Oando Hold's 31st Annual General Meeting EHSQ ... - Oando PLC
Oando Hold's 31st Annual General Meeting EHSQ ... - Oando PLC
Oando Hold's 31st Annual General Meeting EHSQ ... - Oando PLC
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Gas & Power<br />
<strong>Oando</strong> Gas & Power Takes Gas to Tincan Island<br />
Industries on the Tincan Island,<br />
Lagos are now positioned to<br />
access natural gas as Gaslink<br />
Nigeria Limited - a subsidiary of<br />
<strong>Oando</strong> Gas and Power (OG & P)<br />
announces the completion of gas<br />
pipeline expansion through the<br />
Liverpool River to the area.<br />
The completion of the new pipeline<br />
section as an addition to the existing<br />
infrastructure has resulted in a gas<br />
pipeline coverage of all the major<br />
industrial areas of Lagos State, with<br />
a total pipeline network of 99.4km.<br />
The expansion has now made gas<br />
available to the following areas:<br />
• Ojota, Maryland<br />
• Obanikoro<br />
• Iganmu, Alaka<br />
• Wharf, Apapa, and<br />
• Amuwo Odofin<br />
Ikeja and its environs have been<br />
connected since 2001.<br />
The expansion is expected to help<br />
cut expenditure on power supply<br />
by 50% for businesses in the<br />
industrial area.<br />
Meanwhile, the integrity of the<br />
pipelines has been subjected to the<br />
rigorous hydrostatic test as required<br />
by the industry safety standards.<br />
The successful conduct of the test<br />
has therefore affirmed that the new<br />
pipelines were constructed in<br />
conformity to international standards<br />
and has surpassed the highest<br />
safety standards for inhabitants and<br />
properties around the facilities.<br />
Commenting on this event, Mr. Bolaji<br />
Osunsanya states; “We have taken<br />
steps to make gas available to<br />
industries on the Tincan Island. And<br />
we have tested the integrity of the<br />
infrastructure for safety of all in the<br />
areas. This is a demonstration of our<br />
commitment to take leading role in<br />
building the infrastructure for piping<br />
gas to Nigerian industries”.<br />
The gas pipeline network is used for<br />
the transportation of natural gas, a<br />
safer and cleaner substitute for<br />
gasoline (petrol), diesel, or propane<br />
fuel to industrial users within the<br />
Ungoing laying of the gas pipes in Apapa by OG & P contractor<br />
state. The construction of the<br />
expansion project which<br />
commenced in May 2007 will<br />
deliver 1.809 million standard cubic<br />
feet (mmscf/d) of natural gas per<br />
day to the Apapa industrial area.<br />
The completion of the new pipeline<br />
section as an addition to the existing<br />
infrastructure has resulted in a gas<br />
pipeline coverage of all the major<br />
industrial areas of Lagos State, with<br />
a total pipeline network of 99.4km.<br />
In the near future, <strong>Oando</strong> Gas and<br />
Power plans to extend its business<br />
beyond Lagos State, to other parts<br />
of Nigeria and indeed, West Africa.<br />
Preliminary work has already<br />
reached various stages while further<br />
positioning itself as the preferred<br />
Local Distribution Company (LDC)<br />
for the West African Gas Pipeline<br />
(WAGP) that will transport natural gas<br />
from Nigeria to Ghana, Togo and<br />
Benin.<br />
<strong>Oando</strong> Gas and Power Supports the Lagos<br />
Economic Summit<br />
(L-R) Wale Tinubu, GCE, <strong>Oando</strong> <strong>PLC</strong>, Adeyemi Kuforiji, Speaker, Lagos House of Assembly and<br />
Sarah Sosan, Deputy Governor, Lagos State<br />
<strong>Oando</strong> Gas and Power<br />
was amongst the<br />
sponsors of the 4 th<br />
Lagos Economic Summit with<br />
the theme “Transforming Lagos<br />
into Africa’s Model Megacity”.<br />
The forum was to present a<br />
forum for government to identify<br />
and engage with prospective<br />
solution providers and investors<br />
who can assist the government<br />
in its goals to make Lagos<br />
Africa’s model city.”<br />
As part of the State’s framework<br />
for development planning, the<br />
Summit is intended to provide a<br />
platform for sharing knowledge<br />
and experiences about solutions<br />
to the challenges that confront<br />
the State. It will also be an<br />
(L) Babatunde Raji Fashola, Executive Governor, Lagos State and Akintola Williams, Renowned Accountant<br />
(R) with other guests at the summit<br />
occasion to identify and form<br />
partnerships with other cities,<br />
prospective solution providers<br />
and investors who can<br />
contribute towards the<br />
sustainable development<br />
of Lagos as a Mega-City.<br />
<strong>Oando</strong> Gas and Power was ably<br />
represented by the Group Chief<br />
Executive, <strong>Oando</strong> <strong>PLC</strong> who<br />
enumerated the short term and<br />
long term plans of Gaslink in<br />
providing gas for industrial<br />
customers with the Greater<br />
Lagos Area as well as building<br />
Independent Power Plants to<br />
power water projects in Lagos<br />
State.<br />
95 <strong>Oando</strong>News