Notwithstanding that NGC is not a gas producer, the company is solely in the business of Gathering, Treatment, Transporting and Marketing of Nigeria’s Natural Gas and its derivatives to end users through pipelines to her numerous consumers. In keeping with its business trust to continuously expand its customer base, NGC has this year (January – July) signed Gas Sale and Purchase Agreement (GSPA) with additional 8 new companies.
These include Ava Cement Ltd, Ibom Power, Energy Company of Nigeria for Okipp Ltd (formerly NNMC Oku – Iboku), Paras Energy and Natural Resource Ltd. Others are Metafrique Ltd, Monarch Steel Mills Ltd, Ossiomo Investments Ltd, Energy Company of Nigeria Ltd for Redeem Camp, Ekha Agro Limited and Genesis Electricity Limited (Addendum 1). In addition, NGC has signed a Memorandum of Understanding (MOU) and Shareholders Agreement with NIPCO for Compressed Natural Gas (CNG) and Pipeline Natural Gas (PNG) distribution in Benin City