Renaissance signs 16-Year gas deal with Indorama to fuel fertiliser output

Renaissance Africa Energy Company Limited agreed to supply natural gas to Indorama Fertiliser FZE for 16 years, locking in feedstock for one of Nigeria’s largest fertiliser producers as the country pushes to expand domestic gas use.

The Gas Sale Agreement, signed in Abuja, commits Renaissance to deliver as much as 60 million standard cubic feet of gas per day to Indorama Fertiliser, a unit of Indorama Eleme Petrochemicals Limited, on a firm-supply basis. The gas will be drawn from the Assa North Ohaji South facility, known as ANOH, a processing plant that has become a centrepiece of Nigeria’s effort to redirect more of its gas output toward domestic industry rather than export markets.

The agreement was signed by  Tony Attah, chief executive officer, Renaissance and Manish Mundra, Indorama Fertiliser managing director.

“This agreement reflects our commitment to unlocking the value of Nigeria’s abundant gas resources through partnerships that create real and lasting impact,” Attah said. “By supplying natural gas to a major fertiliser producer such as Indorama, we are supporting a value chain that is critical to food security, agricultural productivity, industrial growth, and economic development.”

For Indorama, the deal secures a dependable gas feedstock at a moment when fertiliser producers across the region are seeking to expand output to meet rising demand. Gas is the primary input for ammonia and urea production, and disruptions to supply have historically forced Nigerian fertiliser plants into costly downtime.

“Reliable access to natural gas is fundamental to fertiliser production, and this long-term arrangement provides a strong foundation for sustainable operations and future growth,” Mundra said. “We appreciate the partnership with Renaissance and look forward to leveraging this collaboration.”

The contract is expected to support uninterrupted production at Indorama’s plants, helping the company meet demand for fertiliser both within Nigeria and across the broader region. Executives from both companies said the added supply should help lift crop yields and strengthen food security in Nigeria and elsewhere in Africa, where fertiliser access remains uneven and often expensive for smallholder farmers.

The deal also feeds into Nigeria’s Decade of Gas initiative, a government program aimed at using the country’s large gas reserves to power industrialisation at home rather than relying primarily on crude oil exports and liquefied natural gas shipments abroad. Nigeria holds some of the largest proven gas reserves in Africa, but a large share of that gas has historically been flared, exported, or left undeveloped due to insufficient domestic processing and pipeline infrastructure.

The ANOH facility, developed to process gas from the OML 21 license area, has been positioned by Nigerian officials as a flagship project to boost domestic gas supply to power plants, industrial users, and now fertiliser manufacturers. Renaissance took over operatorship of the asset following the 2024 acquisition of Shell’s onshore Nigerian joint venture interests by a consortium of companies that includes Renaissance.

Neither company disclosed the financial terms of the agreement.