- Safiu Kehinde
The Federal Government of Nigeria has hailed Savannah Energy over its contribution to the country’s gas industry.
As contained in a statement issued by the Ministry of Power, the FG commended Savannah Energy for its Investment in Nigeria’s energy sector , as well as its contribution to the growth of the domestic gas market to support national development.
Minister of Power, Adebayo Adelabu, made the commendation during a recent visit to the Uquo Central Processing Facility (CPF) in Akwa Ibom state.
According to the statement, the CPF is owned by Accugas Limited, a subsidiary of Savannah Energy.
Describing the gas facility as a huge investment, Adelabu urged other companies in the gas industry to emulate Accugas.
“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. 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.” Adelabu said.
He further lauded the British independent energy company for its social impact projects in the country.
In his reaction, the Managing Director of Savannah Energy, Nigeria, Pade Durotoye, said the company supports the Federal Government’s adoption of natural gas as a transition fuel in Nigeria’s net-zerl pathway.
He gave this as the reason why the company invested in building a nameplate 200 MMscfpd processing facility supported by a 260km pipeline network solely for the domestic market.
Durotoye disclosed that the company’s gas are domestically consumed with 80% of it sold to power generation companies.
“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.” He said.