Savannah’s Nigerian midstream gas business has signed an addendum to its 2020 gas sales contract with FIPL, which could see gas sales increase from up to 35 mmcfd to up to 65 mmcfd in order to supply two additional power plants in Rivers State. These incremental gas volumes can be delivered at minimal cost to Savannah and will help optimise its underutilised Nigerian midstream gas infrastructure. Accugas total revenues from gas sales have grown at a 15% CAGR over the past five years, and today’s ....
22 Apr 2022
Savannah Energy - Nigerian gas sales contract increase
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Savannah Energy - Nigerian gas sales contract increase
Savannah Energy Plc (SAVE:LON) | 26.4 0 0.0% | Mkt Cap: 346.7m
- Published:
22 Apr 2022 -
Author:
Jonathan Wright -
Pages:
4
Savannah’s Nigerian midstream gas business has signed an addendum to its 2020 gas sales contract with FIPL, which could see gas sales increase from up to 35 mmcfd to up to 65 mmcfd in order to supply two additional power plants in Rivers State. These incremental gas volumes can be delivered at minimal cost to Savannah and will help optimise its underutilised Nigerian midstream gas infrastructure. Accugas total revenues from gas sales have grown at a 15% CAGR over the past five years, and today’s ....