Optimera Energy LFZ Enterprise says it is set to deliver the $30m Lagos free zone natural gas distribution facility by the second quarter of 2025.

Incorporated in 2022, Optimera Energy, an indigenous consortium comprising Falcon Corporation Limited, FHN Gas Limited, and ND Western Midstream Limited, executed a 20-year Gas Infrastructure Development Agreement with the Lagos Free Zone Company for gas distribution within the zone.

A statement by the Founder and Managing Director of Falcon Corporation Limited, Prof Joe Ezigbo, disclosed that the project is at a 90 per cent completion stage with over $30m investment committed to date.

According to him, the project is crucial to Falcon’s long-term vision of creating an integrated gas supply network that supports economic growth, industrialisation, and energy security.

“We plan to commission the facility for the first gas delivery in Q2 2025, following completion of FEED and Detail Engineering designs including the process of obtaining relevant permits and approvals. This collaboration leverages decades of experience and extensive gas resources to ensure a steady and reliable supply of energy to the Zone,’’ he stated.

Ezigbo noted that Nigeria’s economic landscape is undergoing a transformative shift, with energy security at the heart of its next phase of growth.

He explained that reliable, sustainable energy is no longer a luxury but a foundation for industrial expansion, job creation, and economic resilience.

The Falcon Corporation boss noted that Optimera Energy LFZ Enterprise is at the forefront of this transition, bridging the energy gap by delivering clean, cost-effective, and efficient natural gas solutions to power industries and communities.

The gas infrastructure project consists of a 25 million standard cubic feet per day City Gate Station, scalable to 100MMScf/day, together with necessary ancillary infrastructure.

The infrastructure includes 10km distribution lines within the zone as well as a 6.5km x 10 inches gas pipeline from the Escravos – Lagos Pipeline System tie-in point in the Lekki corridor outside the zone to Optimera City Gate Station at the Lagos Free zone.


https://punchng.com/optimera-plans-30m-gas-plant-in-lagos-free-zone/