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The quest of the present administration of President Ahmed Bola Tinubu to instill a robust, enabling economic environment through massive gas utilization projects has undoubtedly taken significant and strategic positions across the nation.
The recent strategic investment alliance between the government of Delta State and a Nigerian Indigenous company Xenergi Limited, is one of various Gas utilization facility projects going on across the Nigerian energy sector.
The recent collaboration with an Africa-focused natural gas infrastructure Investment Company, Xenergi Limited, and the Delta State Government, in conjunction with the Delta Special Economic Zone (DSEZ), will create a formidable consortium bound to unleash a massive gas infrastructural facility base that will be christened KGG Gas Eco-Industrial Park (KGIP).
According to the partners, this strategic gas-oriented project is expected to attract global investors to Delta State to seize the great enabling business opportunity already created by the existing Kwale Gas Gathering (KGG) facilities, thereby securing world-class infrastructure and facilities essential for the development of gas-based industries and financing.
The strategic step by the Delta State government and Xenergi Limited is seen as a veritable key to the Nigerian gas vision, the realization of which is currently accelerated by the incumbent President Bola Ahmed Tinubu administration of the federal government under the Decade of Gas agenda.
Representing the Executive Governor of Delta State, Rt. Hon. (Elder) Sheriff Francis Orohwedor Oborevwori, the Secretary to the State Government of Delta State, Dr. Kingsley Emu, highlighted how crucial the KGIP is to the economic development of the state and communities.
“This partnership underscores our commitment to driving economic development and creating opportunities for our people, which aligns with His Excellency, the Executive Governor of Delta State, Rt. Hon. (Elder) Sheriff Francis Orohwedor Oborevwori’s MORE Agenda. The KGG Gas Eco-Industrial Park is a testament to the potential we have here in Delta State, and we are proud to work alongside Xenergi and its joint venture partners to bring the Governor’s vision to fruition,” he highlighted.
The Managing Director of the DSEZ, Mr. Godwin Akpovie, highlighted the role of the industrial park in attracting global partners and stakeholders.
“The KGIP stands as an emblem of progress and opportunity. We eagerly welcome investors and off-takers to experience our region’s potential. It is a clear indication of Delta State’s readiness to embrace the future of industrialization. Our economic zone is uniquely positioned to facilitate seamless investment and collaboration, ensuring that all stakeholders gain immense value from their participation,” he emphasized.
Chief Executive Officer of Xenergi, Engr. Emeka Ene, stated that the KGIP, with the support and partnership of upstream and midstream government agencies and regulators, is conceived to enhance Nigeria’s industrial capacity by pooling global investments that provide economic and commercial opportunities for all stakeholders.
“Our dedication to sustainable industrial growth aligns perfectly with the goals of this partnership. By collaborating with upstream operators, the Delta State Government, the DSEZ, and by extension, the federal government, we can collectively elevate Nigeria’s industrial capacity and provide unparalleled opportunities for local and international investors,” Mr Ene stated.
“Xenergi and her strategic partners are excited to embark on this journey with the Delta State Government and the Delta Special Economic Zone. The KGIP also supports and aligns with the federal government’s drive to accelerate gas-based industrialization with the CNG transportation initiative and the Decade of Gas program. The industrial park shall be an eco-system for gas infrastructure development, industrial efficiency, and innovation, paving the way for a new era of economic growth in the region,” he added.
The KGG Gas Eco-Industrial Park (KGIP) is to be located in Kwale, Ndokwa West Local Government of Delta State, and project is expected to engage the local communities through job creation and equipment and material supplies.