ACCUGAS CLEARS AIR ON AKWA IBOM POWER OUTAGE, DENIES INVOLVEMENT
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Accugas Limited, a subsidiary of Savannah Energy, has issued a statement refuting claims of its involvement in the current power outage in Akwa Ibom State.
_Key Points:_
– The power outage is due to a fault in the 132-KV Aba-Itu transmission line.
– Accugas supplies gas to enable 20% of Nigeria’s thermal generation capacity.
– The company has invested over $1.5 billion in gas development in Akwa Ibom State since 2014.
– Recent investments include a $45 million gas compression project at Uquo central processing facility.
Accugas emphasized its commitment to Akwa Ibom State’s economic development and prosperity, reaffirming its long-term partnership with the state government.
_Accugas’ Role:_
– Sole gas supplier to Ibom Power Company since 2014.
– Critical enabler of the Nigerian economy through gas supply.
– Ongoing social investment projects in the state.
The company urged swift restoration of the Aba-Itu transmission line to resolve the power outage.
