Savannah Energy, Notore Chemical Sign New Gas Agreement

Accugas Limited, a subsidiary of Savannah Energy PLC, has entered into a new gas sales agreement (GSA) with Notore Chemical Industries (Notore).

A statement from Savannah Energy said Accugas will supply Notore with up to 10 MMscfpd of gas to augment its current supplies.

It added that the supply contract is on an interruptible and reasonable endeavours, based on gas availability and nominations, for an initial term of one year, with the option to extend for a mutually agreed period.

Notore’s fertiliser production plant is connected to the Accugas network via the Nigerian Gas Company pipeline from Ikot Abasi and no further tie-in or capital expenditure is required by Accugas to deliver gas to Notore.

Commenting the sales agreement, CEO of Savannah Energy, Andrew Knott said: “I am pleased to welcome Notore as a new gas customer to Accugas, representing our tenth customer site in total (versus three at the time of our acquisition of the Accugas business in 2019). We look forward to developing our working relationship with Notore over the course of the coming months and years.”

Notore Chemical Industries PLC, formerly Notore Chemical Industries Ltd, is a Nigeria-based integrated agro-allied, chemicals and infrastructure company located in the Onne Oil and Gas Free Zone area of Rivers State in southern Nigeria. Its primary business is the production of urea, ammonia and NPK blend fertilisers and sale to the Nigerian and international markets. Notore’s facility has a production capacity of 1,500 metric tons (MT) per day of urea and 1,000 MT/day of ammonia.