{"id":12172,"date":"2022-04-22T15:07:35","date_gmt":"2022-04-22T15:07:35","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=12172"},"modified":"2022-04-22T15:08:45","modified_gmt":"2022-04-22T15:08:45","slug":"savannah-energy-first-independent-power-limited-gsa-extended-to-supply-trans-amadi-eleme-and-afam-power-plants","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/savannah-energy-first-independent-power-limited-gsa-extended-to-supply-trans-amadi-eleme-and-afam-power-plants\/","title":{"rendered":"NIGERIA: Savannah Energy First Independent Power Limited GSA Extended to Supply Trans Amadi, Eleme and Afam Power Plants"},"content":{"rendered":"

Savannah Energy has announced<\/span> 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.<\/span><\/p>\n

Accugas currently supplies up to 35 MMscfpd of gas to FIPL’s Afam power plant. Under the terms of the addendum, FIPL will be able to increase the quantity of gas purchased from Accugas to up to 65 MMscfpd so as to also supply the Trans Amadi and Eleme power plants, in addition to its Afam power plant. FIPL’s power plants have a total generation capacity of 391 MW, with the Trans Amadi and Eleme plants having generation capacities of 136MW and 75 MW, respectively. All three plants are located in Rivers State.\u00a0<\/span>\u00a0<\/span><\/p>\n

FIPL is an affiliate company of the\u00a0Sahara Group, a leading international energy and infrastructure conglomerate with operations in over 42 countries across\u00a0Africa, the\u00a0Middle East,\u00a0Europe\u00a0and\u00a0Asia.<\/span>\u00a0<\/span><\/p>\n

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

“Accugas has recorded growth in Total Revenues<\/span>[1]<\/span>\u00a0from gas sales for each of the last five years, with a realised CAGR of 15%. New contracts, such as this morning’s announcement provide the basis for us to continue this growth into the future and we look forward to continue working with the\u00a0Sahara Group\u00a0on this and potentially other projects in the future.”<\/span>\u00a0<\/span><\/p>\n

Kola Adesina, Group Managing Director,\u00a0Sahara Power Group, said<\/span>:<\/span>\u00a0<\/span><\/p>\n

“<\/span>At Sahara, we believe that with Savannah we have a partnership that works, and we are delighted to see that our beliefs are becoming a reality. Through this Addendum, we aim to secure the reliable supply of gas to FIPL power plants, thereby improving the health of the Nigerian Electricity Supply Industry and as always, bringing energy to life for the everyday person whose interest we serve intentionally.<\/span>“<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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 … 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":[8037,10396,10395,1051,10398,10397,8039,10394],"class_list":["post-12172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-accugas","tag-afam","tag-eleme","tag-gsa","tag-rivers-state","tag-sahara-power","tag-savannah-energy","tag-trans-amadi","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-3ak","jetpack-related-posts":[{"id":12355,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-savannah-energy-begins-first-gas-sales-to-fipls-trans-amadi-power-plant\/","url_meta":{"origin":12172,"position":0},"title":"NIGERIA: Savannah Energy Begins First Gas Sales to FIPL\u2019s Trans Amadi Power Plant","author":"","date":"June 22, 2022","format":false,"excerpt":"Savannah Energy has announced that Accugas Limited, the Company\u2019s 80% indirectly owned subsidiary, has commenced gas sales to First Independent Power Limited\u2019s (FIPL) Trans Amadi power plant in Port-Harcourt, Nigeria. As previously announced in April 2022, Savannah executed an addendum to its gas sales agreement with FIPL, allowing FIPL to\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":12307,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-savannah-energy-signs-new-gas-sales-agreement-with-transafam-power-limited\/","url_meta":{"origin":12172,"position":1},"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":11871,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-savannah-energy-signs-gsa-with-the-central-horizon-gas-company\/","url_meta":{"origin":12172,"position":2},"title":"NIGERIA: Savannah Energy Signs GSA with the Central Horizon Gas Company","author":"","date":"February 21, 2022","format":false,"excerpt":"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. 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This includes a 22% increase in production from\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\/2020\/08\/Savannah-Energy.jpg?fit=400%2C400&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":12172,"position":5},"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":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12172","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=12172"}],"version-history":[{"count":2,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12172\/revisions"}],"predecessor-version":[{"id":12174,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/12172\/revisions\/12174"}],"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=12172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=12172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=12172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}