated Power Project in 2018.
L-R: Manager, Upstream and Commercial Negotiation, Nigeria Agip Oil Company Limited, Pius-Milverton Ogunjiofor; Chairman/Chief Executive Officer, Geometric Power, Bart Nnaji; Managing Director/Chief Executive Officer, Gas Aggregation Company Nigeria Limited, Morgan Okwoche; General Manager, Gas Portfolio, The Shell Petroleum Development Company of Nigeria Limited (SPDC), Yemi Famori; and SPDC’s General Manager Business and Government Relations, Bashir Bello; at the signing of the Gas Supply and Aggregation Agreement for the Aba Integrated Power Project in 2018.

Shell Nigeria Gas (SNG) has completed the final phase of its 20km domestic gas pipeline expansion project in Abia State, connecting Agbor Hill, Osisioma and Araria industrial zones.

The project has also enabled the supply of pipeline gas to Ariaria Market Energy Solutions Limited, the Independent Power Project (IPP) consortium that provides electricity to the popular Ariaria market in Abia State. Ariaria International Market is one of the largest leather shoe-making and open stall markets in West Africa, with over 37,000 shops and an estimated one million traders.

Managing Director, SNG, Ed Ubong, said, “We are proud of this domestic gas infrastructure investment which allows the industries in Abia to have more reliable and cleaner source of energy. SNG is committed to supporting Nigeria’s industrialisation provided there is a stable regulatory environment in the domestic gas sector that allows investors recover their investment .”

Managing Director, NICEN Industries Limited, a paint and plastics manufacturer connected to the pipeline gas, Christopher Eze, said, “SNG has put life back into our industries in Aba through the provision of this natural gas line. This milestone will open up the state for an influx of investors thereby creating an enabling environment that will generate job opportunities for the youth of the State. I am sure that many industries in Aba will quickly take advantage of this great opportunity. Our company sincerely appreciates SNG for this great feat”.

Also speaking on the completion of the expansion project, President of the Manufacturers Association of Nigeria (MAN), Mansur Ahmed, said, “MAN is proud of the role that Shell is playing in driving industrialisation in Nigeria through domestic gas supply. Industries and manufacturing plants play a key role in transforming the Nigerian economy and this project will connect many manufacturers in Abia State, one of the nation’s major industrial hubs, to pipeline gas, which is a cheaper, cleaner and more reliable source of energy.

According to Ahmed, the gas supply to the Ariaria Market IPP would strengthen micro, small and medium enterprises in the Abia State and enhance the operating environment for manufacturing to thrive.

SNG together with its partners and local stakeholders has agreements to build infrastructure and deliver natural gas to over 150 industrial and commercial customers, mostly in Ogun, Abia, Rivers, Bayelsa and Lagos States. This will drive industrialisation, provide employment for skilled and unskilled local population in addition to directly improving internally generated revenues in these states.

With a reputation for safety, credibility and reliability, SNG has maintained a 16-year streak of successful ISO 14001 certification and has operated for over 10 years without any lost time injuries.

and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section.

Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s Form 20-F for the year ended December 31, 2019 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this announcement, June 28, 2020. 

Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

We may have used certain terms, such as resources, in this announcement  that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

 

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