Gas
Shell signs deal to sell Nigerian gas business
CEII brief
Punch reported on 14 Oct 2026: Shell signs deal to sell Nigerian gas business.
Read the full story on PunchShell has signed an agreement to sell its entire interest in Shell Nigeria Gas Group to Nigerian energy company, Vaaris Energy Limited, pending approval.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
72.9% of electricity in Nigeria came from gas in 2024Countries in this story
Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.