Page 10 - AfrElec Week 48 2020

AfrElec FUELS AfrElec

refinery. Additionally, it will invest heavily in currently signed [up to].”
infrastructure so that it can provide reliable elec- Waltersmith recently commissioned the
tricity supplies and utility services. first phase of the refinery. This unit can process
Abdularazaq Isah, the chairman of Walter- 5,000 barrels per day (bpd) of crude oil and store
smith, said at a ceremony marking the sign- up to 60,000 barrels, and it will produce diesel
ing of the TSA that the project would help fuel fuel, kerosene, naphtha and residual fuel oil for
economic growth in south-eastern Nigeria. He domestic consumption. The company hopes
stated: “Our goal is to create an industrial clus- eventually to raise the plant’s throughput capac-
ter in Ibigwe and help reduce manufacturing ity to 50,000 bpd by building two more units, one
costs, position the south-eastern region as a that can process 25,000 bpd and another that can
major manufacturing hub and take advantage of handle 20,000 bpd. The new facilities will be able
the African Continental Free Trade Agreement to produce gasoline, aviation fuel and LPG.™
[ACFTA], which the Nigerian government has

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GAS-FIRED GENERATION a major gas hub and that the company has Egypt and Japan agree
recently drilled additional new gas wells in
Seplat says Oben gas plant Oben to increase further our production £71.6m Cairo electricity deal
and our ability to meet growing demands.”
is critical for powering The Edo State Governor, in his remarks, Japan’s ambassador to Egypt, Noke Masaki,
has attended the signing ceremony for an
welcomed the Seplat team and commended
Nigeria the Company and its partner NPDC for the agreement that will oversee the upgrading
of the North Cairo Electricity Distribution
significant investment made in the State. He
Edo State Governor Godwin Nogheghase pledged the State Government’s continual Company’s (NCEDC) distribution
Obaseki on Friday, November 20, received support of the Company in its quest to drive management system.
a team of Seplat executives who were on a development in Edo State. He also gave The agreement will also see the
tour to the State Government as well as host assurances of the State’s and communities’ introduction of an advanced metering
communities of the Oben Gas Plant facility continued collaboration with Seplat in infrastructure within the company, a
sited at Oben Field situated in Edo State. providing the enabling environment for the statement says.
Seplat has deepened its business and Company to operate. Egypt’s power sector, which is vitally
investment in energy infrastructure in Oben The Governor expressed his appreciation important for a better quality of life in the
Field with its construction, years ago, of a for the Company’s social programmes. He country due to its fast-growing population
massive state of the art ultra-modern gas plant noted that the goals of educational initiatives and economy, needs improvement and
which today supplies gas to energy companies of Seplat align with that of the State, reinforcing. The Egyptian government has
and industries across Nigeria. The Oben gas which hinges on improving the standard invested in projects that will provide power
plant provides gas that facilitates the provision of education. Obaseki continued: “We are generation and transmission, focusing on its
of over 35% of electricity in the country. focused on education, retooling and resetting power distribution network.
According to Roger Brown, who recently our educational system. In 2016, the Japanese government agreed
assumed office as Seplat’s new Chief Executive Thank you for your quiz programme. to provide a loan of £178.9 million to Egypt in
Officer, it was pertinent to pay courtesy to Our children are now learning because we order to provide funding that will be used to
critical stakeholders who are hosts in these have retooled our educational system in Edo improve the electrical distribution system in
areas where significant gas as well as oil assets State. We would like to work with you on the Alexandria, North Cairo, and the North Delta
are located. teachers’ employment programme because as region.
During his visit to the governor, Seplat a state, we have experimented a lot in terms of Out of this loan, the North Cairo
CEO Godwin Obaseki said Seplat would teachers’ reforms. segment, which represents about £71.6
continue to create value for the federal and I just reviewed the progress we have million, was signed on Monday, November
State governments through the payment made in the three-year teachers’ programme 30, 2020, between the Egyptian Electricity
of royalty, taxes and levies; Communities that we have just introduced in Edo State.” Holding Company (EEHC), Toyota Tsusho
through robust corporate social investments The Governor requested to partner with Corporation (TTC) and Elswedy Electric
especially in capacity development, the Company in the construction of roads T&D.
sustainable community infrastructure projects in some parts of the State. Also, he charged The project aims to improve the efficiency
and economic empowerment programmes. the Company to provide electricity to some of the power distribution network by
Brown reaffirmed that Seplat has continued immediate communities within its operations. upgrading the infrastructure management
to drive up its commitment to increasing SEPLAT PETROLEUM DEVELOPMENT system, while also introducing an advanced
the country’s energy security and boosting meter infrastructure, a statement says.
Nigeria’s gas to power initiative through As a result of this upgrade, electricity
deliberate significant investment in its gas GRID blackouts are expected to reduce by one-fifth,
business. He added: “To date, Oben remains while the collection of electricity charge will

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