RIVERS STATE GOVERNMENT SIGNS MoU ON GAS SUPPLY WITH SHELL NIGERIA GAS - CALIPHATE MEDIA

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Thursday, 28 December 2017

RIVERS STATE GOVERNMENT SIGNS MoU ON GAS SUPPLY WITH SHELL NIGERIA GAS




 
PORTHARCOURT,Dec,27,(Caliphatemedia):The Government of Rivers State have signed a Memorandum of (MoU) with Shell Nigeria Gas for the distribution of gas to heavy industries in the Greater Port Harcourt area and its environs.
According to Shell the MoU set out cleat and broad terms and conditions that will guide both parties and bring about co-operation between the two parties in the development of new gas distribution plan, opportunities to its new and existing customers within the State
The MoU was signed by the Permanent Secretary, Rivers State Ministry of Energy and Natural Resources, Richard Hart for the state government while the Managing Director, Shell Nigeria Gas, Ed Ubong signed for the company.
After the signing, the representative of the Rivers State government had this to say; “The agreement is key in the efforts of the government to boost industrialization in Rivers State, we believe that the agreed terms in the MoU will lead to the signing of the Build-Operate-Own-and Transfer agreement early next year so that business can begin to reap the benefits of a steady source of energy”
According to Ed Ubong, the managing director of SNG, “Gas is the key to boosting industrialization. It is no coincidence that states that currently do well in internally generated revenue have also encouraged the use of gas to boost industrial output, which in turn provides employment and improved livelihood.”
“Shell Nigeria Gas (SNG) is grateful to the Rivers State Government for the foresight and co-operation in the signing of the MoU, and will reciprocate the gesture by taking every step to fulfill its obligation in the agreement”
Shell Nigeria Gas is a subsidiary of Royal Dutch Shell Plc, it engages in the downstream distribution of natural gas in Nigeria. It serves factories and commercial centres; industries that uses natural gas as feedback for manufacturing process; electric power generating plants; and transport companies which uses compressed natural gas.

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