The delay in the construction of the multibillion dollar upstream gas supply projects to feed Chevron’s Agura Power Plant, ExxonMobil’s Qua Iboe Power Plant and Total’s Obite Power Plant has delayed the projects, which were conceived by the administration of former President Olusegun Obasanjo as part of the efforts to monetise Nigeria’s gas resources, reduce flaring and boost electricity generation.
Investigation revealed that out of the five power plants Obasanjo’s administration had planned to be constructed by the joint venture companies between the Nigerian National Petroleum Corporation (NNPC) and the international oil companies (IOCs), only Shell’s Afam VI Power Plant in Rivers State and the Nigerian Agip Oil Company (NAOC)’s Okpai Power Plant in Delta State were constructed.
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