The Chief Executive Officer of POWERGAS Africa, Sumeet Singh, says the recent Iran-US conflict has not disrupted the company’s gas supply operations in Delta State or other parts of southern Nigeria.
Speaking during a panel session at the Delta State Economic and Investment Summit 2026, Singh explained that the company has remained unaffected because it relies on long-term domestic gas supply agreements.
He noted that while the conflict has caused global fuel prices, especially diesel and petrol, to fluctuate, POWERGAS Africa has been able to maintain stable gas prices for its customers.
“Since February, we have all seen the impact of the Iran conflict. Diesel prices have changed significantly, and petrol prices have also gone up. Our gas price, however, has remained the same because we operate under long-term gas supply contracts with upstream producers and long-term agreements with our customers,” Singh said.
According to him, the company’s pricing structure has protected customers from international market shocks while demonstrating the value of using Nigeria’s natural gas resources to support the local economy.
“Our customers are not affected by what is happening in Iran. We are using a domestic resource to power local industries, support manufacturing and help address Nigeria’s economic challenges,” he added.
Singh also revealed that POWERGAS Africa established a Compressed Natural Gas (CNG) mother station at Ebedei, near Abraka in Delta State, about 10 years ago in partnership with the Delta State Government and indigenous gas producers.
He said gas from the facility is supplied across Delta State, as well as the South-South and South-East regions, through the company’s virtual pipeline network, providing a reliable energy source for industries and power generation.
According to him, at least 20 factories in Delta State currently receive gas through the network and generate their own electricity independently of the national grid, allowing them to continue operations without being affected by power supply challenges.
Singh said expanding the use of gas in industries and transportation would reduce production costs, improve the competitiveness of Nigerian businesses and help bring down inflation.
