Greater Lagos gas distribution pipeline

active

In 1999 state owned Nigerian Gas Company (NGC) awarded a 20 year gas sales and purchase agreement to mixed company Gaslink Plc., allowing it to distribute gas to industrial, commercial and domestic customers in the Greater Lagos region. Gaslink was to design, finance, build, maintain and operate for 20 years a distribution network covering Ikeja, Agege, Ilupeju, Matori, Oshodi, Isolo, Amuwo-Odofin, Iganmu, Ijora, Apapa and adjourning areas. Gaslink purchased gas from NGC at the City Gate station. In 1999 the largest shareholder in Gaslink Plc was Unipetrol Nigeria Limited, a 60% privately held company. In 2000 the Nigerian government divested its 40% stake in Unipetrol. In 2002 Unipetrol acquired a 60% stake in Agip Petrol Nigeria Limited (Agip). In December 2003 Unipetrol merged with Agip and rebranded itself as Oando Plc. At the end of 2006 Oando owned a 52% stake in Gaslink, with no other shareholder holding a stake of 15% or larger. Gaslink built its distribution network in a number of phases. In March 2001 the company started construction on Ikeja 1A, an 11.2 kilometer pipeline network with a capacity to deliver 15 million standard cubic feet of natural gas per day (mmscf/d) from the Nigerian Gas Company’s City Gate to Oba Akran, Lateef Jakande and Acme Road, all within the Ikeja industrial scheme. The second expansion phase, completed by early 2004, was called Ikeja 1B, and consisted of a gas line with a capacity to deliver 5 mmscf/d to companies within Oregun through to Mobolaji Bank Anthony Way, Ikeja. In 2004, Gaslink planned further expansion of its pipeline network with the commissioning of the Greater Lagos II pipeline, an 84 kilometer distribution line designed to deliver a throughput of 65mmscf/d through Ojota, Isolo, Amuwo Odofin, Ilupeju, Matori and Isolo. Phase three was completed by early 2006. In April 2006 construction started on the Greater Lagos III phase, which on completion was to deliver 1.809 mmscf/d to the Apapa industrial area. Cumulative investments in the gas network were estimated at $55 million. From the start of operations to 2006 most Gaslink customers were businesses. Local businesses could apply at any time to get connected, so this was not a captive network. Since this is a greenfield, not a concession, I used the date when construction started for phase one, not the date the contract was awarded. None