GE, GELUL sign agreement to power Port Harcourt refinery

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.