Posted by Grand News | 22 November 2018 | 765 times
Greenville Oil and Gas Limited has inaugurated a $500 million Liquified Natural Gas (LNG) Plant in a bid to assist the country boost its electricity generation and supply.
Speaking at the inauguration of the project in Rumuji, Rivers State, the Managing Director of the company, Ritu Sahajwalla, said the coming on stream of the LNG plant would go a long way in resolving the country’s power sector crisis.
Sahajwalla explained that part of the problems causing poor electricity supply to consumers in Nigeria was the rot in infrastructure, especially the pipelines conveying gas to some of the thermal power plants in the country.
She explained that the absence of functional gas pipelines in Nigeria had made it difficult to convey stranded power to thermal plants.
Sahajwalla added that such stranded power are available in West, North and Eastern parts of the country, giving assurance that the LNG produced by her company would help bridge the gap.
And to achieve the initiative, she said Greenville has procured about 100 trucks that would convey produced LNG from its plants to power plants across the country and to other end users in need of the product.
The Greenville boss disclosed that each LNG truck has the capacity to generate about five megawatts of electricity which would go a long way in addressing the country’s power deficit.
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