Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Firm to use marginal field gas for power generation

    Firm to use marginal field gas for power generation

    January 15, 2017
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Power transmission sub-station.

    15 January 2017, Lagos – Green Energy International Limited has said it will utilise gas produced from its Otakikpo Marginal Field in Oil Mining Lease 11, Rivers State, for power generation and domestic gas production.

     According to GEIL, the marginal field, which is gradually moving towards production, will provide the required fuel for six megawatts generators that will supply uninterrupted electricity to indigenes of Ikuru town and adjoining communities of Ayama Ekede, Ugama Ekede, Asuk Ama and Asuk Oyet.

    It stated that the project was expected to boost the economy of the fishing communities and was being carried out in the state together with GEIL’s technical partner, Lekoil.

    The gas producer said the project would encourage the communities to establish an industrial park where companies could leverage the uninterrupted electricity in the area, adding that the total initial cost of the scheme was in excess of N2bn.

    The Director of Sustainable Development at GEIL, Mr. Ayo Olojede, said the company had started processing application with the industry regulator for the installation of gas processing facility to extract the Liquefied Petroleum Gas and condensate from wet associated gas in the Otakikpo wells.

    • Punch

    Related News

    China pushes ahead in battery technology race

    Africa’s solar boom: What businesses must do now to reap the benefits

    Otti to acquire EEDC assets in Abia power expansion plan

    E-book
    Resilience Exhibition

    Latest News

    Nigeria advocates for global financial reform at 2025 UN Meetings

    May 9, 2025

    China pushes ahead in battery technology race

    May 9, 2025

    Gold rose amid geopolitical risks, investors await trade developments

    May 9, 2025

    Despite NPA’s intervention, export cargoes still stock at EPTs for days

    May 9, 2025

    Nigeria recommits to fostering enabling environment for inclusive prosperity

    May 8, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.