Total opens pipeline to Alaoji power plant, invests $5bn


6 Jul 2016

Total opens pipeline to Alaoji power plant, invests $5bn

Views

Total Nigeria, a subsidiary of the French multi-national oil and Gas Company has said it will start supplying gas via its Northern Option Pipeline (NOPL) to Alaoji power plant, to help strengthen the country’s weak power supply.

The company’s managing director, Nicolas Terraz, said that the company will commence delivery towards the end of this month.

Terraz added that this particular delivery was one of the gas company’s huge bouquets of projects that are aimed at uplifting and developing the socio-economics of the country.

He noted that the company has invested around $5 billion in Nigeria in the last five years, despite the volatile oil price causing uncertainties in the business environment, adding that the oil and gas firm has made significant progress on its major projects such as the OML 58 Upgrade, Ofon Phase 2 and Egina, which are contributing to the development of local content.

Hence, the need for development of alternative energy sources with lower carbon footprint cannot be over emphasised.

With the capacity to produce 1,131MW the combined cycle Alaoji Gas Power Station, is set to significantly improve power supply around Aba, the industrial hub in the south east of Nigeria.

According to the International Energy Agency’s Africa Energy Outlook, an estimated 93 million out of Nigeria’s 170 million population lacks access to electricity, making alternative resources available to come online in the short-term, a necessity to economic development.

READ ALSO: NPFL second transfer window opens

.

News Source: TODAYNG, 9jaTales

  • 0Blogger Comment
  • Facebook Comment
  • Disqus Comment

Post a Comment

Be the first to comment among your friends

comments powered by Disqus