{"id":11871,"date":"2022-02-21T09:20:39","date_gmt":"2022-02-21T09:20:39","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=11871"},"modified":"2022-02-21T09:20:39","modified_gmt":"2022-02-21T09:20:39","slug":"nigeria-savannah-energy-signs-gsa-with-the-central-horizon-gas-company","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-savannah-energy-signs-gsa-with-the-central-horizon-gas-company\/","title":{"rendered":"NIGERIA: Savannah Energy Signs GSA with the Central Horizon Gas Company"},"content":{"rendered":"

Savannah Energy has announced that its Accugas subsidiary has entered into a new gas sales agreement (GSA) with the Central Horizon Gas Company (CHGC), a subsidiary of Axxela Limited (“Axxela”), and a major gas distribution company situated in the South-South region of Nigeria.<\/span><\/span><\/p>\n

CHGC operates a 17km gas pipeline infrastructure network with a throughput capacity of 50 MMscfpd, which provides natural gas to\u00a0<\/span>industrial and commercial customers in the Trans Amadi Industrial Area of Port Harcourt as well as the Greater Port Harcourt Area, Nigeria. \u00a0<\/span><\/p>\n

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 Southern Nigeria including Lagos and Port Harcourt.<\/span><\/p>\n

Under the terms of the GSA, CHGC can nominate to be delivered up to a maximum daily quantity of 5 MMscfpd. The GSA is initially for a one-year period but is extendable by mutual agreement. Accugas will\u00a0<\/span>deliver gas via its Ikot Abasi Gas Receiving Facility and then via third-party gas infrastructure to CHGC in the Port Harcourt area. First gas deliveries are expected to commence within the next 12 months and are dependent on CHGC completing certain works to connect to the third-party gas delivery infrastructure. Accugas is not expected to incur any additional capital expenditure in this regard.<\/span>\u00a0<\/span><\/p>\n

Andrew Knott, CEO of Savannah Energy, said:<\/span><\/p>\n

“We are delighted to announce this new gas sales agreement with CHGC and the Axxela Group. This transaction once again demonstrates Accugas’ position as gas supplier of choice in South East Nigeria. We look forward to a successful future partnership with both CHGC and the wider Axxela Group.”<\/span>\u00a0<\/span><\/p>\n

Commenting on behalf of Axxela, Chief Executive Officer, Bolaji Osunsanya, said:<\/span><\/p>\n

“One of our core values is partnership and we believe in the power of collaboration as a way of unlocking unlimited possibilities. This new arrangement demonstrates our commitment to delivering value-adding energy solutions across Nigeria, and most importantly, it further underscores our overarching goal of spurring the socio-economic development of key hubs across Nigeria and the African region.”<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Savannah Energy has announced that its Accugas subsidiary has entered into a new gas sales agreement (GSA) with the Central Horizon Gas Company (CHGC), a subsidiary of Axxela Limited (“Axxela”), … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":11872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[8037,10201,10200,1749,8039],"class_list":["post-11871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-accugas","tag-axxela","tag-central-horizon-gas-company","tag-nigeria","tag-savannah-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/Savannah-Energy.png?fit=458%2C358&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-35t","jetpack-related-posts":[{"id":12378,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-savannah-energy-makes-first-gas-sales-to-the-central-horizon-gas\/","url_meta":{"origin":11871,"position":0},"title":"NIGERIA: Savannah Energy Makes First Gas Sales to the Central Horizon Gas","author":"","date":"June 27, 2022","format":false,"excerpt":"Savannah Energy has announced that Accugas Limited, the Company's 80% indirectly owned subsidiary, has commenced gas sales to Central Horizon Gas Company Limited (CHGC), a subsidiary of Axxela Limited (Axxela), and a major gas distribution company situated in the South-South region of Nigeria. As previously announced in February 2022, Savannah\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/Savannah-Energy.png?fit=458%2C358&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9834,"url":"https:\/\/www.oilnewskenya.com\/index.php\/accugas-first-gas-to-cng-sales-agreement-announced-with-mulak-energy\/","url_meta":{"origin":11871,"position":1},"title":"Accugas’ First Gas-to-CNG Sales Agreement announced with Mulak Energy","author":"","date":"February 8, 2021","format":false,"excerpt":"Savannah Energy\u00a0 has announced that its Accugas subsidiary has entered into a new gas sales agreement (GSA) with Mulak Energy Limited. The GSA is initially for a seven-year term. It envisages the supply of gas produced by Savannah's majority-owned Uquo field for an initial two-year period on an interruptible basis\u2026","rel":"","context":"In \"Accugas\"","block_context":{"text":"Accugas","link":"https:\/\/www.oilnewskenya.com\/index.php\/tag\/accugas\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Savannah-Energy.jpg?fit=400%2C400&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12307,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-savannah-energy-signs-new-gas-sales-agreement-with-transafam-power-limited\/","url_meta":{"origin":11871,"position":2},"title":"NIGERIA: Savannah Energy Signs New Gas Sales Agreement with TransAfam Power Limited","author":"","date":"June 6, 2022","format":false,"excerpt":"Savannah Energy has announced that the Company's 80% indirectly owned subsidiary, Accugas Limited, has entered into a new gas sales agreement with TransAfam Power Limited (TAPL) in relation to the provision of gas for use at its power plants in Rivers State, Nigeria. TAPL is a licensed power generation company\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/Savannah-Energy.png?fit=458%2C358&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":13718,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-savannah-energy-signs-new-natural-gas-sales-and-purchase-agreement-with-amalgamated-oil-company\/","url_meta":{"origin":11871,"position":3},"title":"NIGERIA: Savannah Energy Signs New Natural Gas Sales and Purchase Agreement with Amalgamated Oil Company","author":"","date":"June 2, 2023","format":false,"excerpt":"Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, is pleased to announce that the Company's 80% indirectly owned subsidiary, Accugas Limited, has entered into a Natural Gas Sales and Purchase Agreement with Amalgamated Oil Company Nigeria Limited (AMOCON) for gas produced in\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/06\/Savannah-Energy.png?fit=458%2C358&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12590,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-new-gas-sales-agreement-signed-with-notore-chemical-industries\/","url_meta":{"origin":11871,"position":4},"title":"NIGERIA: New Gas Sales Agreement Signed with Notore Chemical Industries","author":"","date":"August 23, 2022","format":false,"excerpt":"Savannah Energy has announced that the Company's 80% indirectly owned subsidiary, Accugas Limited, has entered into a new gas sales agreement (GSA) with Notore Chemical Industries PLC. Accugas will supply Notore with up to 10 MMscfpd of gas to augment its current supplies. The contracted supply is on an interruptible\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/Savannah-Energy.png?fit=458%2C358&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":12172,"url":"https:\/\/www.oilnewskenya.com\/index.php\/savannah-energy-first-independent-power-limited-gsa-extended-to-supply-trans-amadi-eleme-and-afam-power-plants\/","url_meta":{"origin":11871,"position":5},"title":"NIGERIA: Savannah Energy First Independent Power Limited GSA Extended to Supply Trans Amadi, Eleme and Afam Power Plants","author":"","date":"April 22, 2022","format":false,"excerpt":"Savannah Energy has announced that Accugas Limited, the Company's 80% indirectly owned subsidiary, has signed an addendum to its existing interruptible gas sales agreement (IGSA) with First Independent Power Limited (\"FIPL\"), originally signed on 28 January 2020. Accugas currently supplies up to 35 MMscfpd of gas to FIPL's Afam power\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/02\/Savannah-Energy.png?fit=458%2C358&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/11871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=11871"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/11871\/revisions"}],"predecessor-version":[{"id":11873,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/11871\/revisions\/11873"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/11872"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=11871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=11871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=11871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}