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Shell to sell Nigeria gas distribution business to Vaaris Energy

Source: Nairametrics

CEII brief

Nairametrics reported on 14 Oct 2026: Shell to sell Nigeria gas distribution business to Vaaris Energy.

Shell Plc has signed an agreement to sell its entire interest in Shell Nigeria Gas (SNG) Group, which operates a domestic gas distribution business in Nigeria, to Nigerian energy company Vaaris Energy.

— Nairametrics
Read the full story on Nairametrics

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 2024

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Original reporting © Nairametrics. 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.

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