17 January 2018, Sweetcrude, Lagos – Axxela Limited has been qualified to supply gas through the West African Gas Pipeline across the West African region.
The company’s qualification followed an extensive due diligence conducted by the West African Gas Pipeline Company, WAPCo, and approval by the West African Gas Pipeline Authority, WAGPA.
Axxela’s new shipper status marks a significant milestone in the company’s decade-plus business development activities within the region.
The WAGP is a 678 kilometre pipeline that connects the existing Escravos-Lagos Pipeline System, ELPS, from Itoki, Nigeria, extending along the West African coast, and terminating in Takoradi, Ghana. The pipeline has gas delivery laterals from the main line extending into Benin, Togo, and Ghana.
With its newly acquired shipper status, Axxela will extend its gas advantage to identified customers in the neighbouring West African countries with a target to deliver over 100 million standard cubic feet per day via the pipeline to fuel power plants, commercial entities and residential homes.
Chief Executive Officer of Axxela, Bolaji Osunsanya, said: “This is a significant achievement in the vista of our operations and speaks to our position as pioneers in the industry.
“As WAGP shippers, we expect to monetise gas resources in the West African region, increase the throughput on the WAGP, and thereby reduce the applicable unit transportation tariff.
“Axxela is committed to providing cleaner and cost-effective fuel for power generation to spur industrial growth and economic empowerment across the sub-region.”
