logo
logo

Tetracore Energy and Bill Gas Solutions Limited Enter Partnership to Double CNG Facility Capacity

Dec 10, 20247 months ago

Contract Type

partnership

Renewable EnergyOil And GasEnergy

Description

Tetracore Energy has partnered with Bill Gas Solutions Limited to double its compressed natural gas (CNG) facility capacity in Atakobo, Ogun State, Nigeria. The partnership aims to deploy nearly $30 million to develop CNG infrastructure nationwide over the next nine months, driving sustainable energy adoption in support of Nigeria’s clean energy goals.

Company Information

Company

Tetracore Energy and Bill Gas Solutions Limited

About

Tetracore Energy is a key player in Nigeria’s energy sector, committed to energy infrastructure development and meeting the rising demand for cleaner energy solutions. Bill Gas Solutions Limited is a subsidiary of Vita Energy, a multinational energy company primarily involved in the wholesale distribution and trading of petroleum products and LNG.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months