WAPCo seeks new gas supply from Lagos oil field

WAPCo seeks new gas supply from Lagos oil field

The West Africa Pipeline Company Limited has said it is looking to capture new gas supply from Nigeria, with a focus on the Aje field offshore Lagos, as part of its key interventions to reposition the company for the dynamic market landscape, The Punch reports.

WAPCo is the operator of the $1bn West African Gas Pipeline, which was built to supply natural gas from Nigeria to customers in Benin, Togo and Ghana. The Managing Director, WAPCo, Mr. Walter Perez, who spoke in Lagos at a business forum organised by the Nigerian Gas Association, said the company was also seeking increased supply from the Escravos-Lagos Pipeline System.

He disclosed that the transition to a bi-directional pipeline system from a uni-directional system was meant to increase capacity and accommodate new entry points amid significant unmet demand along the WAGP market. He said the growing market in the sub-region had seen Ghana, Togo, and Benin compete with Nigeria’s domestic gas market for new Nigerian supply.

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