The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has said that the process for the construction of 650 kilometres northern gas pipeline that would run from Ajaokuta in Kogi State to Kano has begun.
Speaking at the 2017 edition of the annual Society of Petroleum Engineers (SPE) Oloibiri Lecture Series and Energy Forum (OLEF), Dr. Maikanti Baru explained that the corporation has tendered and was expecting contractor financiers to take up the construction of the project.
The tender process for the project will be concluded at the end of June this year.
In his words, “The Ajaokuta-Abuja-Kaduna-Kano pipeline is currently on tender. This project would soon be awarded under a contractor-financing scheme. The pipeline is a typical example of public private partnership and it is being tendered and would be funded by partners who would recover their investments from the operations of the pipeline,”
The mega project is expected to take off from and run through to Abuja from where it would be run to three northern cities including Kaduna, Zaria and Kano.
All things being equal, this project when completed will in no doubt aid gas generating companies in their operations and invariably leads to increased power supply in the country.
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