In furtherance of the drive to stabilise the gas business, Platform Petroleum and her Joint Venture (JV) partner, Newcross Petroleum Limited firmed up a variable gas supply agreement with the Nigerian Gas Marketing Company (a subsidiary of the Nigeria National Petroleum Corporation) for daily delivery of 10 – 30 million scf of Lean Gas to the Obiafu-Obrikom-Oben (OB-3) Gas pipeline.
The Managing Director of the NGMC, Mr Mohammed K. Barau, while receiving the Management of Platform Petroleum, and Newcross Petroleum, thanked the JV for the business relationship which would be beneficial to all parties to the agreement, and be the starting point for greater partnerships in the future.
The Managing Director of Platform Petroleum Limited, on behalf of the JV, also thanked the NGMC Management for willing to buy gas from the Egbaoma Field, and in anticipation that with the completion of the OB-3, first Gas delivery to the pipeline would be witnessed within a short time.
The gas delivery to the OB-3 gas pipeline is one of Platform’s strategic projects to maximise value from the vast gas resource of the field.
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