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NNPC/Chevron, NDPHC Olorunsogo Others Sign GSAA

NNPC/Chevron, NDPHC Olorunsogo Others Sign GSAA

Chevron Nigeria Limited, CNL, in its capacity as Sellers’ Representative for the Nigerian National Petroleum Corporation and itself, has signed a Gas Sale and Aggregation Agreement, GSAA, with Olorunsogo Generation Company Limited, Niger Delta Power Holding Company Limited, NDPHC, and Gas Aggregation Company Nigeria Limited, GACN.

The agreement was executed on behalf of the four companies by Sanjay Narasimhalu, Director, Downstream Gas, CNL; Chiedu Ugbo, MD, NDPHC; Ifeoluwa Oyedele, Executive Director, NDPHC, for Olorunsogo Generation Company Limited; and Engr Morgan Okwoche, MD/CEO, GACN, respectively.

Under the deal, the CNL will supply on an interruptible (reasonable endeavours) basis, a daily contract …