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
Axella' s Director of Business Development, Mr Franklin Imole
By Favour Ifeoluwa & Akinola Ajibade
Axella's Gas Processing Plant announces Final Investment Decision ( FID) to develop a 50 MMASCF/D Gas Processing Plant, with h a view to deepen utilisation of gas in the country.
The firm, which is situated in 0ML 56 in Delta State, said that its making strategic investment in order to ensure that gas is available for industrial use in Nigeria.
Situated in Delta State, Southern Nigeria and billed to commence operation by the end of 2024, the facility, Axella' said, boasts of 12 MMSCF Modular Plant with an interconnection pipeline network of about 4kilometres alongside other ancillary infrastructure. The facility, the company added, is expected to commence operation by the end of this year.
Speaking on the plant , Axella's Director of Business Development, Franklin Imole said: " As the Federal Government continues to pursue its decade of Energy Transition Agenda, we remain a reputable gas processing plant, which aimed at tackling the long standing challenge of gas flaring and commercialisation ion Nigeria.
" We are positioning to develop requirite natural gas processing and last mile distribution that creates acesss for at least 20 per cent of Nigeria gas demand. Over the past two decades, we have been at the forefront of natural gas advocacy, and this project is a further reaffirmation of our dedication to gas infrastructure development and our vision to deliver innovative energy solutions across Nigeria and Africa, he concluded.
According to him, Axella has executed a fixed term long agreementt to supply leading indigenous upstream players and establish equipment agreement with world class Original Equipment Manufacturers (0MS) in order to ensure quality delivery of the project. This follows the Final Investment Decision (FID) executed by the company.
Continuing further, Imole said that the project is strat egically located in OML 55 to serve as a potential hubs, which upstream players for growth. Axella is partnering with OEMS to unlock economic opportunities, adding that the project that can potentially transform gas flaring into a valuable resource which would further ensure a stable, cleaner energy for domestic utilisation, thereby contributing signicantly to 002s, emißioks avings emissions, as well as supporting environmental sustainability.
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