Pipelines, Storage & Power

Shell to sign Nigeria gas pipeline deal with local partner

Shell is set to sign an agreement to develop gas pipeline infrastructure in Nigeria.
By Staff reporter 11 September 2017 0 27523

Shell is set to sign an agreement to develop gas pipeline infrastructure in Nigeria, according to the Financial Times.

The agreement will be in conjunction with Shoreline Energy, a Nigerian partner. The $300 million deal will see the development of infrastructure in and around the Lagos area as well as the development of marketing and distribution operations.

Part of the deal will be to fund a pipeline and transmission network, in which Shoreline Energy holds a 75% stake.

Shell’s presence in Nigeria’s gas sector is already...