Mission
To harness energy resources for the benefit of all stakeholders
Vision
To be the leading and most innovative energy company in our chosen market.
Gaslink Nigeria Limited is an indigenous company established to promote gas distribution and utilization in Nigeria. The company, a full-fledged subsidiary of Oando Gas and Power is operating a 20-year Gas Sale and Purchase Agreement (GSPA) with the Nigeria Gas Company. Gaslink is the pioneer and one of the few companies in Nigeria involved in the piping and distribution of natural gas to industrial, residential and commercial consumers.
Motivated by the vision to be the “Leading Energy Company in its chosen markets”, Gaslink bundles various capabilities, acquired from years of experience in delivery of natural gas, and avails them to a broad spectrum of end users. This way, it offers a complete energy solution to its customers with a commercially attractive bottom-line.
Pipeline Network
Gaslink has to-date constructed a 99.4km pipeline network from the Nigerian Gas Company (NGC) City Gate to cover Ikeja and other industrial clusters in the Greater Lagos Area. At present, the distribution network has the capacity to deliver 70 million standard cubic metres of natural gas per month.
Services
Gaslink Nigeria Limited provides a broad range of additional services for its natural gas consumers. These include:
- Project Management
- Front End Engineering Design
- Pipeline Construction
- Consultancy Services
East Horizon Gas Company (EHGC)
East Horizon Gas Company (EHGC), a subsidiary of Oando Gas & Power, was established as a project company to undertake the supply of natural gas to the United Cement Company of Nigeria Limited (UNICEM), located in Calabar, Cross Rivers State.
UNICEM is a joint venture company set up by Flour Mills Nigeria, Orascom Industries and Holcim International to build a $350million Cement plant with a production capacity of 2.5million metric tonnes per year.
The primary fuel for the plant will be Natural Gas, supplied by EHGC and sourced from the Nigerian Gas Company (NGC). The Federal Government and the Nigeria National Petroleum Corporation (NNPC) have given their approval for the gas supply project on a Build Operate and Transfer (BOT) basis with NGC.
The gas supply project includes construction of a gas supply line from the existing Obigbo-ALSCON pipeline at Ukanafun to the Cement Plant Site at Mfamosing. The total distance of 124km through land, swamp and water will be covered using 18inch line pipes.
The construction project will be executed following international best practices of quality and safety standards and is expected to be completed during the 4th quarter of 2008. Upon completion the pipelines will deliver 22 million standard cubic feet per day (mmscf/d) initially, increasing to 50 mmscf/d by the third year of operation.
Power Venture
Oando’s Power division is positioned to capitalize on Oando Plc's industrial customer base and Gaslink’s exclusive gas distribution in the Greater Lagos Area to provide reliable power to customers.
The power division was set up to carve a niche in Nigeria’s Electricity Supply Industry, providing reliable, good quality power supply to industrial customers. Oando Power’s value proposition is to take away the need to generate power by industrial customers thus enabling them to focus on their core businesses.
Presently, the Nigerian electricity supply sector is dominated by the state-owned Power Holding Company of Nigeria (PHCN). However, due to chronic problems affecting the industry such as lack of infrastructure maintenance, vandalism and theft, PHCN (formerly known as National Electric Power Authority) has been unable to provide the adequate capacity required to satisfy the country’s needs and will eventually be privatised under the Electric Power Sector Reform Act (EPSRA).
Nigeria also faces a serious energy crisis due to declining electricity generation from domestic power plants. Power outages are frequent and the sector operates well below its estimated capacity. The country is presently one of the world’s biggest markets for stand-by generators, indicating that there is a ready market for any additional electric power generation. This creates a huge opportunity for investors in a restructured Nigerian Energy Market both for electricity generators and marketers. Oando’s power division is poised to take advantage of the opportunity.
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