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The Managing Director of GACN, Morgan Okwoche, who signed on behalf of the company described the project as the foremost private off-grid gas supply and aggregation agreement that would enhance industrial growth and economic development.
The signing ceremony which held at the Transcorp Hilton Hotel in Abuja was executed on behalf of the three companies by Sanjay Narasimhalu, Director Downstream Gas, CNL; Morgan Okwoche and Dallas Peavey Jr., Managing Director of GACN and Managing Director of Egbin, respectively.
It is noteworthy that the NNPC/CNL JV, Egbin and GACN were able to bring the Egbin GSAA to a formal start, in support of the Federal Government's efforts to significantly improve the power situation in the country.
CHEVRON Nigeria Ltd (CNL), operator the Nigerian National Petroleum Corporation (NNPC) and CNL Joint Venture (NNPC/CNL JV), has signed a Side Letter to the 2011 Gas Sale and Aggregation Agreement (GSAA) with Egbin Power Plc (Egbin) and Gas Aggregation Company of Nigeria (GACN), bringing the GSAA to a formal start.
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