• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, June 6, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Gas Pipeline Project will facilitate 2 new power plants

The Matters Press by The Matters Press
July 1, 2020
Reading Time: 2 mins read
0
800 firms compete to manage gas flare sites

Gas flaring

Gas flaring

By Tanko Mohammed
Minister of State for Petroleum Resources, Mr Timipre Sylva, on Tuesday, said the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project would facilitate the setting up of two power plants when completed.

RELATED POSTS

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

The minister, who spoke during the foundation laying ceremony of the project in Rigachikun, Kaduna State, said that the power plants would be located in Abuja and Kaduna.

Upon completion, the project would enable the injection of 2.2bscf/d of gas into the domestic market and facilitate additional power generation capacity of 3,600MW.

Sylva said that the project would also open up a development corridor linking the North to the Southern part of the country.

“This is a development corridor, a development backbone. We expect along that corridor, all kinds of investments will commence.

“We expect fartilizer projects, gas based industries like petrochemicals, power plants, among others.

“I must say that this is a transformational project and we are proud to be here today to flag it off.

“This project will cover over 600 Km from the beginning in the south and end in Kano,” the minister said.

Also, Gov. Nasiru El-Rufai of Kaduna State, said the project would transform the economic landscape along the corridor, help to stop use of firewood as source of energy and lead to the springing up of many industries.

Electricity

The project will transform the lives of the people of Kaduna and also it’s economy, he added, and expressed gratitude to the Federal Government, NNPC and other stakeholders for working tirelessly to make the project a reality.

He prayed that President Muhammadu Buhari would commission the project in the next two years, “which will open up many opportunities for the state”.

According to him, the gas pipeline project is the most important project in the history of Kaduna state, even more important than the construction of Kaduna refinery in the 1970s.

AKK gas pipeline project is part of the Trans-Nigeria gas pipeline project, which involves the establishment of a connecting gas pipeline network that will integrate the North with the Niger Delta, Eastern and Western regions of the country.

The contract for the 614km AKK gas pipeline project was awarded at the cost of 2.592 billion dollars to Messrs. Oilserv Plc/China First Highway Engineering Company (Oilserv/CFHEC Consortium) for the first segment covering 303km.

Messrs Brentex Petroleum Services/China Petroleum Pipeline Bureau (Brentex/CPP Consortium) got the contract for the second segment covering 311km under a debt-equity financing model with loan from Bank of China and SINOSURE.

The loan would be repaid through the pipeline transmission tariff and supported by a sovereign guarantee.

Tags: Gas
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
Economy/Technology

Nigeria’s 3MTT gets boost as EU, World Bank back initiative

June 6, 2025
Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Next Post
Buhari flags off AKK gas project

Buhari flags off AKK gas project

Nigeria plans to ban milk importation

Kano state plans 200 milk collection centres

Recommended Stories

Jaiz Bank expands with new branches

Naira loses again at Investors and Exporters window

August 17, 2022
Inflation easing in 2024 –  IMF

Inflation easing in 2024 – IMF

April 11, 2024
Buhari, Oshiomhole with state chairmen of APC

Buhari, Oshiomhole with state chairmen of APC

December 7, 2019

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s 3MTT gets boost as EU, World Bank back initiative
  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us