Wärtsilä Guaranteed Asset Performance agreement will ensure essential reliability for Senegal power plant

The Wärtsilä Flexicycle™ power plant will operate with seven Wärtsilä 50 engines. It combines the advantages of a flexible simple cycle operation with the outstanding efficiency of a combined cycle plant. The agreement will provide operational reliability with scheduled maintenance and spare parts, as well as heat rate and power output guarantees after major overhauls.

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How Nigeria can end rising crude oil theft

In 2020, the Nigerian Extractive Industry Transparency Initiative (NEITI) said Nigeria’s loss to crude oil theft stands at $4.19 billion yearly. Reportedly, Nigeria is losing over 300,000 barrels of crude oil per day to oil theft, vandalism and other related criminal vices in the country. The implications, according to reports released by NEITI include loss of revenue, environmental disaster, a threat to regional peace and security, the proliferation of arms and a poor investment climate.

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Azura MD: Why electricity privatisation is not yielding expected results

“Nigerians have always taken electricity as a social product which should not be paid for. It is difficult to pinpoint when, exactly, this attitude emerged; but it stands to reason that as electricity from the grid became increasingly unstable (and so served as a back-up power source to most people rather than their primary source), people stopped paying for a product they were not receiving,” Okeke said.

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