Victor EzejaAccugas Limited one of the major subsidiaries of Savannah Energy PLC, has commenced sales of gas to Central Horizon Gas Company Limited (CHGC).
CHGC is a joint venture between Axxela Limited and the Rivers State Government. It is a major gas distribution company situated in the South-South region of Nigeria.
The sales was announced in release by the Savannah Energy Plc. “As previously announced in February 2022, Savannah signed an interruptible gas sales agreement (“GSA”) with CHGC to supply up to 5 MMscfpd daily for an initial one-year period,” the statement indicated.
CHGC operates a 17km gas pipeline infrastructure network with a throughput capacity of 50 MMscfpd, which provides natural gas to industrial and commercial customers in the Trans Amadi Industrial Area of Port Harcourt as well as the Greater Port Harcourt Area, Nigeria.
Commenting on the development, CEO of Savannah Energy, Andrew Knott said, “We are very pleased to have operationalised our gas sales agreement with CHGC, our third new customer facility we have connected with this year. The rapid progress we have made to diversify and increase Accugas’ customer base since acquiring the business has been significant. I would like to thank and commend the Accugas and CHGC/Axxela teams for having worked together so well to achieve the first gas sales milestone so quickly after GSA signature.”
According to the Chief Executive Officer of Axxela, Bolaji Osunsanya, the sales partnership would boost supply services of the company to it’s customers.
“This interruptible gas sales agreement reinforces our continued commitment to be the energy partner of choice to our customers. We believe that with this partnership, CHGC can further provide flexibility and supply assurance to our growing customer base within the Greater Port Harcourt area and its environs,” Osunsanya.
Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.
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