GE, GELUL sign agree­ment to power Port Harcourt re­fin­ery

Daily Trust - - BUSINESS -

GE’s power ser­vices has signed a mul­ti­year ser­vice agree­ment (MYA) with GEL Util­ity Lim­ited (GELUL) and Gen­e­sis Power & En­ergy So­lu­tions to sup­port the power gen­er­a­tion re­quire­ments of the Port Harcourt Re­fin­ery.

The 12-year MYA in­cludes the pro­vi­sion of parts, spares, re­pairs and ser­vices over two ma­jor in­spec­tion cy­cles for three units of GE’s TM2500 aeroderiva­tive gas tur­bines in­stalled at the plant site in March 2015.

“We are pleased with this unique trans­ac­tion ex­pe­ri­ence with GE, which will help our es­teemed cus­tomer, the Nige­rian Na­tional Pe­tro­leum Cor­po­ra­tion (NNPC), to ac­com­plish the sched­uled out­ages of our as­sets at the Port Harcourt Re­fin­ing Com­pany, while also in­creas­ing sig­nif­i­cantly our sav­ings in main­te­nance through­out the du­ra­tion of the agree­ment,” chair­man, Gen­e­sis En­ergy Hold­ing, Ak­in­wole Omo­bo­ri­owo II, said in a state­ment.

Ex­ec­u­tive Sales Di­rec­tor for GE Power Ser­vices, Sub-Sa­ha­ran Africa, Naren­dra As­nani said, “This ser­vice agree­ment is cru­cial to help im­prove power sup­ply for the con­stant pro­duc­tion of one of the na­tion’s lead­ing fa­cil­i­ties.”

The re­fin­ery, which spe­cial­izes in the re­fin­ing of crude oil into pe­tro­leum prod­ucts, will have an op­ti­mal sup­ply of the power it needs to run its plant re­li­ably and ef­fi­ciently.

With pro­duc­tion ca­pac­ity cur­rently at ap­prox­i­mately 210,000bpd, Port-Harcourt re­fin­ery which is also the coun­try’s largest op­er­a­tional re­fin­ery, needs a con­stant sup­ply of power with no room for down­time to the fa­cil­ity and its op­er­a­tions.

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