The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Nigeria Gas (SNG) have signed an agreement on development of a Pressure Reduction and Metering Station.
NCDMB will lease one hectare of its land at Polaku, Bayelsa State, to SNG, which will develop the pressure reduction and metering station.
The deal was signed in Abuja by the Executive Secretary NCDMB, Kesiye Simbi Wabote and the Managing Director of Shell Nigeria Gas (SNG), Mr. E. D. Ubong.
The pressure reduction and metering station will be used to distribute part of the gas from Shell’s Gbarain-Ubie Gas Plant for domestic utilisation.
In his remarks about the lease, Wabote stated that the Board decided to use part of its land to catalyse the distribution and availability of natural gas to domestic gas users within Bayelsa State and neighboring states, in line with the Board’s vision to be a catalyst for the industrialisation of the oil and gas industry and its linkage sectors.
According to him, the availability of natural gas will open up the corridor of opportunities for new and existing investors. He added that NCDMB is already in receipt of proposals for the location of power plants, compressed natural gas (CNG) plants, and other manufacturing outfits in Polaku.