Egbin Power Plc, operator of Nigeria’s largest electricity generation plant, plans to upgrade the aging facility and seek more gas to boost output, Chief Executive Officer Mike Uzoigwe said.
The Middle East and North Africa (MENA) countries are set to invest about $755 billion in energy projects over the next five years despite plunging oil prices, according to a report.
Egyptian Natural Gas Holding Company’s (EGAS) dues from the Ministry of Electricity have significantly increased to amount to roughly EGP 53 billion in exchange for the gas that electricity generation stations obtain.