Power Plants in Nigeria
The development of power plants in Nigeria is what I will be bringing up for today’s blog post. Power plants in Nigeria are critical if the country wants to conquer its quest to better its power supply. Lets get straight into what is happening in the country.
Power supply across Africa relies on the construction of power plants. Without power plants there can be power production. Seven Energy is Nigeria’s leading gas processing companies and has just started negotiations with 10 power plants regarding the likelihood of supplying gas as a means to significantly increase current generation productivity.
A gas sale agreement has already been established with Akwa Ibom Power Plant, while Seven Energy is in the midst of developing infrastructure to spread supply to neighbouring cities such as Calabar, Port Harcourt, and Aba.
Subsequently, sub-Saharan Africa’s major gas processing plant has been construcyed and implemented by Seven Energy, and a 200-kilometers gas pipeline has additionally been constructed. It was formally disclosed that the processing plant has the power to “process 220 million standard cubic feet of gas DAILY!
Eliminating redundancy in gas supply and enhancing the efficiency of power plants in Nigeria is a core focus of Seven Energy. Most power plants in Nigeria are gas-driven, given its abundant reserves.
It is known that Seven Energy has invested roughly $800 million in developing gas infrastructures for the development of power plants in Nigeria.
The further development of power plants in Nigeria has posed a few challenges and these are:
- Gas shortage, amongst other challenges such as
- dilapidated infrastructure and
- low maintenance
These obstacles are said to have hindered the true development of power plants in Nigeria resulting in a slow quest to improve power supply.
I would just like to end off today’s with article with the following…
Not only is Africa comprised of the most beautiful landscape, people and diversity, but also, more so than ever Africa’s investment space has continued to thrive for quite some time now. African nations have been successfully luring foreign as well as domestic investors seeking high yields and a fresh market reach. Initiated by private sector-led deals, Southern Africa and Northern Africa have enjoyed the most investment activities, specifically in the manufacturing, power, and financials industries.
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