Gas
Shell to sell Nigeria’s domestic gas business to Vaaris Energy
CEII brief
Premium Times reported on 14 Oct 2026: Shell to sell Nigeria’s domestic gas business to Vaaris Energy.
Read the full story on Premium TimesShell announced the deal in a statement on Tuesday, noting the transaction forms part of the strategy to simplify its portfolio and concentrate investments on areas of competitive strength.
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 © Premium Times. 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.
