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FG Plans New Model to Equalise Gas Prices across Nigeria
THISDAY LIVE
Posted on: September 5th 2017
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The federal government would work out a new gas pricing and supply model – likely to be the type adopted by it to ensure equal pump price for petrol across Nigeria, to get gas to all parts of Nigeria, especially the northern states, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has disclosed.

Kachikwu, stated this in Abuja when a Gas Sale Aggregation Agreement (GSAA) was signed between the Nigerian National Petroleum Corporation (NNPC), Total Exploration and Production Nigeria (TEPNG) joint venture (JV), Gas Aggregation Company of Nigeria (GACN) and Greenville Oil and Gas for the supply of natural gas for liquefaction at a $500 million mini Liquefied Natural Gas (LNG) plant to be built by Greenville in Rumuji Rivers State.

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