Bamidele Visits Green Energy Stand at OTC Conference

The  Senate Leader, Senator Opeyemi Bamidele, has pledged  the commitment of the National Assembly to support the Nigeria indigenous oil and gas companies to achieve increased production  and maximise the potential of the industry in the overall interest of the Nigerian economy.
Speaking while leading a delegation of the Senate on a visit to the exhibition stand of  Green Energy International Ltd (GEIL) at the ongoing Offshore Technology Conference OTC in Houston Texas USA, Senator Bamidele commended the company for the innovative development of the Otakikpo Marginal Field in constructing a LPG extraction plant within a record time.

On the delegation was the former Governor of Kebbi State, Senator Adamu Aliero, Senator Cyril Fasuyi , Senator A Karimi,  amongst others
According to Bamidele, what the delegation observed at the pavilion convinced them that indigenous companies like Green Energy needed to be supported to boost the much needed investment in the oil and gas sector adding that the delegation would make necessary recommendations  in enhancing the capacity of indigenous oil companies.

He described the accomplishments of Green Energy International Ltd in the short period of its existence as a huge success.
Conducting the Senators round the pavilion, the Chairman of the company, Prof. Anthony Adegbulugbe, stated that the company developed the LPG plant as a strategic Gas Utilisation project towards  ending gas flares  and converting the gas  for domestic use,  gas to power and others.

He said the project at the Otakikpo Marginal Field, was the first  modular liquefied Petroleum Gas  alongside  a gas fired  20 MW capacity power generation  plant. At present the first phase of 6 MW gas fired power plant is in operation.

He also  briefed the delegation of the ongoing strategic alliance with the Atlantic  Terminal Infrastructure Ltd to construct an Onshore terminal, the first indigenous terminal infrastructure to provide evacuation opportunities for many stranded oil fields in the Niger Delta. When completed, he said the terminal will lead to increased oil production in line with the Renewed Hope Agenda of the present administration.

When inaugurated, it will be the first oil export terminal constructed by an indigenous company and the first to be built in Nigeria  in 50 years, after Bonny Terminal was inaugurated.

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