By Abimbola Shode
The erratic nature of electricity supplyfrom the Power Holding Company of Nigeria (PHCN)has created the need for industrial and large scale consumers of electricity to resort to self-generation, utilizing natural gas or liquid fuels, to augment power supply. Natural gas is composed mainly of methane (CH4)and has some attractive properties – it is a cleaner, safer, cheaper and more reliable alternative to conventional fuels like diesel, petrol and LPFO, especially for industrial and commercial users.
Compressed Natural Gas (“CNG”) is made by compressing natural gas to less than 1% of the volume it occupies at standard atmospheric pressure. CNG can be stored in steel or composite containers at a pressure of 200–248 bar (2900–3600 psi), usually in cylindrical vessels for storage and transportation over short/medium distances (10km to 100km on average).
Why CNG for power-generation?
Why CNG for power-generation?
CNG provides a platform for meeting the gas supply needsof a captive power plant utilizing natural gaswhere the cost of connecting to a pipeline network is not economical. This may be based on the customers’ volume requirements or the distance from the gas pipeline grid.
CNG Value Chain
CNG is produced from natural gas. The typical value chain of processes that underlie the conversion of pipeline natural gas to CNG is shown below:
1. Sourcing of natural gas from the pipeline - A new spur line is constructed to connect the CNG plant location to the existing gas pipeline via the shortest route.
2. Mother Station - Natural gas supply (post filtration and metering) is then fed into dryers to remove any form of moisture from it. The gas is thereafter fed to the compressor. The compressor serves mainly to increase the pressure from the pipeline pressure to the desired pressure for CNG, in this case from 7-19 barg to 200-300barg).
3. Transportation and Storage - After the compression, the compressed gas is ready for dispensing directly to the tube trailers for transfer to the customers. When no trailers are available to load, the compressed gas shall be stored in steel cylinders, arranged in crates. These crates can be loaded directly on trailers subsequently.These trailers are then attached to truck-heads and driven to customer locations.
4. Gas fired power plant - Upon arrival at the customer location, the CNG trailer will be attached to a pressure reduction and metering station where the pressure would be reduced before it is then fed to the Gas fired plant for power generation.
Figure 3: CNG value chain
Power Generation using Natural Gas
Power generation using natural gas can be done with gas turbines or gas engines. Gas engines are preferred to gas turbines for smaller scale captive power generation because they are less expensive and more efficient. Gas engines require longer service intervals, maintenance-friendly engine design, and low fuel consumption.
Gas turbines are however useful when dealing with power generation on a scale ranging from 11MW and above. Gas turbines offer high reliability, operational flexibility and reduced emissions.For captive power generation; mono-fuel, bi-fuelor multi-fuel engine configurations are recommended depending on the requirements of the user.
The mono-fuel engine uses natural gas as its only fuel source. It is therefore able to be optimized for natural gas operation and the lowest emission results.The reduced wear and tear and reduction in maintenance and fuel costs are most significant with mono-fuel engine configurations. The major disadvantage of this engine configuration however is there is no provision for back-up in event of gas outages. There is also the added comfort of dealing with only one type of fuel.
GE Jenbacher 320 GS – 1,063KW (Single-fuel)
Bi-Fuel Engine
Bi-fuel natural gas engines are designed to run on a mixture of natural gas and a liquid fuel. The primary fuel is natural gas but they are designed to operate with the liquid fuel as a ‘pilot’ ignition source. These engines can also operate on 100% liquid fuel but not on 100% natural gas. The major advantage of having bi-fuel engine configuration is the ability to switch to a liquid fuel in the event of gas outages.
GE Jenbacher 320 GS – 1,063KW (Single-fuel)
Multi-Fuel Engine
Multi-fuel engine configuration involves the use of an engine that can run on gas and at least two other liquid fuels such as LPFO and Diesel. For any captive power solution, a multi-engine configuration is preferred to allow for load management, optimization of fuel consumption and protection against total shutdown in the event of the failure of an engine. Multiple engines running can be synchronized to give the desired output. A multi-engine configuration also makes scaling up easier when demand increases. Furthermore, both engine types can be used for cogeneration, which involves capturing waste heat for use in heating or cooling purposes. Cogeneration enhances efficiency and hence leads to increased savings on fuel costs.
Gas Network Services Limited
Gas Network Services Limited, a subsidiary of Oando Gas & Power Limited is developing a Compressed Natural Gas (CNG) Mother-station (CMS). The facility will have an initial capacity of 150mmscm/d and be constructed on land acquired at Ilasamaja in the Isolo area of Lagos State. The facility is expected to commence operations in Q4 2012. The CMS will feed tube trailers for re-distribution to prospective captive power off-takers
How do I get CNG for Power Generation?
- Provide and prepare site for CNG storage (Jumbo trailers)
- Construct internal piping for CNG delivery and off-take
- Negotiate and Agree Commercial Terms (Natural Gas Sale and Purchase Agreement).
- Execute Agreement
- Project Execution and Delivery
Contact Persons
Should you require further clarifications on CNG for power generation, please feel free to contact:
Tel: 0809 709 9504
Email: ashode@oandoplc.com
This comment has been removed by the author.
ReplyDeleteHow readily available is CNG to consumers for both power generation and automobile usage?
ReplyDeletehelpful!!!
ReplyDeleteI would like to know more about CNG and important terms used...thanks
ReplyDeleteIt is quite interesting, given that Nigeria has a high deposit of natural gas, and our propensity for future growth. Don't forget also that gas is the future's fuel. Wish I could have more info.
ReplyDeleteI really like reading through an article that will make people think.
ReplyDeleteAlso, thanks for allowing for me to comment!
ReplyDeleteDear Sir,
We are Providers of all types of BG and MTN with the best workable procedures. Our BG ranges from MT799, MT760,(Both two way confirmation), MT103/23, MT103 (Both can be one way confirmation and two way confirmation) in USD and EUROS. Issuing Bank ranges from Top world 25 banks with face value ranging from 5M EUROS/USD to IB EUROS/USD
BROKERS ARE WELCOME & 100% PROTECTED!!!
Intermediaries/Consultants/Brokers are welcome to bring their clients and cases to our attention and in complete confidence we will work together for the benefits of all parties involve
For further details contact us with the below information Thank you.
Mr.Almutairi Abdulrazaq
For further inquiries:
Contact Email : broker.mutairi@gmail.com
Skype: broker.mutairi
Interesting article! Even though, Nigeria have lots of natural resources for power generation, it is sad and bitter truth that Nigeria remains in the dark almost everyday!
ReplyDeleteSir
ReplyDeleteWe arrange Following Bank Instruments
Letter of Credit ( LC)
From Various Banks in Singapore / HongKong / Europe /USA
Used For Import / Export Business and Trade Finance .
90/180DAYS
Bank Guarantee ( BG )
Fresh Cut
Slightly Seasoned
Seasoned
Stand By Letter of Credit ( SBLC )
90DAYS / 180/ 365DAYS
Regards
Mr Ronald Rajnesh Gounder
Email: grounesh.advisory1@gmail.com
Skype ID: grounesh.advisory
We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.
ReplyDeleteFor further details contact us with the below information....
Contact : Mr. Wong Man
Email: reliablemandate@gmail.com
Skype ID: reliablemandate
I can deliver leased instruments to Organization or individuals, Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects with their preferred text verbiage as been approved by their bankers. We also proffer-sales option to interested buyers. Our terms and procedures are so flexible and workable by RWA clients. Our lease rate is (5.0 + 1)%+x%. X% IS Lessee broker's Commission and he determines his commission.If Interested kindly contact fdkadvisory@gmail.com
ReplyDeleteThank you
Fazliq
ReplyDeleteDear Sir/Ma,
We have direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease. Our bank instrument can be engaged in PPP Trading, Discounting, Signature Project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, Construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer neither do we get involved in chauffer driven offers. We deliver with time and precision as set forth in our agreement. Our terms and Conditions are reasonable, below is our instrument description.
DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG/SBLC)
2. Total Face Value: Min of 1M Euro/USD (One Million Euro/USD) to Max of 5B Euro/USD (Five Billion Euro/USD).
3. Issuing Bank: HSBC, London or Deutsche Bank Frankfurt or any Top 25 WEB
4. Age: One Year, One Day
5. Leasing Price: 5.0% of Face Value plus (0.5+X)% commission fees to brokers.
6. Delivery: Bank to Bank SWIFT.
7. Payment: MT-103.
8. Hard Copy: Bonded Courier within 7 banking days.
Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.All relevant business information will be provided upon request.
If Interested kindly contact me via Email:~ bgjan.farnholt@gmail.com
Skype ID: bgjan.farnholt
Jan Jacob Farnholt
Dear Partner,
ReplyDeleteWho we are and what we do...
We are UK based Financial Services company, we write to introduce our company as financial and investment brokers. Our company can assist you in seeing opportunities, securing project and investment loan funding, bank instruments (Bank Guarantee (BG), Standby Letter of Credit (SBLC)) to aid you secure funds appropriately from any global AAA+ rated banks or top investment house to fund your projects from mid- range to massive projects any where in the world.
Our area of specialisation focuses more on helping our clients with securing investment loan and leasing bank instrument (BG or SBLC) from AAA+ rated banks.
Contact us today if you have projects that require funding from 1M - 5B and we will be more than glad to advise and work with you.
Mr Ronald Rajnesh Gounder
Email: grounesh.advisory1@gmail.com
Skype ID: grounesh.advisory
Good Day,
ReplyDeleteAre you in need of financial assistance? Have you thought of obtaining a loan? Probably you have been turned down by your local banks in quest of getting a loan. Search no further, we are currently offering long and short term loans to the public at large. We can help you with a loan at a very low interest rate.Email us Now zumaloans@mail.com or zumaloans@gmail.com
ReplyDeleteFinding a genuine provider of financial instrument is very challenging but we are certified Financial Instrument providers in United Kingdom. Presently, we only focus on BG/SBLC for Lease and Sale transactions. However, our Lease BG/SBLC is 6+2% and Sale at 40+2%.
Should you find this interesting and acceptable? Kindly, contact us and we shall review and respond with draft Contract/MOU within 48hrs maximum.
Please request for full procedure details if interested.
For further inquiry contact:
Mark Andrew
Skype:andrewmark1996
Email:andrewmarkhill360@gmail.com
We are direct providers of fresh cut bg, sblc, mtn, bonds and cds which we have specifically for lease. we do not have any broker chain in this offer or get involved in chauffer driven offers. you are at liberty to engage our leased instruments into trade programs as well as in other project(s) such as aviation, agriculture, petroleum, telecommunication, construction of dams, bridges and any other project(s) etc you can use these bank instruments for private placement platforms, commercial loan, business loans, credit lines and much more.
ReplyDeleteFor further details contact us with the below information....
Contact : Mr. Wong Man
Email: reliablemandate@gmail.com
Skype ID: reliablemandate
We specialized in Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD}
ReplyDeleteas well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche
Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the
face value of the instrument needed.
We deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our
instrument description. The procedure is very simple; the instrument will be reserved on euro clear to be verified by your
bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the
Bank Guarantee will be paid after the delivery of the MT760. Below is our instrument description.
DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A)
2. Total Face Value: Eur 5M MIN and Eur 10B MAX (Ten Billion USD).
3. Issuing Bank: Barcley's Bank , HSBC Bank London, Credit Suisse and Deutsche Bank Frankfurt.
4. Age: One Year, One Month
5. Leasing Price: 4% of Face Value plus 2% commission fees to brokers.
6. Delivery: Bank to Bank swift.
7. Payment: MT-103 or MT760
8. Hard Copy: Bonded Courier within 7 banking day.
All relevant business information will be provided upon request plus our terms and procedures.
If you are interested please contact me for us to proceed further.
Regards
Name:Jason Burt
Email:jasonburt0082@gmail.com
Skype:jasonburt
Fresh Cut BG / SBLC, MTN Specifically for Lease @ (6.0 + 0.5 + X)%. Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected We are direct to a provider for BG/SBLC specifically for lease, at leasing price of (6.0 + 0.5 + X)% of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.
ReplyDeleteOur BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding: For further details contact us with the below information.
Contact : Mr. Benard butty
Contact: bgfinance.butty@gmail.com
Skype ID: bglease.butty
We specialized in Bank Guarantee {BG}, Standby Letter of Credit {SBLC}, Medium Term Notes {MTN}, Confirmable Bank Draft {CBD} as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed.
ReplyDeleteWe deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our instrument description.
The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee will be paid after the delivery of the MT760.
DESCRIPTION OF INSTRUMENT:
Instrument: Bank Guarantee (BG/SBLC).
Total Face Value: Minimum of 1M Eur/USD (One Million Eur/USD) to Maximum of 5B Euro/USD(Five Billion Eur/USD).
Issuing Bank: HSBC London, Barclays Bank, Deutsche Bank Frankfurt, Hong Kong, Any AA rated Bank in Europe or any Top 25 WEB.
Age: One Year, One Day
Leasing Price: 5% of Face Value plus 2% commission fees to brokers.
Delivery: Bank to Bank SWIFT.
Payment: MT-760.
Hard Copy: Bonded Courier within 7 banking days.
All relevant business information will be provided upon request plus our terms and
procedures.
Name :Will Hector
Email:hectorwill45@gmail.com
Skype:hector.will45
We offer fresh cut bank instrument for lease, such as BG, SBLC, MTN, Bank Bonds, Bank Draft, T strips and others. Leased Instruments can be obtained at minimal expense to the borrower compared to other banking options. This offer is opened to both those and corporate bodies.
ReplyDeleteWe are RWA ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact us via email:
All relevant business information will be provided upon request. If Interested kindly contact me via Email:~
Mr. Senthil Kumah
Email: sksam.advisor@gmail.com
skype: butty.bernard
We have BG/SBLC, specifically for BUY/LEASE at a leasing price of 4% 2% of face value
ReplyDeleteIssuance by HSBC London and many other 25 top AA rated Bank in Europe, Middle East or USA.
We also secure funding, project loans and Personal loans for 2.5% APR.
FOR LEASING OF BG/SBLC
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
LEASING FEE = 4%+2%
FOR PURCHASE OF FRESH CUT BG/SBLC
PRICE = 32%+2%
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100%
protected. In complete confidence, we will work together for the benefits of all parties
involved.
Contact Email: inquiry.firstchoice@gmail.com
skype:contact.firstchoice
Finding a genuine provider of financial instrument is very challenging but we are certified Financial Instrument providers in United Kingdom. Presently, we only focus on BG/SBLC for Lease and Sale transactions. However, our Lease BG/SBLC is 6+2% and Sale at 40+2%.
ReplyDeleteShould you find this interesting and acceptable? Kindly, contact us and we shall review and respond with draft Contract/MOU within 48hrs maximum.
Please request for full procedure details if interested.
For further inquiry contact:
Diderot Denis
Email:diderotdenis20@gmail.com
Skype:diderotdenis20@gmail.com
ReplyDeleteWe are direct provider for BG/SBLC specifically for lease, at leasing price of (3.0 + 0.5 + X)% of face value, Issuance by HSBC London / Hong Kong or any other AA rated Bank in Europe, Middle East or USA.
Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding : For further details contact us with the below information.
Name: Mr. Simone Zacchino
Email: bgbroker.chino@gmail.com
Skype ID: bgbroker.chino
We are sincere Government well registered and certified private moneylender permitted to render financial assistant to individual and cooperate bodies, ranging from the Amount of $5,000 to $10,000,000 Million Dollars ,Euro and Pounds with long loan repayment period of 1 year to 30 years. Loan Available now are Business, Personal, House,Travel and Student Loans. Apply for a loan today. Its Easy and fast to get at 4% interest rates and monthly installment payments. Check-out this great offer. If you are interested do get back us with these information,Your Name: Address:City:Country:Phone:Amount Needed:Loan Duration: Contact via email.fastneasservice22@muslim.com
ReplyDeleteDo you need a loan from The most trusted and reliable company in the world? if yes then contact us now for we offer loan to all categories of seekers be it companies or for staff usage. We offer loan at 3% interest rate, Contact us via email bayportfinancierservice@yandex.com for details.
ReplyDeleteWe are Providers of all types of BG and SBLC with the best workable procedures. Our BG/SBLC ranges from MT799, MT760,(Both two way confirmation), MT103/23, MT103 (Both can be one way confirmation and two way confirmation) in USD and EUROS. Issuing Bank ranges from Top world 25 banks with face value ranging from 1M EUROS/USD to 5B EUROS/USD
ReplyDeleteBROKERS ARE WELCOME & 100% PROTECTED!!!
Intermediaries/Consultants/Brokers are welcome to bring their clients and cases to our attention and in complete confidence we will work together for the benefits of all parties involve
For further details contact us with the below information Thank you.
Contact Person: Mr. Tommy Champion
Email: trustco.financeplc@gmail.com
Skype ID: trustco.financeplc
We offer certified and verifiable bank instruments via Swift Transmission from a genuine provider capable of taking up time bound transactions.
ReplyDeleteFOR LEASING OF BG/SBLC
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
LEASING FEE = 4%+1%
FOR PURCHASE OF FRESH CUT BG/SBLC
PRICE = 32%+1%
MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
Contact Name: SILKE CHRISTA CERVENY
Email: inquiry.dcifinancial@gmail.com