Nigeria's Oando to truck compressed gas to industries

Bolaji Osunsanya, CEO, Oando Gas & Power

Oando Plc, a Nigerian energy company, is building a business to truck natural gas to industrial users whenever they are cut off from pipeline supply, an executive said.

“We’re basically creating a market for the future,” Bolaji Osunsanya, chief executive officer of Oando Gas & Power Ltd., said in a May 19 phone interview from Lagos, the commercial capital. “Markets that otherwise you won’t have been able to use pipelines to serve, today it is possible to truck compressed natural gas there.”

Oando is investing $36 million to build three gas-compression plants in the country’s southern industrial belt within a year to produce 20 million cubic feet of gas a day initially, and then increase capacity as demand rises, he said.

Read more: Oando Nigeria Plans to Truck Compressed Gas to Industries – Bloomberg Business