Optimera Energy LFZ Enterprise has begun development of infrastructure at the Lagos Free Zone to supply natural gas to zone businesses.
According to The PUNCH, the Managing Director of Optimera Energy, Mrs Audrey Joe-Ezigbo, revealed during the zone’s groundbreaking event on Tuesday that the infrastructure included a 25 million Standard Cubic Feet per day City Gate Station, scalable to 100MMScf/d.
She added that the project also included 10km distribution lines within the zone and a 6.5km x 10 inches gas pipeline from the Escravos – Lagos Pipeline System tie-in point in the Lekki corridor, outside the zone, to the Optimera City Gate Station at the LFZ.
She elaborated how Optimera Energy had signed a 20-year Gas Infrastructure Development Agreement with the Lagos Free Zone Company to connect off-takers to its gas distribution infrastructure within the zone.
“The LFZC has invested over $2.5bn in building a world-class facility integrated with Lekki Deep Seaport in the Zone, particularly as this project is fully aligned with the nation’s Decade of Gas aspirations,” she said.
The LFZC’s Chief Executive Officer, Mr Dinesh Rathi, praised the project as “one step closer to our goal of providing reliable and cleaner energy solutions to meet the needs of existing and future tenants at LFZ.”
The Minister of State for Petroleum Resources, Ekperikpe Ekpo, remarked in his speech that the project was a key milestone in the country’s march towards a more sustainable and energy-efficient future.
Optimera Energy is a partnership comprised of Falcon Corporation Limited, FHN Gas Limited, and ND Western Midstream Limited, all of which are affiliates of upstream firms with total gas reserves of more than 4 trillion cubic feet and are currently producing more than 350MMscf/d into the Nigerian domestic gas market.
The Federal Government launched the Energy Transition Plan in 2022 to assist the country in meeting the 2060 net zero target.
Former President Muhammadu Buhari said that petrol will be the country’s transition fuel.
