The contractor for Oil Mining Lease 147 in production sharing contract with the Nigerian National Petroleum Corporation (NNPC) Pan Ocean Oil Corporation (Nigeria) Limited, says it has completed three key projects, comprising a crude oil pipeline, a gas processing plant and a production facility.
The company in a statement on Sunday said the unveiling of the projects, Amukpe-Escravos Pipeline Project, Ovade-Ogharefe Gas Processing Plant Phases I and II and OML 147 Early Production Facility at Owa-Alidinma, are scheduled for June.
The statement disclosed that the Amukpe-Escravos Pipeline consists a 67-kilometre X 20 inch, a low-risk underground pipeline that will evacuate crude oil from Amukpe to Escravos Export Terminal, with the capacity to deliver 160,000 barrels of oil per day.
The company explained that the pipeline was designed to minimise vandalism and mitigate the loss of revenue to the Nigerian government and oil and gas companies operating in the northern fringe of the Niger Delta, describing it as the longest of its kind in Africa.
The Ovade-Ogharefe Gas Processing Plant is designed to supply lean gas to the NIPP power plant located at Ihovbor, Edo State, and liquefied petroleum gas to households across Nigeria, with a processing capacity of 200 million standard cubic feet per day and 29 storage tanks.
Meanwhile, the General Manager, OML 147 Asset, Mr Collins Akinkugbe, has described the move by Pan Ocean as one that would benefit the Nigerian economy.
He said, “With the support of our joint venture, financial and technical partners, our team delivered these world-class projects safely and with the highest consideration for environmental impact.
“We set out to deliver infrastructure that will bring operators in the northern fringe of the Niger Delta closer to zero gas flare, monetization and commercialization of their gas resources, the stability of revenue from the location of the Amukpe-Escravos pipeline, improved power supply and the attainment of the national gas plan. We are proud of our achievement.”