Investor Presentaiton
Energy: Sector goals
Subsector 2018
Power
Oil & Gas
Increase efficiency of existing power
infrastructure - increase load factor,
decrease losses in transmission, as
well as distribution, billing and
collection
■ Revamp and expand transmission
network to match capacity increase in
generation
Grow generation capacity by ca.
4.5 GW per annum
ca. 70% gas,
-
30% hydro and other sources
■ Increase human capacity through
improved quality and quantity of
training
Revamp existing refineries and build
new refining capacity
Ensure adequate gas supply for power
generation needs
■ Reduce theft, vandalism and oil spill
Increase oil & gas production and
reserves
■ Increase local content and human
capacity
■ Grow oil & gas based petrochemical
manufacturing capacity
2023
Ramp up and stabilize capacity
additions at very high rate of
8-10 GW per annum
Expand the national grid in line
with capacity addition and
implement smart grid
technologies
Develop hydro and other
renewable generation capacity
to maintain 70:30 fossil fuels to
renewable ratio
Develop human capacity
Increase local refining capacity
to fully meet national demand
Increase gas production,
handling and transport capacity
in line with power sector needs
Increase oil & gas reserves and
production
Zero oil/crude theft and minimal
oil spill
■ Promote use of sustainable
fuels
Link to regional gas network
2043
consumption losses to
■
Reduce transport and
global standards
"
Increase share of
■
■
■
renewable energy to 35%
Export electricity to other
ECOWAS countries
Increase production and
refining capacity in line
with national demand
growth
Reduce Green House
Gas emissions to be in
line with the Kyoto
Protocol
Eliminate operation-
related oil spill
Align with global health
and safety practices
SOURCE: Energy TWG
50
50View entire presentation