From L-R:
John Woodruffe, Deputy Director of Department for International Trade with
Deepak Khilnani, Chairman of Cummins Cogeneration Nigeria at the Energy
Sustainability& Security Event, in Lagos recently.
Powergas,
Nigeria’s largest Compressed Natural Gas (CNG) producer, has further expanded
its market offering to include natural gas storage at power plants and
industrial sites.
Powergas
installs high-pressure gas tanks on site so that if there is a disruption in
the pipeline gas supply, power plants can still operate on natural gas. This
solution ensures continuous export of power and significant financial savings
as producers will no longer need to operate diesel generators.
Speaking on
the Nigerian power situation, Mr. Deepak Khilnani, CEO of Powergas Africa,
stated
“Powergas
continues to innovate in the challenging market environment. We see huge
potential in gas storage for customers who are both connected to pipeline as a
standby offering as well for stranded customers who can use CNG for continuous
operations.”
“Even in
developed markets such as the UK where the pipeline infrastructure was
developed 100 years ago, there is demand for CNG – the pipeline can’t go
everywhere! The ‘virtual pipeline’ is an essential bridge to grow the natural
gas market in Nigeria,” said Mr. Deepak Khilnani.
Following
the recent hike in diesel prices, many manufacturers and housing estates are
further switching to natural gas, which is both significantly cheaper and cleaner
than diesel.
Natural gas
is approximately one third the price of diesel in Nigeria today and gas
emissions are approximately just 10% of diesel emissions. It is truly a win-win
solution.
Moreover,
Nigeria has abundant natural gas resources – the ninth largest reserves in the
world and the largest in Africa. Developing the infrastructure to transport the
natural gas to power plants across the country will create high value
employment, significantly improve electrification rates across Nigeria and reduce
the cost of power.
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