Dike Onwuamaeze
The BUA Group has signed a partnership deal with CIMC ENRIC, to establish a 700-ton-per-day mini LNG project in Nigeria.
The signing ceremony, according to a statement issued by BUA, took place yesterday at the company’s headquarters in Lagos, Nigeria.
The strategic partnership marked a significant milestone in BUA Group’s expansion into the energy sector and reaffirmed its commitment to sustainable energy solutions across its business operations.
The Chairman of BUA Group, Mr. Abdul Samad Rabiu, pledged that BUA would remain dedicated to utilising cleaner, energy-efficient sources for its operations across Nigeria in line with its short-to-long term ESG commitments and sustainability initiatives.
Rabiu further added that whilst BUA already utilises gas as a major energy source across its over 1,000MW captive power plants used for its operations across Nigeria, the mini LNG project upon completion, would enhance all-year availability of cleaner energy and support BUA’s growing industrial power demands.
He said: “We are excited about the prospects of this project and look forward to a fruitful collaboration with CIMC ENRIC.”
The agreement underscored the project’s anticipated impact on the regional energy landscape in line with the Nigerian government’s push to diversify its energy commitments.
BUA Group remained committed to investing in cutting-edge technology and infrastructure that benefits not only its operations but also the communities it serves.
BUA Group is a leading foods, mining, manufacturing, and infrastructure conglomerate in Africa with diversified interests in sectors including cement, sugar, real estate and construction, oil and gas, energy, rice, port operations and logistics.
The CIMC ENRIC is a leading manufacturer of energy equipment globally, specialising in the design, production, and servicing of equipment used in the liquid natural gas, liquid chemical, cryogenic storage and transportation sectors.
