FEDERAL Government’s efforts to sustain the existing improvement in power supply received a boost at the weekend with the unveiling of the Oredo Integrated Gas Handling Facility (IGHF) by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke.
It was at the Nigerian Petroleum Development Company (NPDC) operated Oredo field in Edo State.
The facility which currently supplies 65 Million Metric Standard Cubic Feet per Day (MMscfd) has ramped up NPDC’s total gas production to a record level of 400MMscfd with projected growth to 600MMscfd by year end is envisaged to significantly enhance the Federal Government’s power supply drive.
At the ceremony, Mrs. Alison-Madueke noted that the project was in line with the ongoing reform process in the industry designed to vigorously ensure the monetisation of the nation’s gas endowment through gas-to-power and other gas-related industrialisation.
However, the Federal Government has threatened to revoke the contract for the 132KV power sub-station in Umuahia, Abia State if the contractor handling the project which was awarded to Valence Nig. fails to rectify a fault with one of the transformers meant for the facility.
No comments:
Post a Comment