Accugas Denies Responsibility for A’ Ibom Power Outage

Accugas Limited, a subsidiary of Savannah Energy, has refuted claims suggesting its involvement in the power outage affecting Akwa Ibom State.

In a statement, the company linked the power disruption to a fault in the 132-KV Aba-Itu transmission line, which is hindering the flow of electricity from the National Grid into the state.The company, which   reaffirmed its commitment to work closely with the state government on its  economic development agenda, has therefore  urged the immediate restoration of the transmission line to resolve the issue.

According to the statement, as the sole gas supplier to Ibom Power Company (IPC) since 2014, Accugas plays a vital role in powering IPC, one of 23 thermal generation companies supplying energy to the National Grid. 

The grid, in turn, distributes electricity nationwide via electricity distribution companies (Discos).

Accugas explained   its significant contributions to Nigeria’s energy sector, noting that it supplies gas for approximately 20 per cent of the country’s thermal power generation.

It said that  alongside other Savannah Energy subsidiaries,  it has  invested over $1.5 billion in gas development projects in Akwa Ibom State.

Notably, Savannah Energy recently invested $45 million in a gas compression project at Accugas’ Uquo central processing facility in Esit Eket. The company also highlighted its commitment to various social investment initiatives within the state, restating its  dedication to Akwa Ibom’s economic growth and prosperity.