OCTAGRAM Fusion CNG and ONDIPA Announce Strategic Agreement to Develop 9 MMSCFD CNG Mother Station in Ondo State

OCTAGRAM Fusion CNG Limited and the Ondo State Development and Investment Promotion Agency have reached a strategic agreement to develop a 9 MMSCFD Compressed Natural Gas (CNG) mother station in Ondo State. This facility, located in the Ore industrial Park in Omotosho, Ondo State, is designed to provide a reliable source of CNG for various industries and transportation fleets.

OCTAGRAM successfully obtained a Licence to Establish (LTE) from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in May 2026, while the company is currently working towards obtaining a Licence to Construct (LTC). The project aligns with Nigeria's efforts to increase domestic natural gas utilization, diversify energy sources, and improve industrial competitiveness.

ONDIPA's CEO, Barrister Emmanuel Omomowo, expressed Ondo State's commitment to attracting investments that create sustainable economic opportunities for the state's residents. OCTAGRAM's CEO, Olutunde Odeyale, highlighted the company's commitment to addressing the gap in CNG access for industrial and commercial consumers by locating the proposed mother station near existing gas transmission infrastructure.

The distribution model for the facility will involve compression capacity, specialized CNG transportation equipment, and downstream delivery infrastructure. OCTAGRAM is actively exploring long-term gas supply and offtake arrangements with various stakeholders, including industrial consumers, power producers, and fleet operators.