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The Democrat News > Blog > Uncategorized > Falcon Receives 25-Year Gas Distribution License from NMDPRA
Uncategorized

Falcon Receives 25-Year Gas Distribution License from NMDPRA

Esther Udoh
Last updated: February 17, 2025 3:00 pm
Esther Udoh
Published February 17, 2025
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NMDPRA has granted Falcon Corporation a 25-year Gas Distribution License (GDL) for the Ikorodu Industrial Zone.MD Prof. Joe Ezigbo said the license gives Falcon exclusive rights to distribute gas in the area, marking a key approval that strengthens its position in Nigeria’s gas market.

The GDL aligns with the Petroleum Industry Act (PIA) 2021 and supports the government’s Gas Distribution Regulations of 2023.

The initiative will create opportunities in energy-intensive industries, power generation, clean cooking, gas mobility, and economic zones.Falcon MD Prof. Joe Ezigbo emphasized that natural gas is key to industrialization, job creation, and sustainable national development.

The GDL aims to improve gas accessibility, reduce production costs, attract industries to Ikorodu, and enhance energy security.

Falcon is a leading indigenous gas company, specializing in midstream and downstream energy solutions.With strong industry partnerships, it develops piped gas infrastructure, supplies natural gas to industries, and handles LPG storage, sales, and distribution.

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TAGGED:DownstreamOil and gas
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