Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC) and MPN Joint Venture, have announced the signing of a Seller’s Representative Agreement (SRA) for the Qua Iboe Power Project, located at Mobil’s Qua Iboe terminal in Akwa Ibom State.
The project will includes the construction of a 500mv power plant and a 56-kilometre transmission line connecting the plant to the National grid at Ikot Abasi, in Akwa Ibom State.
It was gathered that the Environmental Impact Assessment (EIAs) and the Front End Engineering Design (FEED), for this project have been completed. However, the commercial tenders for Engineering, Procurement and Construction (EPC) were almost concluded.
Also speaking on the agreement, the Managing Director of Mobil Producing Nigeria, Mr. Mark Ward, said the project “is a tangible demonstration of MPN’s commitment to Nigeria and supports the president’s priority of providing electricity to the country.”
Similarly, the Power Plant will provide 330kV export power to the National grid.