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OVH Energy Marketing provides valuable recommendations to drive Nigerian midstream sector



…As company bags Best Downstream Company Award

Nigeria’s leading indigenous marketer of choice, OVH Energy Marketing (Oando Licensee) has proffered strong recommendations on the development of the midstream and downstream Oil & Gas industry in Nigeria, suggesting that the sector needs significant infrastructure investments. This was discussed at the just concluded 5th Nigeria International Energy Summit (NIES) held in Abuja themed: “Revitalising the Industry: Future Fuels and Energy Transition.”

The summit which, has gathered momentum on the global scene, is a platform for Nigeria to engage both local and international stakeholders towards the effective development of the oil and gas sector as a strong catalyst for economic growth.

The second day of the five-day conference featured a CEO roundtable with Mr. Huub/ Stokman, Chief Executive Officer (CEO) of OVH Energy Marketing Ltd, Oando licensee, advocating for more collaboration amongst relevant stakeholders in the industry to develop on the necessary measures that can improve infrastructural development in the sector to meet customers’ needs.

“On Midstream and Downstream infrastructural development, the industry needs more investment to expand and boost our jetties, the pipelines, depots, trucks and human capacity development for a safe operation. We recognise that the industry needs more funding and investment to achieve all of these whilst customers’ demands are met and creating values to the end users,” he said.

He further stated that the new refineries will change the supply landscape, and Nigeria becoming self sufficient in the production of refined fuel. “This is a major milestone,” He noted, “If this happens combined with a good competitive environment (a level playing field), the customer can decide the best price served and who they want to buy from. A regulated market slightly distorts these elements.”

According to Mr. Stokman, “New refineries will produce cleaner fuels which is good for the environment, and for the good health of all Nigerians. The current challenge around fuel supply and distribution shows us that as an industry, we need to have a good emergency plan (the refineries go down for maintenance, what then do we do?). We should use today’s challenges as a learning opportunity for the future.”

He commended the Federal Government for the signing of the PIA and the swift response of the Authority Chief Executive in the implementation of the Act, however, he observed that the postponement of full deregulation of industry will pose a lot of challenges to the industry.

“As it is the decade of gas, we should also capture gas (LPG, CNG, LNG) as a substantial part of the energy mix of Nigeria: – in terms of Energy Self sufficiency and towards a sustainable future,” he said.

Mr. Stokman further commended the efforts to bring together industry stakeholders to share ideas on how to move the country forward, “this is our fourth participation at the NIES, and it is a wonderful platform for players in both upstream and downstream. This a great event which brings in foreign and local experts to exchange ideas, opinions, trends and outlook for the future.”

OVH Energy Marketing also won the 2021 Best Downstream Company Award. The award was conferred on OVH Energy Marketing at the gala night of the fifth Nigeria International Energy Summit in Abuja on Monday.

Speaking on the award, Mr. Stokman explained that the award is a reward for the company’s repeated commitment to be customer-centric whilst contributing to the development of the downstream sector.

In his words, “We are always humbled to receive recognitions like this and a big thank you to our customers for their unwavering patronage over the years.

“OVH Energy Marketing will continue to provide exceptional services to our customers, as our strong unrivaled heritage drives to impact our customers’ lives positively while distributing over one billion litres of refined petroleum products annually and providing trusted petroleum services including, supply reliability and technical expertise nationwide.”

In recent times, Nigeria has made strategic moves towards becoming a foremost oil and gas investment destination, through ongoing strategic sectoral reforms and engagement with host communities. This year’s NIES conference continues to engage industry experts and investors on developing hedging strategies to combat prevailing sectoral challenges towards unlocking inherent value in the near future.

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TCN overhauls equipment for improved electricity supply to Nigerians



The Transmission Company of Nigeria (TCN), Shiroro region, says it is overhauling all its equipment for improved power supply across the region.

The General Manager of TCN Shiroro Region, Malam Maiwada Sarkin-Bello, disclosed this while addressing newsmen during a tour of TCN facilities at Shiroro power plant.

He said the company was constructing new control rooms in Shiroro and Kainji transmissions and replacing all obsolete equipment with new modern ones.

Sarkin-Bello added that the company had purchased additional 132/33KV 100MVA transformer for Minna Sub-station at the cost of N1 billion to address power outage within the metropolis.

He said the company constructed new 132KV from Zungeru power station switch yard to Tegina and construction of new control rooms at Shiroro.

Others were replacement of old equipment by World Bank, in-house replacement of old equipment at Jebba, upgrading of Minna Sub-station with additional 132/33KV 100 MVA.

He added that six new 330KV current transformers on bus coupler at Jeba transmission station were purchased and new 330KV circuit breakers on Jebba-Kainji line 2 circuit were installed.

Also new 330KV circuit on Jebba-Gamo line was installed while vandalised tower members on T69, T70 and T71 on 132 Minna-Suleja circuit and two faulty 132KV CVT on Minna-Suleja line one and two yellow phases were replaced

He said the company constructed new open air stores for out-door equipment at Faku, obsolete protection relay with modern numerical relays on 330KV was replaced in addition to maintenance of power transformers on annual schedule.

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TCN begins expansion, upgrade of facilities in Benin region



The Transmission Company of Nigeria (TCN), Benin region, says it has embarked on a series of projects aimed at grid expansion and upgrade in the sub region.

Mr Isaac Okpe, General Manager, TCN, Benin region, stated this in Benin on Friday, while briefing newsmen after a tour of the region, sub region and Ihovbor work centre.

He said that the project was part of measures to intensify electricity transmission in Edo, Delta and parts of Ondo and Ekiti states.

Okpe said the Benin sub region was one of the most important regions, a hub of the national grid,

The TCN boss said that the company started the expansion and upgrade at Ihovbor work centre in Edo, Sapele work centre, Delta, and Omotosho sub region, Ondo.

“The Transmission Company of Nigeria has embarked on a series of projects aimed at grid expansion and some of the ongoing expansion projects are as follows.

Benin Sub Region – Project expansion and upgrading project of 2x150MVA to 2×300 MVA 330/132kV power transformer.

Benin Sub-Region – Restoration of T2 40 MVA transformer at Okada 132/33kV line following the installation of 300KVA grounding transformer.

Omotosho Sub Region – Project expansion at Ondo TS, upgrading of 2x 30MVA to 2x 60MVA commissioning of new 2x40MVA power transformer at 132/33KV line at Erinje Sub-Station currently undergoing testing by NPDH.

The general manager further said that other areas of expansion included; Delta Sub Region, Ongoing upgrade and expansion of 1x185MVA power transformer at Ughelli 132/33kVA line.

“And an upgrade of 1x60MVA to 100MVA power transformer and commissioned 150MVA 330/132kV inter bus transformer at Ughelli last year,” he said.

Okpe, however, lamented that encroachments on TCN lines and acts of vandalism in the region had been the major challenges facing the company and hindering quality service delivery

“The major challenge we are having is encroachment on our lines. So many people are building churches, shops and houses under the lines.

“And this is a major threat and a major risk on their part. Even in areas people have been compensated for their lands acquired, they come back and built there, claiming that they were not compensated.

“This is a threat to the lives of those who stay in such places. People should not build under transmission lines.

“Vandalism is another challenge. People deliberately go to the lines and cut them expecting them to collapse,” he added

Okpe said that about eight people had been caught in the act of vandalism and are currently being  prosecuted in different law courts across the region.

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REA, NASEIN sign $150m battery manufacturing agreement



The Rural Electrification Agency (REA)  and the National Agency for Science and Engineering Infrastructure (NASENI)  has signed a 150 million dollars battery manufacturing agreement with Chinese investors.

Malam Mutari Ibrahim, the Director Promotion and Outreach (PIO), REA said this in a statement issued in Abuja on Friday.

Ibrahim said that the agreement was signed with SHENZEN LEMI Technology Development Company.

He said that the agreement was signed  under the leadership of the Ministry of Power and the China Ministry of Ecology and Environment as part of the takeaway by Nigeria from the COP 28 in Dubai

According to him, the partnership will facilitate the establishment of a Lithium-Ion Battery manufacturing and processing factory in Nigeria.

”The initiative which is backed by a 150 million  dollars investment from LEMI is  scheduled to commence in phases, starting from the 2nd quarter of 2024.

”The China Ministry of Ecology and Environment, in collaboration with the Ministry of Power expressed enthusiasm for being part of this transformative agreement.

‘The signing of the cooperation agreement is anticipated to serve as a pioneer initiative for the Light and Belt Initiative in Africa, aligning with global efforts to drive climate technology development and transfer,” he said.

Ibrahim said that the collaboration would strengthen NASENI’s mandate under the agency’s new leadership to manage the research and development of capital goods, production and reverse engineering to enhance local mass production of standard parts.

He said that the agreement would also enhance services for the nation’s technological advancement with a special focus on the  electricity sector.

”Furthermore, the collaboration underscores REA’s commitment to bridging the climate technology gap and combating the adverse effects of climate change.

“It also aligns with the country’s ambitious goals of achieving universal electricity access by 2030 and netzero emissions by 2060,” he said.

Ibrahim said that the partnership was  aimed at fostering the development and transfer of climate technology,
promote indigenous industrialisation and facilitate commercialisation.
”Enhance public private cooperation and contribute to job creation, economic growth, and the extractive industry in the country.
”Recognising the crucial role of energy storage in the transition to renewable energy sources, the investment in Lithium-Ion energy storage manufacturing signifies a significant step towards achieving a low-carbon economy.
”Research indicates that Lithium-Ion
energy storage has the potential to reduce CO2 emissions by more than 20 per cent per Kilo Watts per hour (KWh) capacity compared to traditional lead-acid technology,” he said.
According to him,  REA and NASENI remain steadfast in their commitment to cultivating partnerships that
accelerate clean, innovative, and sustainable energy interventions.
”it is also committed to Contributing to the global pursuit of a greener and more sustainable future,”
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