Shell Sells Nigerian Gas Arm

NigeriaShell is selling its gas distribution arm, which serves more than 130 customers.

Shell has piped gas to Nigeria’s factories and businesses for more than 25 years.

Vaaris Energy, a private Nigerian firm, takes 170 kilometres of pipeline across Ogun, Abia and Rivers states, and neither side disclosed a price.

Regulators must approve the deal, and Shell keeps its deepwater and Nigeria LNG stakes.

How each outlet framed it

Premium Times Nigeria: frames the sale as Shell's portfolio simplification toward Deepwater and Integrated Gas, not a distress exit from Nigeria