Mozambique: Total Restarts LNG Project Under New Security Deal
French multinational oil and gas firm, Total intends to resume work at the Mozambique LNG site after the government has provided assurances of improved security.
The company demobilised workers following various security incidents in December 2020.
These culminated in an attack at the edge of the Afungi LNG Park, home of the two train 13.1 million tonne per year project.
Total said it had been working with the Mozambique government on an action plan.
This has the aim of “reinforcing, in a sustained manner, the security of the Afungi site and of the surrounding area and neighbouring villages”.
As such, the Mozambique government has established a 25 km perimeter around the Mozambique LNG site, defining this as a “special security area”.
It has created a roadmap to improve security. This includes reinforcing security infrastructure and strengthening public security forces, Total said.
As a result, the company has begun a gradual remobilisation of the project workforce and resumption of construction. Community development programmes have also resumed.
Total and Mozambique signed a memorandum of understanding (MoU) in July 2020. Under this agreement, the Ministry of Defence and the Interior provides security forces for the area, including the special security area.
Mozambique has given commitments that its forces working to secure Mozambique LNG will act according to the Voluntary Principles on Security and Human Rights (VPSHR) and international human rights standards, Total said.
Mozambique LNG does not use any armed security providers itself, it said.
Amnesty International has raised concerns in a recent report around war crimes in the northern Cabo Delgado Province.
Dyck Advisory Group (DAG) appears to have lost its contract for work in Mozambique.
Total also noted that it had satisfied all conditions around its project financing, agreed in July 2020. It will take a first drawdown of cash at the beginning of this April.
The French company said it remained committed to delivering a first LNG cargo from the Mozambique project in 2024.
Offshore Oil & Gas Spending Set To Jump To $44 Billion In 2021
After last year’s lowest spending on new field developments in 30 years, the offshore oil and gas sector is set to significantly increase capital expenditures this year to around US$44 billion, according to Westwood Global Energy Group.
Offshore upstream oil and gas spending is expected to surge to around US$44 billion this year, compared to just US$12.3 billion worth of engineering, procurement, and construction (EPC) contracts awarded in 2020. In 2019, before the pandemic hit oil demand and prices, the EPC contracts in the offshore oil and gas industry were around US$40 billion.
“In 2021, we will see a significant uptick in activity,” Thom Payne, Head of Offshore at Westwood Global Energy Group said at Riviera Maritime Media’s Annual Offshore Support Journal virtual conference and exhibition on Wednesday.
Most of this year’s capital expenditure and the biggest EPC contracts will go to major natural gas projects offshore Australia and deepwater oil project developments offshore South America.
The major increase in 2021, part of which will come from the deferred spend in 2020, will also help the offshore rig and support vessel markets this year, Payne said at the conference.
Last month, Payne wrote in an analysis that offshore investment is set for a rapid rebound this year, driven by deferred projects from 2020 and a “resurgent Petrobras.”
Last year, offshore investment slumped to the lowest in more than 30 years as companies slashed capex by 30 percent on average and postponed or stalled as much as US$54 billion of 2020 offshore EPC contract awards, Payne said.
Offshore oil has already started to show signs of emerging from last year’s crisis, as costs have been slashed since the previous downturn of 2015-2016. Deepwater oil breakevens have dropped to below those of U.S. shale supply, making deepwater one of the cheapest new sources of oil supply globally, Rystad Energy said last year.
According to the energy research firm, operators are expected to commit to developing a record number of offshore oil and gas projects over the next five years, with deepwater projects set for the most impressive growth.
Source:Oilprice.com
Ghana: Oil Cash Will Benefit Ghanaians – Akufo-Addo
Ghana’s president Nana Akufo-Addo says his administration is committed to ensuring that the country’s petroleum revenues are well managed for the benefit of Ghanaians.
He said government was determined to leverage the country’s hydrocarbon resources for the economic transformation of Ghana.
President Akufo-Addo gave the assurance while delivering a speech at the launch of the 10th anniversary celebration of the Public Interest and Accountability Committee (PIAC) in Accra on Wednesday.
PIAC, established in 2011, is an independent statutory body mandated to promote transparency and accountability in the management of petroleum revenues in Ghana. The anniversary celebration will be observed on the theme: “Strengthening Citizens Ownership and Understanding of PIAC and its Oversight of Petroleum Revenue Management”.
Congratulating PIAC on its decade of existence, President Akufo-Addo noted that the statutory body since its inception had lived up to its mandate as set out in the Petroleum Revenue Management Act (PRMA), 2011 (Act 815), and applauded it for performing its functions creditably and successfully.
Ghana: Upstream Petroleum Chamber Declare Support For New Energy MinisterAccording to him, although relations between the PIAC and government had sometimes been stormy in the past, his administration since 2017 had largely enjoyed cordial and fruitful interaction with the body, resulting in the prudent use of Ghana’s petroleum revenues for the welfare and benefit of Ghanaians. The President reiterated on government’s commitment to supporting the PIAC to ensure the efficient management of petroleum revenues for sustainable development, assuring that all budgetary allocation made to the body would be forthcoming and on time to enable it to fulfil its mandate. He however drew attention to the delay in transmission of information between the PIAC and the Ministry of Finance, resulting in distortions in deadline schedules of reporting obligations of the two institutions, which sometimes stoked needless controversy, and suggested an amendment of the relevant provisions in the Petroleum Revenue Management Act to resolve the situation. Source: www.energynewsafrica.com
Ghana: Sunon Asogli Power Ghana Ltd. Gifts Ghana US$250 Million
Ghana’s new Minister for Energy, Dr Matthew Opoku Prempeh, on Tuesday, received a delegation from Sunon Asogli Power Ghana Ltd, Ghana’s largest independent power generation company at the Ministry of Energy.
The six-member delegation was led by Togbe Afede XIV, co-founder of the company and Chairman of Sunon Asogli Power Ghana Ltd, Mr Yang Qun.
The purpose of their visit was to formally welcome the new Energy Minister into the country’s energy sector and also brief him on the company’s profile and its operations in Ghana as well as its future plans.
Established in 2007 by Shenzhen Energy Group Co., Ltd, as a joint venture, Sunon Asogli Power has been a longstanding partner in delivering energy in the Republic of Ghana with its 560MW plant.
Currently, the company holds 15 percent market share of the total power generation transmitted onto the national grid.
Although the company has signed Take-or-Pay agreement with Ghana’s electricity off taker, ECG, the company has not invoiced the ECG for idle capacity charges since 2010 when it started operations.
Energynewsafrica.com understands that this idle capacity charges has accumulated to about $250 million. However, the company has no intension of asking ECG and, for that matter Ghana to pay this quantum of money.
Recently, Asogli announced plans to undertake phase III expansion of its current plant and the company is considering two options with the first option being an addition of 360MW while the second option will add 508MW.
It also plans to make huge investments in the area of wind, solar and waste-to-energy in line with the Government of Ghana’s agenda to increase renewable energy penetration in the country’s energy mix.
The sector Minister, who described these initiatives as interesting, assured Asogli of the Ministry of Energy’s preparedness to look into the company’s expansion plans and discussed the way forward accordingly.
Source:www.energynewsafrica.com
It also plans to make huge investments in the area of wind, solar and waste-to-energy in line with the Government of Ghana’s agenda to increase renewable energy penetration in the country’s energy mix.
The sector Minister, who described these initiatives as interesting, assured Asogli of the Ministry of Energy’s preparedness to look into the company’s expansion plans and discussed the way forward accordingly.
Source:www.energynewsafrica.com
Nigeria To Complete US$1.5 Billion Port Harcourt Refinery Rehabilitation Works In 18 Months
Nigeria is expected to complete the rehabilitation of its Port Harcourt refinery and begin production in about 18 months, Mele Kyari, Group Managing Director of Nigerian National Petroleum Corporation (NNPC), has said.
The Federal Executive Council (FEC), last Wednesday, approved a sum of $1.5 billion for the rehabilitation of Port Harcourt refinery in Rivers State.
The repair, which will be executed by Tecnimont SPA, an Italian company, will be done in three phases of 18, 24 and 44 months.
Mr Kyari who was reacting to controversies around the recent approval for the project said the exercise would include a complete rehabilitation and not turnaround maintenance of the refinery.
He said major components of the refinery would be replaced as the contractor executes the repair in phases.
The NNPC MD said the refinery would begin production of gas after 18 months of repair.
“We are not doing turnaround maintenance. We are doing rehabilitation of the refinery, and it is very different. It means that we are replacing certain major components,” he said.
“We are introducing some items that ordinarily we won’t need to do in turnaround maintenance, and there are major shifts in the status of the plant that we have to do and it is not done during turnaround maintenance.
“During rehabilitation, by the 18th month, part of this plant will begin to produce particularly the gasoline plants. In rehabilitation, we normally don’t shut down the plant completely; we repair a segment of it, and then it starts working, and then, you move to the next segment.
“You continue to scale up and that is why within the four-year period, the contractor would have completely left your premises. What it means in a technical sense is that in 18 months, we will see production coming from that plant. We will follow it plant by plant until we are completely done.”
Mr Kyari said process of rehabilitation started about 10 years ago but was slowed down due to a number of mistakes.
He said the Federal Government resorted to partly fund the project through borrowings in order to ensure compliance with required conditions.
“This process started 10 years ago and a number of mistakes happened, leading to the enormous delay we have seen in this process because there were a lot of interferences in the past but these are gone,” he said.
He said Afreximbank has promised a US$500 million loan in the first instance and an additional US$500 million, making it US$1 billion, and the condition is for the loans to be repaid from the operations and proceeds of this plant.
Source:www.energynewsafrica.com
Ghana: VRA Reintegrates Students, Staff Of AIS Who Tested Positive For Covid-19 After Successful Treatment
Ghana’s largest state power generation company, Volta River Authority (VRA), managers of the Akosombo International School, has reintegrated staff and students of the school, who tested positive for Covid-17 after undergoing successful treatment and tested negative.
In a statement, VRA said it had brought the outbreak of covid-19 in the school under control without recording any fatality.
“Upon the resumption of school for this academic year, AIS recorded a covid-19 case. Following the incident, management of VRA requested mass Covid-19 screening and contact tracing which were immediately carried out by the VRA Health Services Limited and the Authority’s Covid-19 Taskforce.
“All who tested positive were stabilised and kept in isolation for further management and treatment by our health staff, while those who tested negative were advised to continue with strict adherence to all Covid-19 safety protocols.
“We are happy to inform the general public that as at the date of this publication, all staff and students who initially tested positive had tested negative upon repeat tests. All recovered students were counseled and re-integrated into the school,” the Authority said.
“In line with our protocols, the first year students have also reported to school with negative Covid-19 text results,” the statement added.
The VRA re-assured parents and the general public that precautionary measures such as temperature checks, social distancing, hand washing, sanitizing and shift system for students are being fully enforced.
Source: www.energynewsafrica.com
Ghana: Fisheries Minister Pays Working Visit To Tema Oil Refinery; Assures Of Continued Supply Of Pre-mix Fuel
Ghana’s new Minister for Fisheries and Aquaculture Development, Hon. Hawa Koomson, has commended Tema Oil Refinery (TOR) for their role in ensuring that there is uninterrupted supply of premix fuel to all landing beaches in the West African nation.
According to the Minister, the steady supply of premix fuel for fisherfolks in the country remains a topmost priority of her ministry.
Hon. Hawa Koomson, thus, assured Ghanaians that her ministry would collaborate with Tema Oil Refinery (TOR) and the Premix Secretariat as well as other stakeholders to ensure the steady availability of premix fuel to ensure productivity in the country.
The Minister made these remarks during her familiarisation visit to TOR, the first state-owned enterprise to be visited by the Minister since she assumed office in March 2021.
The visit offered the minster the opportunity to interact and gather useful information on the processing and distribution of the commodity and the strategic role played by TOR.
The Minister toured parts of the refinery including its loading gantry where premix fuel and other products are lifted by clients through BRVs.
The Managing Director of TOR, Mr Francis A.T Boateng expressed his appreciation to the Minister for choosing Tema Oil Refinery as the first SOE to visit, weeks after the Energy Minister had also paid a working visit to the refinery.
“The familiarisation visits by both the Minister of Energy some weeks ago, and now the Minister for Fisheries and Aquaculture, have shown that Tema Oil Refinery (TOR) remains an important national asset that contributes to both energy security and national development.”
Mr Boateng expressed willingness on the part of the refinery to cooperate with the Ministry of Fisheries and Aquaculture to realise the ministry’s goal of ensuring uninterrupted supply of premix fuel in the country.
The Distribution Manager for TOR, Madam Rosina Fiagbe stated that on the average, TOR is able to load about thirty-seven to forty trucks of 13,500 liters of premix fuel daily.
She said the refinery considers increasing the quantities to about 50 trucks whenever there is upsurge in demand.
She explained that allocation of premix fuel is carried out by the Premix Secretariat while TOR works with the allocation to release the product through its loading gantry.
Source: www.energynewsafrica.com
AECF Launches US$1.2 Million Innovation Fund To Unearth Emerging Technologies
The African Enterprise Challenge Fund (AECF) has launched a US$1.2 million Innovation Fund to unlock the potential of renewable energy to create new business opportunities.
Businesses and entrepreneurs in Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, and Zimbabwe can apply for funding.
The fund is aimed at strengthening market readiness of emerging innovations, as well as secures financial, technical, and networking support for taking existing proven prototypes to scale.
Solutions that reduce the negative impacts associated with the use of traditional cooking options at the household and institutional levels, build climate change resilience among communities and support productive uses such as water pumping, agro-processing, cooling, and refrigeration services are examples that the Fund seeks to support.
In applying, businesses and entrepreneurs will need to demonstrate how their proposed innovations will transform livelihoods of low-income households through creation of jobs and diversification of livelihoods.
Under the Sustainable Development Goals, the world has set an ambitious target of ensuring universal access to reliable and sustainable energy by the end of the decade. But with half of the African continent without access to electricity, and two-thirds lacking access to clean cooking solutions, additional investment is needed to drive innovation and accelerate the uptake of modern energy.
Nuclear Power Will Be Needed For Cleaner Energy- Bill GatesThe Innovation Fund builds on AECF’s Renewable Energy and Adaptation to Climate Technologies (REACT) initiative, which was launched to support the private sector develop and expand its clean energy technologies to Africa’s rural communities. The Fund will invest in technologies that meet market needs as well as accelerating the development of existing solutions to better serve African communities and not technologies in the prototype stage. Chief Executive Officer of AECF, Victoria Sabula, said: “The Innovation Fund is key to enhancing large scale transformation within local communities. Investing in affordable and accessible renewable energy solutions can create jobs, grow economies, and build more sustainable livelihoods. Through the fund, we hope to unearth new ways that renewable technology – be it domestic, communal, or commercial – can be used to generate income and create jobs,” she said. The deadline for the applications is 29th April 2021.
Saudi Forces Strike Yemen In Response To Attack On Aramco
Saudi-led coalition forces conducted airstrikes against Houthi military bases in Yemen’s capital Sanaa, Bloomberg reported, citing local residents and a Houthi-controlled TV channel.
The attacks, according to the report, targeted military camps and Houthi facilities near the Sanaa airport and the suburbs of the city. They came in response to a Houthi drone attack on Saudi oil facilities that took place on Friday. According to Saudi media, the attack did not cause any damage.
This is just the latest in a series of airstrikes by the Saudi-led coalition against the Houthis, after the Yemeni rebel group, which is affiliated with Iran, struck a Saudi oil target earlier this month.
“The missile forces managed to strike [a facility] of the Saudi Aramco company in Jeddah with a Quds 2 cruise missile. The strike was precise,” a spokesman for the Houthis said in early March. The Saudi side later confirmed the attack but said it had inflicted no significant damage.
At the time, the Houthis warned there will be more attacks against Saudi targets and advised foreign companies and Saudi Arabia residents to be cautious.
The Saudi response came soon enough in a series of airstrikes, with 32 carried out on March 9 alone, Zerohedge reported at the time.
Saudi Arabia and the Houthis have been locked in a conflict since 2015. Many see it as a proxy war between the Saudis and the Iranian backers of the Yemeni rebel group, which overthrew the Saudi-affiliated Yemeni government and tried to assume power over the country.
Oil facilities in Saudi Arabia are a favorite target for the Houthis because of the Kingdom’s reliance on oil revenues.
The most notable attack that the Yemeni rebel group claimed responsibility for was the September 2019 attacks on Saudi Aramco’s oil facilities that cut off 5 percent of daily global supply for weeks, sending oil prices soaring.
Saudi Arabia and the United States have said that it was Iran—and not the Houthis—who was responsible for the attack.
Source:Oilprice.com
Ghana: Carpenter, 3 Others Electrocuted
Four men have been reportedly electrocuted at Anwomaso Bebre near Ejisu in the Ashanti Region in the Republic of Ghana.
The victims, a carpenter, a father and his son and one other were said to have raised a scaffolding pole to begin work on a three-storey building at about 5:30pm on Sunday when part of the metal accidentally touched power lines leading to the electrocution, according to reports.
They were, however, confirmed dead at the scene.
Ghana: Man, 45, Electrocuted In TemaThe Assembly Member for the Anwomaso Electoral Area, Frank Frimpong confirmed the incident to media and said, “I was told the four men were working when they were electrocuted in the process. When I got there, it was true. “I then called fire officers, the ECG officials and I also informed the Domeabra Police Commander who sent his men to the scene. “They were able to put off the power and the community people also assisted and we conveyed the bodies to the Komfo Anokye Teaching Hospital morgue. So it is true that it happened. We are yet to identify the victims,” Mr. Frimpong recounted. The bodies had since been deposited at the Komfo Anokye Teaching Hospital for preservation, the Assemblyman indicated. Source:www.energynewsafrica.com
Ghana: Upstream Petroleum Chamber Declare Support For New Energy Minister
Oil exploration companies operating in the Republic of Ghana have indicated their willingness to support government through a collaborative process by bringing industry and government together to address pertinent issues affecting the sector.
The exploration companies, under its umbrella body, Ghana Upstream Petroleum Chamber expressed its readiness to support the new energy Minister, Dr. Matthew Opoku Prempeh, when the group, led by its Chief Executive Officer Mr. David Ampofo, led a three-man delegation to pay a courtesy call on the Minister at the Ministry on Monday to formally welcome him to the sector.
Giving the background to the chamber, Mr. Ampofo explained that it had arisen out of a collaboration between companies involved in exploration and production activities in the petroleum upstream sector.
However, two years ago this collaboration was formalized to set up the chamber, primarily to focus on advocacy regarding the upstream sector and build the relationship between the industry and other stakeholders.
The chamber is made up of Eni, Tullow, Kosmos, Anadarko, Vitol, Modec,Aker Energy, ExxonMobil, Heritage, AGM, Subsea 7 and Cirrus Oil Services Limited.
It’s Time to Rethink Licensing Rounds: For Africa’s Oil- and Gas-Producing Countries, Negotiating the Current Environment May Require…Negotiation (Opinion)Mr Ampofo emphasized that it was important to bring Ghanaian service companies on board and that the chamber was actively working to bring them into the chamber in order to make it more representative of the industry. Mr. Ampofo indicated further that it was the chamber’s aim to improve the collaboration between the industry and government through the Minister and assured Dr. Prempeh of the chamber’s support. Thanking the delegation for the visit, the Minister stressed that in undertaking their admirable role, it was important for the chamber to be mindful of the important balancing act between the interests of the industry, which comprises international oil companies (IOCs) operating in Ghana and that of the government and people of Ghana. He indicated his strong support for the idea of local content as the most viable way in which Ghanaian businesses can get to play a meaningful role in the energy sector.
Ghana: Gov’t Settles Almost 90% Of Ameri Power Debt
The Government of Ghana has settled almost 90 percent of the total cost of the 250 Megawatts Ameri power plant procured from UAE-based Africa & Middle East Resources Investment Group, energynewsafrica.com can report.
The Ameri power plant was procured in 2015 by the previous administration when the West African nation was experiencing erratic power supply due to shortfall in electricity generation.
The plant cost US$510 million and it was to be managed by it owners for a period of five years and transferred to the Government of Ghana under Build Own Operate and Transfer (BOOT) agreement.
The Ameri deal was one of the numbers of power deals signed under the past administration which generated public anger with the then opposition New Patriotic Party accusing that administration of ripping off the nation.
Speaking to energynewsafrica.com, a source at the country’s Ministry of Energy disclosed that a little over US$447 million out of the total figure of US$ $510 million has been paid, representing about 87 percent as at November 2020.
“Government is paying and as we speak, we have written to the Finance Ministry to pay three months of the remaining debt which was deferred to be paid later,” the source said.
Ghana: Nuclear Power Plant Is Needed For Reliable Electricity-Energynewsafrica.com Managing EditorPer a document sighted by energynewsafrica.com which details the payment plan, Ameri has indicated its willingness to waive over US$2 million of the cost if government settles the remaining amount on time. The source told energynewsafrica.com that Ameri power plant has been shutdown because the five years period was due in January this year. According to the source, an independent engineer has been appointed and is currently assessing the condition of the plant after which the plant would be transferred to the Government of Ghana. The source said the Government of Ghana would bear half of the cost of the assessment while owners of the power plant would bear the remaining cost. The Government of Ghana has hinted of plans to relocate the Ameri plant from its current location in Aboadze to Kumasi in the Ashanti Region in a bid to stabilise the country’s national grid. Source: www.energynewsafrica.com
Without Flexibility, Nigeria Will Face Difficulties Integrating Large Amounts Of Renewable Energy Into The Grid (Opinion)
By Yusuff Wale
As the largest economy in Africa, with huge gas reserves and high solar energy potential, Nigeria has all the natural resources necessary to meet the growing demand for electricity. However, the inadequate energy infrastructure still leaves a significant part of the population without power or relying on oil-fired back-up generators. If Nigeria can improve its energy infrastructure and unlock its gas-to-power generation potential, it paves the way to integrating low-cost renewable energy, bringing electricity and development opportunities to rural villages, driving industrial growth and employment, and increasing prosperity across the country.
There is no doubt that gas has an important role to play in meeting Nigeria’s electricity demand, but to achieve this, there is an urgent need to reform the gas and electricity sectors. The poor condition of the gas transmission and distribution system is a major constraint as domestic supply shortages and insufficient pressure severely affect the reliability of the power supply. Poor planning has resulted in stranded generation assets and transmission bottlenecks. Inadequate maintenance of an aging and inefficient infrastructure means that peak generation is well below its full potential. Without structural reforms and integrated energy planning, the ability to meet the growing electricity demand is challenging.
However, advanced power system modelling, which helps to identify the lowest total cost energy solution while considering system constraints, shows that Nigeria is indeed in a position to achieve its ambitious targets by 2030. By developing a balanced thermal portfolio combining baseload gas and flexible gas power generation, the power system will be capable of integrating a high level of renewables and operating efficiently. But significant flexibility needs to be built into the power grid, to make it capable of responding to daily variations in demand and withstanding the intermittent nature of renewables.
Not All Gas Fired Power Plants Are The Same
Even if from a pure cost perspective, reciprocating gas engine and combined cycle gas turbine technologies offer comparable results, gas engine technology adapts faster to balance the intermittency and unpredictability that characterise addition of renewables into the power generation mix and thus facilitate their growth and integration into the system. In addition to being robust and versatile to manage the current generation and transmission side disturbances in an efficient manner, there are three important advantages that ICE technology offers for the future; the first is flexibility, the ability to quickly adjust load in response to supply fluctuations from renewables; the second is modularity, gas engine plants can be sized to requirements, for a city, for manufacturing industries, or for local micro-grids; and the third is low water consumption, which is an important consideration in view of Nigeria’s long dry seasons.
To maintain a balanced system, flexible forms of electricity must be available to ramp up output at the same rate that wind or solar output fluctuates. Systems need to respond across different timeframes, from seconds, to minutes. This is not the case for conventional power plants based on combined cycle gas turbine technology which can take several hours to reach operation at full capacity. Even if gas turbines can provide some level of flexibility by being run at partial load, this mode of operation is inefficient, driving up costs and carbon emissions.
On the other hand, flexible gas engine power plants are the perfect ally of renewable energies. Made up of multiple engines which can be fired-up instantaneously, these plants offer a large range in power supply availability which complements renewable energy without sacrificing efficiency. If a sudden rainstorm, for example, cuts the supply of solar energy and drives up electricity demand as lights are switched on, a number of internal combustion engines can be turned on within minutes to supply the required electric demand. They can be turned off just as quickly when the storm passes.
Expert studies conducted around the world show that flexible power plants based on internal combustion engine technology can unlock the full potential of renewable energy assets in the fleet, generating annual cost savings above 5%, reducing CO2 emissions, as well as reducing overall water consumption. Indeed, flexible power plants consume nearly 50% less water than similarly sized combined cycle gas turbine plants and 75% to 85% less water than a coal or nuclear plant with cooling towers. In a context of global warming and hydric stress, water consumption is a parameter that cannot be ignored.
For the country to successfully integrate the planned addition of ~3,5 GW of Hydro and ~5.2 GW of solar projects into the grid by 3030 and increase access to affordable and reliable electricity, a balanced power generation mix will be required. Gas is abundant, affordable, and offers a clear solution to meet the growing power demand in Nigeria. But most important is the need for long-term integrated energy planning. By deploying an integrated energy strategy with a focus on flexibility, Nigeria has what it takes to achieve a successful energy transition. Without it, Nigeria’s power sector will most likely remain inefficient and unreliable.
Yusuff Wale is the Managing Director, Wartsila Marine & Power Services Nigeria Ltd. Wartsila is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. He is a seasoned professional in Management, Sales, Marketing and Business Development in the Nigerian Oil and Gas and Power Industry. He started his career as a process engineer in one of the Nigerian Petroleum Oil Refineries. Over the years, he has been actively involved in large transactions of Turbo-Machineries into major FPSO projects in Nigeria as well as Internal combustion engines for both Industrial and Captive Independent Power Plants. He has presented technical papers at both local and international Oil, Gas and Power Conferences. He holds a MSc. and Bachelor of Engineering degrees in Chemical Engineering from the prestigious University of Lagos and Federal University of Technology, Minna, respectively and a miniMBA in Innovation, Growth & Digital Execution techniques for building category king companies, from the Tekedia Institute. He has attended many trainings both in Nigeria and abroad. He is a corporate member, Nigeria Society of Engineers (MNSE).


