Accugas Limited, a subsidiary of Savannah Energy, has issued a statement clarifying that it is not involved in the ongoing power outage in Akwa Ibom State. The company refuted recent claims, stating that the power disruption is caused by a fault in the 132-KV Aba-Itu transmission line, not its operations.
Key Points:
- The power outage stems from an issue with the 132-KV Aba-Itu transmission line.
- Accugas plays a vital role in supplying gas for 20% of Nigeria’s thermal power generation capacity.
- Since 2014, Accugas has invested over $1.5 billion in gas development projects within Akwa Ibom State.
- Recent investments include a $45 million gas compression project at the Uquo Central Processing Facility.
Accugas reiterated its ongoing commitment to supporting the economic development of Akwa Ibom and reaffirmed its strong, long-term partnership with the state government.
Accugas’ Role:
- Accugas has been the sole gas supplier to Ibom Power Company since 2014.
- The company is a critical contributor to Nigeria’s energy sector through its consistent gas supply.
- Accugas is actively engaged in various social investment initiatives across Akwa Ibom State.
The company called for the urgent restoration of the Aba-Itu transmission line to resolve the current power outage.
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