NIPCO Gas has, in partnership with the Nigerian National Petroleum Company Gas Marketing Limited, unveiled the Lekki Gas Distribution Project and the Lekki Power Plant.
NIPCO Gas entered into a partnership with the NGML for the supply and distribution of natural gas in the Lekki Gas Distribution Area in June 2022.
Subsequently, the NGML-NIPCO Gas JV executed a Gas Infrastructure and Development Agreement with Lekki Free Zone Development Company in November 2022 to provide natural gas supplies to industries and the power plant.
“We are proud to announce that with the support of NNPC Gas Infrastructure Company, today, 28th August 2024, NGML-NIPCO Gas JV is commissioning the prestigious Lekki Gas Distribution Project and inaugurating the Lekki Power Plant,” NIPCO Gas Managing Director, Nagendra Verma, said at the event held on Wednesday.According to Verma, the infrastructure developed by NGML-NIPCO Gas JV has a capacity of over 100 million standard cubic feet per day.
He noted that the City Gate Station constructed by NGML-NIPCO Gas JV could flow 5mmscfd to 25mmscfd of gas, further extendable to over 100mmscfd.
He added that the Lekki Free Zone has a gas-based power plant of 24 megawatts capacity.
“This milestone marks a significant step towards unlocking and harnessing the nation’s abundant natural gas while the economic development of Nigeria.NGML-NIPCO Gas JV is sure that the infrastructure created is certainly going to attract more and more industries to set up their facilities within and outside LFZDC. The supply of piped natural gas by NGML-NIPCO JV will certainly help in the development of the Lekki Free Zone and Free Zone Enterprise licensed by NEPZA in an exponential manner.
“NIPCO Gas believes that the collaboration between NGML-NIPCO Gas will attract industries to set up their facilities, as Lekki Free Zone has many advantages, like proximity to the seaport, export promotion zone advantages, and improving road connectivity-hence providing better logistics for movement of raw materials or finished goods,” the MD said.
He added that NGML-NIPCO Gas JV has a natural gas distribution network along the Lagos-Ibadan Expressway and supplies gas to industries to meet their energy requirement.
This gas distribution, according to him, is also being extended to Ibadan, Oyo State and Abeokuta, Ogun State presently.
The MD of NGML, Justin Ezeala, commended all who contributed to the success of the projects.Ezeala said he was proud of the NGML team, commending the NNPC for making gas distribution a reality.He described NIPCO as a partner that gave the NGML delight, saying the company had never let him down.
