About Us

Gas Aggregation Company Nigeria Limited (GACN) was established by the Federal Government of Nigeria in 2010, further to the National Domestic Gas Supply and Pricing Regulations, 2008 “The Regulation” for the implementation of the Nigerian Gas Master Plan and Management of Domestic Supply of Gas to the market.

The Domestic Gas Aggregator is amongst other things responsible for ensuring adequate supply of Gas to the strategic sectors of the Domestic market for the purpose of enhancing natural gas usage to achieve the much-desired industrialization in Nigeria.

Overview

GACN at a glance

  • The Domestic Gas Aggregator referenced in the domestic GasSupply & Pricing Regulations 2008 mandates
  • A regulated nonprofit making company, incorporated on 5th, January, 2010
  • One-stop shop between gas buyers and suppliers to manage the Domestic supply obligations (DSOs) of gas producers
  • Central to implementation of the commercial framework
  • Management of Escrow account
  • Receipt and verification of gas payment from buyers
  • Periodic computation of Aggregate Gas Price
  • Payment of Gas suppliers from Escrow  account
  • Management of dispute resolution process in respect of gas payment
  • Interface with the regulator on Domestic Supply Obligations (DSO) and gas availability

Who we are

Gas Aggregation Company Nigeria Limited

The Gas Aggregation Company Nigeria Limited (GACN) was incorporated in Nigeria on the 5th of January 2010 for the purpose of stimulating growth of natural gas utilization in the Nigerian domestic market, further to the statutory requirement of the National Domestic Gas Supply and Pricing Regulations of 2008.

GACN is therefore the vehicle for implementation of the Nigerian Gas Master Plan (NGMP) commercial framework. The NGMP requires the establishment of a Strategic Aggregator for the domestic gas market, whose responsibilities include processing request from gas buyers, managing allocation of gas to buyers, facilitating GSAA negotiations, managing escrow account on behalf of gas sellers, among others things. GACN is therefore the Nation’s trusted “Strategic Aggregator”.

 

What we do

Key GACN Functions under the Regulation and Governance Documents:

Ensure that the Domestic Gas Demand Requirement is achieved.

facilitate availability of adequate gas volumes to the strategic sector.

liaise with the Gas transportation network Operator for efficient, equitable & transparent access to gas transportation Network.