Nigeria's Shoreline Energy signs $300 million gas deal with ShellStaff Writer | September 12, 2017
Nigerian energy company Shoreline has signed a $300 million agreement with the local unit of Shell to develop gas infrastructure around the commercial capital, Lagos.
Africa To develop, buy, market, distribute and sell
Shoreline said the agreement was to develop, buy, market, distribute and sell natural gas in the Victoria Island, Ikoyi, Lekki and Epe districts - areas that contain the city's business hub and some of the country's most expensive residential properties.
It said the agreement provided exclusive rights to distribute and sell gas in those areas. ■