Nigeria Reduces Price Of Gas-to-Power To $2.18/mmbtu

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Nigeria Reduces Price Of Gas-to-Power To $2.18/mmbtu
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The federal government said it has reviewed downward the price of gas-to-power from $2.50/mmbtu to $2.18/mmbtu for domestic supply obligation (DSO).

He noted that the “forum is yet another demonstration of the federal government’s total commitment to the realisation of the objectives underpinning the ‘decade of gas’ declaration”.

Sylva recalled that a similar engagement in Owerri, Imo State in 2020 “brought much awakening to the region, leading to increased collaboration between the private sector, respective state governments and relevant agencies for gas commercialisation towards meeting identified energy demands in the area”.

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