Aradel Gas Limited, a subsidiary of Aradel Holdings Plc, has signed a Gas Supply Agreement (GSA) to provide additional gas to Nigeria Liquefied Natural Gas Limited (NLNG) via the Shell Nigeria Gas (SNG) and NNPC Gas Marketing Limited (NGML) partnership. This agreement marks a significant advancement for Nigeria’s energy transition efforts and aligns with the federal government’s gas reforms aimed at enhancing energy security and promoting economic growth.
Mr. Adegbite Falade, Managing Director of Aradel Holdings, expressed satisfaction with the GSA, emphasizing that it guarantees a reliable supply of gas to NLNG. He noted that as the energy landscape evolves, natural gas remains a crucial component of Aradel’s growth strategy and the broader shift towards cleaner energy sources.
Aradel has consistently invested in infrastructure to maximize its asset potential, ensuring that its expansion plans are in line with government initiatives on domestic gas supply and the industrial growth of Nigeria. This commitment underscores Aradel’s role in supporting the country’s energy goals while fostering sustainable development.