USTDA Grant Supports Clean Energy Distribution in Nigeria
September 26, 2012
(USTDA)
LAGOS, NIGERIA – Supporting the development of compressed natural gas (CNG)
infrastructure in Nigeria is the goal of a U.S. Trade and Development Agency
(USTDA) grant awarded today to Oando Gas & Power Limited. The grant will
fund a feasibility study to evaluate the viability of developing large-scale CNG
refueling infrastructure in Lagos State, made possible because of Nigeria's
growing pipeline network. The new infrastructure would include the construction
of numerous refueling stations across the state as well as vehicle maintenance
and repair facilities. The study will also provide an analysis of policy and
regulatory issues surrounding development.
"The completion of this project will play a critical role in the Government of
Nigeria's efforts to broaden and deepen the country's domestic market for
natural gas," said Consul General Hawkins. "This USTDA-funded initiative also
holds the potential to generate significant U.S. exports of goods and services
as well as build business relationships between U.S. industry and Nigeria's
leading gas company."
The $494,000 grant was signed in Lagos by U.S. Consul General Jeffrey Hawkins on
behalf of USTDA and by Mr. Bolaji Osunsanya, Chief Executive Officer of Oando
Gas & Power.
Oando Gas & Power Limited owns and operates Nigeria's largest natural gas
distribution network, with approximately 62 miles of pipeline already present in
Lagos State and another 80 miles in progress. The company has identified the
opportunity to develop the large-scale CNG infrastructure in order to provide
cleaner and cheaper fuel to private and commercial vehicles throughout the
region.
The opportunity to conduct the USTDA-funded feasibility study for Oando Gas
& Power will be competed on the Federal Business Opportunities (FBO)
website. A link to the FBO announcement will be posted to USTDA's website at www.ustda.gov. Interested U.S.
firms should submit proposals according to the instructions in the FBO
announcement.
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