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1,029MW Stranded Due To Gas Shortage, Unpaid Invoices

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Eight of the power plants on the national grid suffered gas constraints on Wednesday amid concerns by gas producers over unpaid invoices in the Nigerian electricity supply industry.
A total of 1,029.80 megawatts of generation capacity was idle as of Wednesday morning due to gas constraints.
The nation’s total unutilised electricity generation capacity stood at 2,119.8 MW as of 6am on Monday, with low load demand by the distribution companies and water management stalling the generation of 1,090 MW.
The power plants affected by gas constraints, according to data obtained from the Nigerian Electricity System Operator, included Omotosho I , Olorunsogo I, Omoku , Afam VI , and Geregu II (NIPP), Omotosho II (NIPP), Gbarain NIPP and Trans- Amadi.
Total power generation in the country stood at 4,775.8 MW as of 6 am on Wednesday , compared to 4,755.8 MW on Tuesday.
The Oil Producers Trade Section (OPTS), comprising international and local operators in the Nigerian oil and gas industry, decried last Thursday the unpaid gas invoices in the power sector.
In its presentation at the international conference of the Nigeria Gas Association , the OPTS said, “ We must of a necessity repay all outstanding gas invoice arrears. Some companies are being owed as far back as 2015 -2016 . This is not sustainable; we must be able to get assurance that when we produce the gas, we will get paid for it.
“So , we must of a necessity quickly settle all outstanding debts and make sure that we establish bankable credit support that will make the gas business to grow so that investors can develop more gas resources”.

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