Two gas and power projects launch in Rivers State, supporting Nigeria’s gas transition. The 12mcf gas plant and 20MW power plant in Otakikpo align with the FG’s gas monetization goals. Green Energy’s Chairman, Prof. Adegbulugbe, links the projects to the World Bank’s Gas Flares Reduction initiative.Prof. Adegbulugbe highlighted the project’s goal of eliminating gas flares while monetizing associated gas for domestic use and power generation.
Awarded to Green Energy in 2014, the project faced a 20-month COVID-19 delay but rebounded, costing over $60 million. He praised the 100% Nigerian team, including many from the Niger Delta, for executing the project.
Green Energy’s workforce is led by top professionals, with strong support from technical partner Lekoil. CEO Olalekan Akinyanmi praised their shared vision, calling the Otakikpo LPG Plant and 20MW Gas-to-Power Project a milestone for Nigeria’s energy future. He emphasized their commitment to unlocking gas potential and driving economic growth through reliable power generation.Lekoil’s CEO praised the partnership’s success in delivering innovative energy solutions.
Local communities welcomed the project, hoping to benefit from surplus electricity. Ikuru Town’s Prof. Gilbert called it both an investment and a development boost.Ikuru Town leaders praised the project and hoped for electricity as part of CSR efforts.Minister Ekperikpe Ekpo called the gas projects key to Nigeria’s energy transition, commending the Green Energy-Lekoil JV.
He emphasized Nigeria’s vast gas reserves and Tinubu’s mandate to develop the sector.Minister Ekpo praised Tinubu’s focus on gas development and the JV’s compliance with the Petroleum Industry Act.He highlighted the 20MW gas power plant’s role in supporting field operations and providing excess power to local industries and communities.
Minister Ekpo praised local youths for their peaceful support and expressed confidence in the project’s economic impact.Chief Gad Harry, speaking for host communities, emphasized their long-standing request for electricity. He welcomed progress, noting that power supply would boost commerce and job opportunities.
