News

Nigeria to boost power production by 12,000MW with Dangote pipeline

Nigeria to boost power production by 12,000MW with Dangote pipeline
  • Comments   -   Thursday, 14 June 2018 - 17:09

(Ecofin Agency) - In Nigeria, the construction of Dangote group’s subsea gas pipeline is expected to generate additional 12,000 MW to meet demand, a capacity well above the average of 3,000 MW currently produced by national grid.

Dangote group also plans to construct, near its refinery complex, a 570 MW gas-fired power plant whose completion is scheduled for 2019.

“I have made very firm commitment to Nigerians that I must stop the importation of petroleum products by 2019 and I am going to keep to it,” Petroleum Minister Ibe Kachikwu said during a visit to the construction site.

Let’s remind that Nigeria generates 7,000 MW of electricity but can only transport 5,000 MW while demand stands at 12,000 MW. In addition, due to low gas supply and weakness of transmission network the country only delivers 3,000 MW of gas to the population.

Gwladys Johnson Akinocho

African Import-Export Bank (Afreximbank) will approve $500 million in financing to Angola, Samuel...
Read more |  16 July 2018
Islamic Development Bank (IBD) committed CFA170 billion to support rice sector in...
Read more |  16 July 2018
Saudi Arabia announces it would invest $10 billion in South Africa. According to...
Read more |  13 July 2018
The Egyptian government awards German Siemens an operation and maintenance contract for...
Read more |  13 July 2018
Senegal’s civil society partnered with the national anti-graft committee (OFNAC) to organize...
Read more |  13 July 2018
The Kenyan government gave the green light to India-based Maharashtra Hybrid Seeds...
Read more |  13 July 2018
The African Development Bank (AfDB) approved July 11 an additional $10 million in...
Read more |  13 July 2018
African Import-Export Bank (Afreximbank) will approve $500 million in financing to Angola, Samuel...
Read more |  16 July 2018
Islamic Development Bank (IBD) committed CFA170 billion to support rice sector in...
Read more |  16 July 2018
Saudi Arabia announces it would invest $10 billion in South Africa. According to...
Read more |  13 July 2018
The Egyptian government awards German Siemens an operation and maintenance contract for...
Read more |  13 July 2018
Senegal’s civil society partnered with the national anti-graft committee (OFNAC) to organize...
Read more |  13 July 2018
The Kenyan government gave the green light to India-based Maharashtra Hybrid Seeds...
Read more |  13 July 2018
The African Development Bank (AfDB) approved July 11 an additional $10 million in...
Read more |  13 July 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.