Oil & Energy
NCDMB, To Partner Firm On Modular Refinery Construction
The Nigerian Content Development and Monitoring Board (NCDMB), has disclosed that it will partner Waltersmith Petroleum Ltd. to construct a modular refinery in Brass Island in Bayelsa.
The Executive Secretary of the board, Mr. Simbi Wabote, made the disclosure over the weekend at the commissioning of a modular science laboratory at Model Government Secondary School, Twon Brass and an Information Communication Technology (ICT) Centre at Government Secondary School Okpoama, both in Brass Local Government Area of the state.
According to him, a number of investment opportunities were being considered by NCDMB for Brass Island.
“They include siting a modular refinery in partnership with Waltersmith Petroleum Ltd. and utilising feed stock from the Nigerian Agip Oil Company, which operates in the location.
“It is also a veritable location for even a dry dock facility or a floating dock facility. NCDMB is currently studying a strategy for establishing and enhancing all the existing dry dock facilities to maintain our ships, light crafts and also expand our integration base in the country,” he said.
He noted that the Island as a strategic location had the closest point from where one could access many of the Floating Production Storage and Offloading (FPSO) platforms that operate off the shores of Nigerian waters, including Bonga main.
Wabote said that some of the offshore oil and gas fields were currently being accessed from far locations like Lagos, with considerable cost implications.
He said that developing and utilising nearby locations like Brass Island for oil and gas logistics operations would help the industry meet the recent charge by the Minister of State for Petroleum Resources for players in the industry to ensure a significant reduction in the cost per barrel of Nigeria’s crude oil production.
“Part of the strategy is to site logistics requirements where it is easy to access, reducing time, fuel consumption and improving Turn Around Maintenance (TAM) time.
“A serious study is going on currently to see the things that would be possible on the Island of Brass in order to bring down our cost of production,” he added.
Commenting on the donation of a laboratory and ICT Centre to the secondary schools in Brass, he said that it was part of effort to build capacity of Nigeria, which was in line with the mandate of the board.
“Capacity building is one of NCDMB’s key objectives and the agency had decided to promote such efforts from the primary school level up to the university level.
“So far, NCDMB had donated 25 ICT centres to secondary schools across the country and built the capacity of teachers in some states as part of its capacity building and corporate social responsibility programmes,” he said.
On strategies for maintaining the centres, Wabote explained that NCDMB had instituted a sustainability programme, which includes a one year management arrangement and training of staff and locals to operate the centres.
He assured that NCDMB would run periodic assessments of the facilities and develop new strategies to sustain them.
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Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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