The Bayelsa State Government has closed a business deal in the hydrocarbon value chain with the Shell Petroleum Development Company of Nigeria (SPDC) by entering into a gas sale agreement through Bayelsa Development and Investment Corporation (BDIC) for the purpose of power supply to the Kolo Creek Gas Turbine, ThisDay reports.
The Nigerian National Petroleum Corporation (NNPC) delivered a total of 8,362 million standard cubic feet daily (mmscfd) of gas to about 24 gas-fired power plants in 2015, Daily Trust reports. The figures are contained in the corporation’s financial and operations report for 2015. Analysis of the report released recently showed that over 75 per cent of the electricity consumed last year was produced by gas-fired plants. The
The Nigerian government on Tuesday counted its costs in terms of multiple losses suffered in massive disruption to gas and electricity supplies in the wake of last weekend’s attacks on the Nigerian Gas Company’s gas pipeline by suspected Niger Delta militants. Government said the attack on the Escravos Lagos Pipeline System (ELPS) connected to Chevron Nigeria Limited’s gas network at Escravos negatively impacted on the 600 mega watts (MW) Olorunsogo National Integrated Power Plant and other critical power projects in the region.
