Savannah Energy activates gas sales to Central Horizon
Sopuruchi Onwuka
Africa focused British independent energy company, Savannah Energy PLC, has announced activation of gas delivery to local market factor, Axxela Limited. And the two firms transact through owned subsidiaries.
Accugas Limited owned by Savannah commenced gas sales to Central Horizon Gas Company (CHGC) Limited, a subsidiary of Axxela Limited and a major gas distribution company situated in the South-South region of Nigeria.
Savannah signed an interruptible gas sales agreement with CHGC to supply up to five million standard cubic feet per day (5.0 MMscfd) for an initial one-year period.
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.
CHGC is majority owned and controlled by Axxela, which delivers natural gas to over 185 industrial and commercial customers via its gas infrastructure network across cities in Nigeria including Lagos and Port Harcourt.
Chief Executive Officer 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.”
Commenting on behalf of Axxela, Chief Executive Officer, Bolaji Osunsanya, said: “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”.
