Monday, 17 October 2016

Dangote acquires gas processing company in Netherlands

Dangote Industries Limited (DIL) has completed the acquisition of Twister B.V., a gas processing company headquartered in the Netherlands, to complement DIL’s portfolio of investments in the upstream, midstream and downstream segments of the oil and gas sector.
The company will help design and build the gas plants which would be critical in processing gas from oil fields for transportation via Dangote’s planned sub-sea pipeline (EWOGGS) for ultimate consumption by various industries and power plants.
“Twister’s cutting edge gas processing technology is fundamental to delivering our strategy to unlock about 3 billion cubic feet per day (bcfd) of gas in order to meet Nigeria’s gas needs.” Dangote said.

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