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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in

Shell will supply gas to 225Mw plant if.......,.

..

By Akinola Ajibade


Barring any hitches, Shell Nigeria Gas (SNG) would be supplying gas  to an Independent Power Plant( IPP) with a view to enable it generate 225 megawatts ( Mw) of electricity for the country. 

Already, the company has over 150 customers on its list, a development, which implies that the firm is deepening its operation in sector.

A statement from Shell said that the plant is located in the South-Eaatern part of the country,  and that it is being promoted by Goodsyenergy Oil West Africa Limited (CS OWA) .

The statement quoted the Managing Director,, SNG, Ed Ubong, as saying that the plant would be providing all the gas needed by the plant in order to enhance its productivity. 

' It added that : " The firm  has signed the heads of terms agreement with CS OWA as a prelude to a potential Gas Sale and Purchase Agreement,” adding that the new partnership “will deepen domestic gas utilisation, enhance further industrialisation, and enable local industries to have access to reliable and affordable energy to thrive and create employment opportunities for Nigerians.”. 

In line with the heads of terms agreement, SNG will build the required infrastructure to connect the power plant to the Escravos Lagos Pipeline System for easy access to gas.

Similarly, the General Manager Shell Energy Business, Markus Hector, said the natural gas-fired power project would bring tremendous benefits to the economy by bridging Nigeria’s energy gap as part of the Decade of Gas initiative by the Federal Government.

He said, “Nigeria is an important heartland for Shell, and will remain so. We will continue to invest in the country to help meet its energy needs, with a focus to grow gas positions. SNG as part of the Shell Energy business line is positioned to drive the powering progress strategy by delivering more and cleaner energy to the Nigerian people and businesses.”t

In a related development, the  Managing Director, CS OWA, Dr Olugbenga Odusanya, said he was excited about the prospect of the new power plant with potential to unlock the domestic gas market and contribute to industrialisation in Nigeria.

 

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