May 1, 2024

Gasco Marine acquires 20,000scm capacity CNG tube skids, increases gas delivery to industries, power plants

Oredola Adeola

GasCo Marine Limited has acquired two (2) ultra-modern Type-2 Compressed Natural Gas (CNG) tube skids with a total carrying capacity of 20,000 standard cubic feet (scm), as part of measures to deliver more gas to new customers in locations where gas pipeline infrastructure is lacking.

This was contained in an official statement released by the company and obtained by EnergyDay on Monday.

GasCo Marine Limited, a Viathan company, is one of Nigeria’s leading natural gas distribution companies, operating a pipeline technology including virtual pipeline serving areas with no gas access in the South-West, South-South and Northern regions, supplying CNG to power plants, industries and haulage sectors.

 

According to the company, the acquisition of the new skids was in alignment with the target to increase Gasco’s investment in Nigeria’s gas infrastructure sector, with commitment to achieving its mission to accelerate utilisation of natural gas in Nigeria.

EnergyDay gathered that the two skids, two (2) ultra-modern Type 2 Compressed Natural Gas (CNG) skids, were delivered to the company in February 2023.

“The Type 2 skids were custom designed by the original equipment manufacturer (OEM) to match the unique specifications of Gasco Marine,

“These skids are the first of their kind in Nigeria’s gas industry and are a testament to Gasco Marine’s commitment to going the extra mile in reaching its users.

“The skids each have a carrying capacity of 10,000 scm of CNG. They are also stronger and lighter than regular Type 1 skids, due to the steel-lined composite materials from which they are made.

“The new skids enable GasCo Marine to deliver more gas to new customers in locations where gas pipeline infrastructure is lacking.

“This acquisition will enable more businesses to switch from diesel to gas and enjoy the benefits of CNG. which is cheaper, safer, and cleaner than diesel,” the statement revealed.

Habeeb Alebiosu, Viathan’s Group CEO and Co-founder, during the formal inspection of the skids said, “The addition of the Type 2 skids to Gasco Marine’s fleet is part of the ongoing execution of our plans to increase access to clean energy in Nigeria.

“We remain committed to our vision, and we will continue to invest in the requisite infrastructure and technology to enable us to deliver reliable and cost-effective gas to our customers,” Viathan’s Group CEO said.

Mr. Segun Ogunwumi, Managing Director of Gasco marine, described the skids addition as a game changer for our operation and for the gas space in Nigeria as we are now better placed to serve customers outside our traditional areas of operation.

He added that the new facilities will positively impact the sustainability and profitability of key industries and ultimately cheaper products for consumers, adding that it is a “win-win for all”.