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Shell announces FID on Assa North gas project

A plan by the Federal Government to boost domestic gas production for increased power generation and industrialization may materialize soon as the Shell Petroleum Development Company of Nigeria Limited (SPDC) announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State.

At peak production, the project is expected to deliver 300 million standard cubic feet of gas per day and will be treated at SPDC JV’s Gas Processing Facility and distributed through the Obiafu-Obrikom-Oben pipeline network.

The Managing Director of SPDC and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, who disclosed the development yesterday noted that the project would be a major game-changer in Nigeria’s quest for energy sufficiency and economic growth.

Source: The Guardian