The energy company has been praised by the Nigerian government for its significant investment in domestic gas supply, powering 20% of the nation’s thermal energy.
[dropcap]T[/dropcap]he Federal Government of Nigeria has praised Savannah Energy, a British independent energy company, for its significant contributions to the country’s energy sector.
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Savannah Energy, known for delivering impactful energy projects, has been recognised for its role in enhancing domestic gas supply.
This commendation came from the Honourable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, during his visit to the Uquo Gas Central Processing Facility in Akwa Ibom State. The facility is owned by Accugas Limited, a subsidiary of Savannah Energy.
During the visit, Ekpo highlighted Savannah’s pivotal role in supporting Nigeria’s thermal power generation, stating that the company’s investment has helped supply gas that powers approximately 20% of Nigeria’s thermal energy needs.
He encouraged Savannah to sustain its efforts, noting that the company’s impact on the energy landscape aligns with the government’s broader energy goals.
Ekpo emphasised the importance of gas in driving Nigeria’s economic growth. He stated that President Bola Tinubu is committed to leveraging the gas sector as a key driver of the economy, pointing out the strategic vision behind the “Decade of Gas” initiative.
He remarked, “The President is very intentional and strategic about developing the gas sector to drive the economy of this nation. We know that if the economy of Nigeria is driven by gas, it will make things easier and that is the target of the ‘Decade of Gas’ initiative.
Our target is to make sure that by 2030, the Nigerian economy will be driven by gas.”
Pade Durotoye, Managing Director of Savannah Energy Nigeria, accompanied the Honourable Minister on the tour of the Uquo facility.
Durotoye revealed that Accugas Limited has invested over US$1.6 billion since 2014 in gas processing and transportation infrastructure to support the domestic market.
He also announced that an additional US$45 million is being invested in a new compression system at Uquo, designed to improve gas export pressure and ensure a reliable gas supply for years to come.
The system, with two parallel trains capable of handling 160 million standard cubic feet per day (MMscfpd), is expected to be operational later this year.
Durotoye also reiterated Savannah’s commitment to supporting the Federal Government’s initiative to adopt natural gas as a transition fuel in Nigeria’s journey towards net-zero emissions.
He explained that Accugas has built a gas processing facility with a nameplate capacity of 200 MMscfpd and a 260km pipeline network exclusively for the domestic market.
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He added that 80% of Savannah’s gas is sold to thermal power companies, while the remaining 20% is supplied to large industrial customers, such as cement producers, contributing to 10% of Nigeria’s cement production.
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