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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

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