Seven Energy International Limited
(“Seven Energy”), the indigenous Nigerian integrated gas Company has commenced
the supply of gas to the 560 MW Calabar National Integrated Power Project (“NIPP”).
The commercial delivery of gas to CalabarNIPP commenced in March 2015, and is
being executed through Accugas, a wholly-owned subsidiary of Seven Energy. When
operating at full capacityCalabarNIPP will increase national power generation
by over 10%.
Gas is being supplied to the power
plant from Seven Energy’s Uquo Gas Processing Facility in Akwa Ibom State
through the Seven Energy pipeline network.
The gas supply will enable the power
plant to complete commissioning and start deliveringelectricity into the national
grid.
Commenting on the achievement, Phillip
Ihenacho, Chief Executive Officer, Seven Energy, said; “Delivering a cost effective and reliable gas supply is critical to providingsustainable
power supply into the national grid to meet the government’s reform objectives
and to facilitate industrial development. I am delighted that our ability to
deliver an indigenous gas solution, from end to end is now being recognised by
a broad range of industrial and power sector customers. Not only will the gas
we supply drive enhanced power generation, but when combined with improvements
in transmission and distribution it will also facilitate industrial and
commercial developments which will have a far reaching impact throughout the
community, stimulating industry and generating employment as a result.”
Steve
Tierney, Managing Director, Accugas said “The Calabar NIPP is a
major power plant in Calabar and a further endorsement of the
quality and reliability of our services. Our strong capability across the
region with ownership of gas reserves and pipeline infrastructure have enabled
us to commercialise our gas assets, delivering a solution that the market has
been demanding for many years. We are ready and look forward to adding more
customers to our network across the South East of Nigeria, bringing affordable
and reliable gas to a wider audience.”
Seven Energy has continued to champion
an industrial gas revolution through the development and production of natural
gas, and, critically, its commercialisation through investment in processing
and distribution infrastructure, where the Company has invested over $1 billion
in the south east region of the Niger Delta in the last 5 years.
With significant capacity built into
its distribution infrastructure, the Company is capable of providing a
long-term supply of gas to additional off takers for power generation and for
local industry.
Since the
commissioning of the Uquo Gas Processing Facility in 2014, Seven Energy has
begun the supply of gas to other off takers such as the Ibom Power Company,
Notore Chemical Industries Limited and the United Cement Company of Nigeria,
also in Calabar.
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