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Power Minister lauds Savannah Energy for investments, contribution to Nigeria’s development

L-R: Matthew Edevbie, CEO of Income Electrix Limited; Chiedu Ugbo, Managing Director/CEO of Niger Delta Power Holding Company Limited; Chief Adebayo Adelabu, Honourable Minister for Power; Pade Durotoye, Managing Director of Savannah Energy, Nigeria; and Funmilola Ogunmekan, Head of Finance at Savannah Energy, During the Minister’s Recent Visit to Savannah’s Gas Processing Facility, in Uquo, Akwa Ibom State Photo: ChainReactionsNigeria

*Adebayo Adelabu, Minister for Power, commends Savannah Energy, the British independent energy company, for focused projects delivery, investments, and its contribution to growth of the domestic gas market towards national development

Alexander Davis | ñ

Chief Adebayo Adelabu, Honourable Minister for Power, has commended Savannah Energy, the British independent energy company focused on the delivery of projects that matter, and its investment in Nigeria’s energy sector.

Adelabu, who gave the commendation during a recent visit to the Uquo Central Processing Facility (“CPF”), in Akwa Ibom State, owned by Accugas Limited, a subsidiary of Savannah Energy, also applauded the firm for its contribution to the growth of the domestic gas market to support national development.

Okwudili Onyia, Communications Manager at Savannah Energy, stated the Minister for Power described the Uquo gas facility as a huge investment and evidence of Savannah Energy’s confidence in Nigeria’s economy.

Chief Adebayo appealed to other companies in the gas industry to emulate Accugas, so Nigeria’s current power challenges could be addressed.

“We are calling on other companies to emulate the activities of Accugas, so that the unreliable supply of gas that we have will be a thing of the past.

“They have been tried, they have been tested and they are trusted,” stated the Minister.

He said: “One other thing I also noted is their investment in a new gas compressor to boost pressure for gas supplies. It is a significant investment.

“We really appreciate it, and we will continue to be partners.”

Regarding the company’s social impact projects in the country, Chief Adelabu said: “I want to also thank you for the jobs you have created directly and indirectly, the CSR projects executed and for the safeguarding of the environment.

“We don’t want you to relent. We want you to do more to continue your expansion plans, so that you can supply more gas.”

In his remarks during the visit, Pade Durotoye, Managing Director of Savannah Energy, Nigeria, said that the company supports the Federal Government’s adoption of natural gas as a transition fuel in Nigeria’s net-zero pathway, particularly power generation.

Durotoye noted that is why Accugas had invested in building a nameplate 200 MMscfpd processing facility, supported by a ~260km pipeline network solely for the domestic market.

The Managing Director also said: “All our gas is consumed domestically, with 80% being sold to power generation companies, which account for approximately 20% of Nigeria’s thermal generation capacity for the grid.

“In addition, the gas supplied by Accugas enables about 10% of the country’s cement production.”

According to him, Accugas has invested US$45 million in a new compression system at the Uquo facility that will allow the company to continue to provide reliable gas supplies to customers for years to come.

He explained the system comprises two parallel trains with a capacity of 160 MMscfpd each and is designed to increase the gas export pressure to a maximum of 81 bar gauge.

The project is expected to be completed and operational later this year.

Savannah Energy Plc is a British independent energy company focused around the delivery of projects that matter in Africa.

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