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Nigeria’s Oando Opens Gas Link to Supply Industry, Utilities

Oando Plc (OANDO), which is building a gas pipeline network in sub-Saharan Africa, said it opened a 128 kilometer (80 mile) stretch in Nigeria’s southeast to supply industry and power stations.

The pipeline can ship 100 million standard cubic feet of gas a day, the Lagos-based company said today in an e-mailed statement. That’s about 2.8 million cubic meters a day, according to Bloomberg calculations.

The link will supply 22 million cubic feet of gas a day to Unicem, a cement maker owned by Flour Mills of Nigeria Plc (FLOURMIL), Holcim Ltd. (HOLN) and Lafarge SA. (LG) Oando is building the biggest gas pipeline network in sub-Saharan Africa, its website says.

To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja at ebalagbogbo@bloomberg.net

To contact the editor responsible for this story: Dulue Mbachu at dmbachu@bloomberg.net

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