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Shell signs gas supply and aggregation agreement for Aba Integrated Power Project (IPP)
The Shell Petroleum Development Company of Nigeria Limited (SPDC) recently signed an agreement with Geometric Power Aba Limited (GP) and Gas Aggregation Company of Nigeria (GACN). The gas supply and aggregation agreement will enable GP and GACN to support the 140 Megawatts Aba Integrated Power Project (IPP) in Abia State, Nigeria.
The agreement states that Shell will supply gas to the power producer Geometric Power Aba Limited. The supply will be from a joint venture gas plant in Imo state through an already existing gas pipeline network.
This initiative shows the commitment of SPDC towards the industrialization of Nigeria through gas. Shell always been in the forefront in the campaign for the monetization of Nigeria’s abundant gas reserves. This is certainly an encouragement to see that other industry players are also keying to this idea.
Growing the gas market will not only increase earnings for the country but it will also help improve lives.
Also the Aba Integrated Power Project (IPP) will serve as a stimulus for the economic growth of the Aba market. Already Aba is perceived as the Japan of Nigeria boasting of many industries in various sectors.
The Aba IPP includes a 141 MW gas-fired power plant, a 27km gas pipeline, and also a distribution utility. It is also the first independent and integrated power utility in Nigeria.
The design of the facility enable it to generate and distribute its own electricity.