NiGaz Energy Company Limited
NiGaz Energy Company Limited, NECL, is a 50/50 Joint Venture (JV) company between NNPC and Gazprom EP International. The company was established in 2009 to execute Energy Projects in Nigeria and internationally, with a main focus on gas.
To be the Nation's premier integrated gas company operating at world class status and maximizing value additions in all sectors of the gas value chain.
NECL is in business to explore and produce hydrocarbon resources with emphasis on gas including processing, transportation, conversion and sales to customers in a cost effective and environmentally friendly manner.
BOARD OF DIRECTORS
The company's Board of Directors comprises four (4) members, two from each of the shareholders companies.
No. 2 Logone Close,
Off Nile Street, Maitama,
Telephone Number: 234 (0)9 291 117
The foundation for the birth of NECL was laid at the G8 summit in 2007 when the Presidents of Nigeria and Russia initiated discussions on Bilateral Strategic Energy Partnership Agreement which included expansion of bilateral cooperation in Energy sector
Subsequently, high level meetings were held in Abuja and Moscow, and the two presidents formally approved the formation of a JV company, NiGaz Energy Company Limited (NECL) during the Russian President's first visit to Nigeria in June 2008. The company was incorporated under the Companies and Allied Matters Act 1990.
Our mandate is to develop and implement gas monetization projects
Our ongoing activities include development of:
- Min-LNG and Virtual Pipeline Project
- Underground Gas Storage Project