Oil & Energy
‘Ajaokuta – Kaduna – Kano Gas Project To Be Ready In 2022’
Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, says that the Ajeokuta-Kaduna-Kano (AKK) gas pipeline project will be completed by 2022.
Baru disclosed this while delivering a keynote address at the 19th Oloibiri Lecture Series and Energy Forum in Abuja, last Thursday.
He spoke on the topic ” The Road Map for Energy sustainability in Nigeria”.
Oloibiri was the first place oil was discovered in Nigeria on January 15, 1956.
Oloibiri Oilfield is an onshore field located in Oloibiri in Ogbia Local Government Area of Bayelsa.
Oloibiri Lecture series is an annual event that brings stakeholders in the industry together to discuss issues that would drive growth and development of the sector.
“The Ajaokuta-Kaduna-Kano pipeline that is proposed to convey gas from the Niger Delta, through Ajaokuta to Kaduna and Kano, will be completed by 2022,” he said.
According to him, the pipeline, when installed, will also supply 3,600 mega watts of power to the national grid.
He also noted that the visibility study on Nigeria/Morocco gas pipeline project had been completed, adding that phase one of the field work was equally finalised.
He said it was unfortunate that in spite of the abundant oil and gas reserves, Nigeria continued to experience shortages in electric power.
He said that based on available data, Nigeria’s energy consumption was projected to rise from six Gigawatts (GW) in 2015 to 30 by 2025
Baru said that to achieve this, the country would need aggressive development of gas and renewable projects.
He added that the 1.1 billion standard cubic feet (SCF) of gas, 342 kilometres by 36 inches Escravos-Lagos Pipeline System, ELPS II, had achieved 97 completion.
He said the remaining 70 kilometres of the pipeline would be completed by the middle of 2019.
“The 130 kilometres by 48 inches/36 inches Obiafu/Obrikom-Oben, OB3, pipeline with the capacity to link the eastern and western parts of the country with about two billion SCF of gas daily, was at 92 per cent completion and would also be concluded by the middle of the year,” he said.
The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCO), says the Nigeria’s energy supply remained very poor.
He also lamented that 70 per cent of households and small businesses in Nigeria hardly get more than four hours of electricity daily.
This, he said, was because 70 per cent of electricity generated by power companies was lost before it got to the consumers.
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Oil & Energy
Reps Panel Dismisses Petition Against NIPCO gas Licence
The decision followed a review by the House Sub-Committee on the Petition concerning NIPCO Plc, which rejected the complaint filed by the Nigerian Energy Security Watch Group (NESWG) for lacking substance and evidential support.
The petition had called for an investigation into, and the suspension and cancellation of, gas distribution licences issued by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to NIPCO for Lagos, Ogun, Oyo and Osun states, as well as the Lagos and Lekki Free Trade Zones.
Announcing the decision last Thursday, the Chairman of the Sub-Committee, Peter Aniekwe, said the petitioners relied on hearsay and failed to establish any wrongdoing in the licensing process.
“At its sitting today, the Sub-Committee resolved not to proceed with the investigation, and the petition is accordingly dismissed,” Aniekwe said.
The committee, which also includes Dahaltu Shehu, was constituted in October to examine the petition. It was granted an additional 14 days on October 26 to conclude its assignment.
Aniekwe said the issuance and regulation of gas distribution licences were statutory responsibilities of the NMDPRA under the Petroleum Industry Act, while stressing that the National Assembly would continue to exercise oversight over the process.
He disclosed that the regulator had committed to completing and rolling out gas distribution licensing in the fourth quarter of 2026, adding that the committee would monitor the implementation.
“Nigerians deserve a gas market that is open, competitive and safe, and investors deserve rules that are clear and stable,” he said.
The lawmaker reaffirmed the House’s commitment to considering petitions from individuals and organisations with genuine concerns about the petroleum sector, saying “each complaint would be assessed on its merits”.
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