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COURTESY CALL TO MEDIA TRUST ON THURSDAY, 3RD JUNE 2021

Gas Aggregation Company Nigeria paid a courtesy visit to Media trust on Thursday at their head office at Utako. The team was received by Media Trust’s CEO, Mallam Mamman Nura Daura, and Ahmad Shekarau, General Manager of Business and Strategy. The meeting aimed to solicit support and collaboration from Media Trust in publicizing the AKK Forum. GACN in its quest for corporate visibility appealed to Media Trust to massively advertise the event as it is structured to deliver optimum media publicity to ensure the success of this strategic gas sector value expansion. The meeting was a success as both parties immediately came to terms and assured each other of full collaboration and partnership.  The CEO of GACN, Mr. Olalekan Ogunleye, expressed his delight at the opportunity given to GACN by Media Trust in partnering with them to enhance their business objectives by leveraging on the AKK forum to make GACN soar to excellence in the Gas sector. Mallam Mamman Daura opined that Media Trust is honored to be part of this industrial achievement that will promote and ease commercial activities for the targeted population in creating more job opportunities in the AKK states and its neighbors.

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Articles  ·  Events
Courtesy call to the Governor of Kaduna State, His Excellency Nasir Ahmad el-Rufa’i

On Wednesday, the 26th of May 2021, the GACN team which comprises of the Managing Director, Mr. Olaleken Ogunleye, Yetunde Odejobi, the manager operations, Ruqaiyah Saidu Abubakar, the Public affairs advisor, Hadiza Garbati and Fadimatu Dalil who are AKK forum external committee members visited the governor of Kaduna state, Mallam Nasiru el-Rufa’i.

Mr. Ogunleye made a very comprehensive and grand presentation to the governor who was impressed by the legacy of the company and its achievements while the governor reiterated that his administration will remain steadfast in its support of GACN and their AKK forum objectives.

Mr Jimi Lawal, the senior adviser and counsellor to the Kaduna state government also made his input by suggesting GACN should incorporate all the economic collaborations in the Kaduna state that need Gas as an energy and also suggested GACN to make a presentation in the Kaduna state next economic council meeting with other members who were not present. Mallam el-Rufa’I Pledged to be part of the great economic benefits the AKK forum has proposed and put forward to attainment of this economic development in his state.

Articles  ·  Events
Courtesy Call to the Governor of Kano State, His Excellency Dr. Abdullahi Umar Ganduje

The AKK Forum which will be hosted by GACN on 28th and 29th of July, 2021 has taken a step ahead by paying the governor of kano state a visit on Tuesday, 25th May 2021 at his office in kano state.

The GACN team led by the managing director, Mr. Olalekan Ogunleye reassured the governor and the people of kano state of their allegiance of providing and making sure that Gas as an energy will be used to revive and boost their economic and business activities while the director general, media and public relations government house kano, Ameen K. Yassar gave his statement that Dr Ganduje has expressed his confidence in the ability of the federal government to complete and commission the Ajaokuta, kaduna and Kano (AKK) Gas pipeline project, believing that the project will create huge economic impact in the state which he said will revive the dead industries and create more jobs by sustained gas supply to kano and its environs.

This project once taken off will enhance and track fast economic development on the industries at Bompai, Sharada, Challawa 1 and 2, Tokarawa and Tamburawa, and markets states in Northern Nigeria, Chad, Cameroon and Niger republic. The governor restated that his administration had set up a local committee to coordinate with stakeholders on hitch-free implementation of the project.

Related links

AKK Gas Project will change the face of Kano, says Ganduje

AKK gas project will revive ailing industries, create jobs in Kano – Ganduje

Articles  ·  Events
Courtesy Call to the Emir of Kano Mai Martaba, His Royal Highness Alhaji Aminu Ado Bayero

The CEO of GACN Mr Olalekan Ogunleye and his team paid a courtesy call to the Emir of Kano on Tuesday, 25th May 2021 at his palace in kano state and were received by the private secretary to his highness Mallam Abdullahi Haruna Kwaru. His highness assured us of his commitment and support on behalf of his people for GACN in regards to AKK forum which will be hosted in kano in July this year. He called on and entreated GACN to do everything possible to support the business community in kano and the economic development initiatives of the kano state government bearing in mind that kano is a commercial hub in the North and strategic point for industrialization. We were awed by the exquisite display of cultural regalia and exaltation by the palace entourage who welcomed us the royal way.

Articles  ·  Events
AJAOKUTA-KADUNA-KANO(AKK) GAS PIPELINE ECONOMIC BENEFITS IN NIGERIA

The Ajaokuta–Kaduna–Kano Natural Gas Pipeline (AKKP) is a pipeline planned to transport natural gas from Ajaokuta, in Kogi State to Kano in Kano State, through several states and urban centers, as part of the Trans Nigeria Gas Pipeline. Construction of the AKKP commenced in July 2020.

Location:

The pipeline originates in Ajaokuta and proceeds in a general northeasterly direction through Abuja Federal Territory, Kaduna, to end at Kano a total distance of approximately 614 kilometers.

Background:

This pipeline is intended to establish a connection between pipeline networks in the eastern, western and northern regions of Nigeria. The project strives to utilize the country’s abundant natural gas resources to sustainably supply gas to northern Nigeria. The development is expected to reduce the quantity of gas flared in the country’s oil fields and thus improve air quality. The Nigerian National Petroleum Corporation (NNPC), announced tenders for this project in July 2013. The Cabinet of Nigeria approved the project in December 2017.

THE ECONOMIC BENEFITS OF AKK GAS PIPELINE IN NIGERIA

These projects are fundamental to our desire to industrialize and energize the entrepreneurial spirit that is ever present in our population. Enumerating the benefits of the project, billed to be completed in two years,

  1. It will provide gas for generation of power and for gas-based industries which would facilitate the development of new industries.
  2. It will also ensure the revival of moribund industries along transit towns in Kogi State, Abuja (FCT), Niger State, Kaduna State and Kano State.
  3. It has significant job creation potential both direct and indirect, while fostering the development and utilization of local skills and manpower, technology transfer and promotion of local manufacturing.’
  4. Upon completion, the project would enable the injection of 2.2bscf/d of gas into the domestic market and facilitate additional power generation capacity of 3,600MW.

WHAT IS GACN’s IMPACT AS SOLE STRATEGIC GAS AGGREGATOR?

The GACN, in its ten years of operation, has helped to develop the Nigerian domestic gas market. The GACN introduced a standardized template Gas Sales Aggregation Agreement (GSAA) into the market. This template undergoes periodic review by stakeholders to reflect market realities. 85% of the current total domestic gas supply portfolio is now under GACN’s management. GACN has made disbursement of over N136billion gas payment dispute-free through the price aggregation management software. GACN ensured adequate supply to GBIs such as Indorama fertilizer plant and Dangote fertilizer plants. GACN is currently facilitating development of 3 mini Liquefied Natural Gas (LNG) projects for domestic consumption. GACN is also supporting direct gas supply to embedded and captive Independent Power Plants (IPPs) based on 100% payment performance.The volume of operationalized GSAAs as at 2020 stands at 858MMscfd. These are just a few key achievements amongst many.

 

Natural Gas Value Chain Infrastructure for Midstream and Downstream Sector

Sources:

  • https://www.researchgate.net/figure/Fig-A1-Natural-Gas-Value-Chain-Infrastructure-for-Midstream-and-Downstream-Sector_fig5_340638708
  • Read more at: https://www.vanguardngr.com/2020/06/benefits-of-akk-gas-pipeline-project-by-president-muhammadu-buhari/
  • https://en.wikipedia.org/wiki/Ajaokuta%E2%80%93Kaduna%E2%80%93Kano_Natural_Gas_Pipeline
Articles  ·  Events
NETWORK CODE FUNDAMENTALS

The Nigerian Gas Transportation Network Code (NGTNC) or Network Code for short, is a set of rules guiding the use of a gas transportation system; a contractual framework between the Network Operator and the Shippers that provides open and competitive access to gas transportation infrastructure. It was inaugurated by the Honourable Minister of State, Petroleum Resources; His Excellency Timipre Sylva on 10th February 2020 with actual “Go-Live” occurring on 10th August 2020. It enumerates the roles of the Agent, the Shipper among others.

KEY TERMS

Who is the Operator?

The Operator (Transporter) means the owner and/or operator of NGC’s Transportation System including the pipeline systems known as the Escravos-Lagos Pipeline System, the Oben–Ajaokuta pipeline system, the Obiafu/Obrikom-Oben pipeline system and the facilities used to provide services for the conveyance of gas in accordance with the terms of the Network Code. NGC is the licensed Operator.

Who is the Shipper?

The Shipper is any person or persons having reserved capacity on the Transportation System or any part thereof and licensed to carry on business as a gas Shipper. Any gas Buyer or Seller is termed a Shipper.

Who is the Agent?

An Agent under the NGTNC is any entity appointed by the Shippers (Shipper’s Agent) or the Operator (Operator’s Agent) or by both (Shipper’s & Operator’s Agent) to act in the Shipper’s or Operator’s stead respectively with regards to particular or all “Code Communications” on behalf of the principal (Shipper or Operator) with regards to the Network Code. Gas Aggregation Company Nigeria (GACN) Limited is currently licensed as the Network Agent.

 

What is Code Communication?

It is any communication to be given by a Shipper or the Operator (including any notification, application, nomination, confirmation, request, approval, acceptance, invoice or other notice to be given, made or submitted) under the Code.

Articles  ·  Publications
BIG DATA ANALYTICS IN THE OIL AND GAS INDUSTRY

Recent technological improvements have resulted in the daily generation of massive datasets in the oil and gas industry. Applying advanced analytics and artificial intelligence provides oil and gas companies the ability to identify trends and predict events throughout processes. This will enable quick response to disruptions and improve efficiencies.

“Big data analytics is the use of advanced analytic techniques against very large, diverse big data sets that include structured, semi-structured, and unstructured data, from different sources, and in different sizes from terabytes to zettabytes” [1].

What is Big Data? It can simply be defined as unstructured (not organized and text-heavy) and multi-structured data (including different data formats resulting from people/machines interactions) [2].

Big data offers numerous opportunities for businesses, whether used independently or with existing traditional data. Data scientists, analysts, researchers, and business users can leverage these new data sources for advanced analytics that deliver deeper insights and power innovative big data applications. 

Some common techniques include data mining, text analytics, predictive analytics, data visualization, AI, machine learning, statistics, and natural language processing [3]. To handle the volume of data being generated today, open-source software such as Apache, Hadoop, Apache Spark, entire Hadoop ecosystem are designed to ensure flexible data processing and storage [4].

Characteristics of Big data include Volume, Veracity, Velocity, Value, and Variety. See the image below. 

 

Figure 1 Characteristics of Big Data (https://www.edureka.co/blog/what-is-big-data/)

Application of Big data Analytics in the Industry

In the quest to search for what lies below the surface, oil and gas companies have been exposed to large amounts of data. They have complex systems that have evolved over time and now contain disparate data sets. Big data analytics can play a major role in improving operations and productivity across the industry value chain as follows:

  • Machine learning tools which are best suited for analyzing seismic data can reveal relationships between recorded data
  • Data gathered from different operations through drilling can be applied to conduct various analyses from scheduling to drilling operations [3] thereby improvingdrilling performance.
  • Companies in the business of making big data technologies can develop reservoir management applications. This can be utilized to get timely and actionable information regarding changes in reservoir pressure, temperature, and flow [4].
  • In production engineering, big data analytics can optimize the performance of production pumps.
  • Big Data analytics manages risks and enhances safety by improving oil and gas occupational safety.
  • Predictive analytics can be usedto reduce downtime and maintenance costs of oil refining equipment, consequently improving asset management.

GACN, as Nigeria’s strategic gas aggregator, continues to explore avenues for leveraging predictive analytics statistical techniques in key activities like price aggregation, gas portfolio management, and network code agency services, to make predictions, create reports and inform key decisions regarding gas pricing, DGSO (domestic gas supply obligation) performance, gas demand trends, portfolio growth projections, etc.

The transition towards implementing big data technologies in work operations may not be easy for many oil companies because of lack of expertise and rigidity towards accepting new work practices but once they get around the limitations, they will reap its full benefits.

In conclusion, data is just like crude; it is valuable, but if unrefined it cannot be put to good use.

Sources

[1]:https://www.ibm.com/analytics/hadoop/big-data-analytics

[2]:https://www.dbjournal.ro/archive/15/15_4.pdf

[3]:https://www.ibm.com/analytics/hadoop/big-data-analytics

[4]:https://www.ibm.com/analytics/hadoop/big-data-analytics

[5]:https://www.sciencedirect.com/science/article/pii/S2405656118301421#:~:text=Analyzing%20seismic%20and%20micro%2Dseismic,and%20improved%20occupational%20safety%20are

[6]:https://www.sciencedirect.com/science/article/pii/S2405656118301421#:~:text=Analyzing%20seismic%20and%20micro%2Dseismic,and%20improved%20occupational%20safety%20are

Articles  ·  Events
GACN ACHIEVES YET ANOTHER POSITIVE RECOGNITION OF ITS CONTRIBUTION TO THE GAS SECTOR

Featured in Business Day Publication Celebrating 50 Major Indigenous oil Majors in Nigeria.

Businessday, Nigeria leading and influential business and financial daily, has published a landmark edition aimed at celebrating 50 major indigenous players in the Nation’s oil and gas industry.

Businessday stated that GACN was selected having closely monitored the company’s impressive corporate governance practices, its track record and reputation in the oil and gas sector, as well as its flexible adaption to emerging challenges and demands of the volatile oil and gas markets.

GACN management considers the honour a charge to do more and bring to bear GACN’s culture of excellence in all facets of its Gas sector initiatives and activities.

In a special report dated 1st April 2021 captioned “GACN at a Glance’’, The Newspaper highlighted GACN’s notable key achievements as well as new initiatives.

GACN Considers that this recognition is due to the consistent support of its stakeholders as well as key oil and Gas industry leaders such as The Honourable Minister of State for Petroleum H.E, Chief Timipre Sylva, the GMD NNPC, Mallam Mele Kyari, and the Nigerian Gas Association.

Articles  ·  Events
CORPORATE SYNERGY BETWEEN GACN AND NGA

GACN currently is in a drive towards strengthening its corporate visibility and relevance. One of the most crucial aspect to any organization is its visibility. This will rightly position GACN before ideal audience and invariably provide adequate service as required. The choice of having corporate synergy with the Nigeria Gas Association (NGA) is one good step towards achieving this goal. GACN as a member, seeks for a better way to actively participate in the activities of the organization and consequently impact its existence and the gas industry at large. The NGA is the Apex organization representing the varied and numerous stakeholders in the gas sector within the Nigerian oil and gas industry. NGA anticipate and drive legislation and policies. Promote investment in the Nigerian gas sector. Strives to be the industry resource centre of choice and encourage best practices and acceptable standards. With the merits of NGA, having a corporate synergy will further strengthen the corporate visibility of GACN.

The Nigerian Gas Association (NGA) recently hosted their second edition of their industry multilogues. It is a two-day event which featured over 300 participants across the globe with 35 local and international speakers, on February 25 and 26, 2021.  The president of the Nigerian Gas Association Mrs Audrey Joe-Ezigbo in her welcome address espoused that the combination of how crude oil prices and falling crude oil export due to the pandemic has incapacitated Nigeria’s fiscal position, in order to cushion the economy and boost industrialisation the country must harness it vast domestic Gas potential with immediate effect.

The inauguration of the new executive committee was also conducted with Mr Ed Ubong as the new president of the organization. He emphasized and pledge that his administration will always engage and partner industry players in the gas chain and addressing its challenges and unfolding new ideas and initiatives.

GACN was honoured to host a memorable and important meeting on the 20th April 2021 with NGA to deliberate, discuss and address varied issues in the gas sector. After an insightful robust deliberation on gas commercialization and operationalization were new action plan was mapped out to further strengthen their collaborations to forge ahead. Pleasantries were exchanged and pictures were taken.

Articles  ·  Publications
What is Stress?

What is Stress?

Stress is the body’s natural response to changes in our life. These changes can be positive or negative and because life involves constant change, our goal should not be to eliminate all stress as that is impossible but to eliminate unnecessary stress and effectively manage the rest.

The National Institute of Mental Health (NIMH) recognizes two types of stress:

Acute Stress: This type of stress is short-term and is a more common form of stress. It often develops when we consider the pressures of events that have recently occurred or face upcoming challenges in the near future. For example, we may feel stressed about an upcoming work project or an examination. Acute stress will usually disappear once we meet the task. The short-term effects of acute stress include headaches, an upset stomach, as well a moderate amount of distress.

Chronic Stress: This type of stress develops over a long period and is more harmful. It occurs when we can not see a way to avoid the stressors and stop seeking solutions. For example, it can be caused by a traumatic experience or a continuous negative occurrence. Chronic stress makes it difficult for the body to return to a normal level of stress hormone activity and can go unnoticed for a while, as people can become used to feeling agitated or hopeless.

A lifestyle of frequent stress can lead to anxiety, depression, heart disease, high blood pressure, low body immunity, PTSD, sleeping difficulties, stomach upset, erectile dysfunction, etc.

Signs of Stress

Fatigue, Aggressiveness, Irritability, Frustration, Depression, Restlessness, Forgetfulness, Headaches, Muscle spasms, Nervous twitches, Chest or Back Pain, etc.

Stress Associated Behaviors

Food cravings or not eating at all, sudden angry outbursts, drug & alcohol misuse, higher tobacco consumption, social withdrawal, frequent crying, relationship problems, etc.

Treatment

Medicine: Doctors will not usually prescribe medications for coping with stress unless they are treating an underlying illness such as depression or an anxiety disorder. In such cases, antidepressants will be prescribed. There is however a risk that the medication will only mask the stress rather than help resolve it. People struggling with overwhelming stress are strongly encouraged to seek medical assistance.

Stress Relieve: This includes exercise, reduction in the intake of alcohol, drugs & caffeine, a balanced diet, priority/time management, rest, constant communication with loved ones, acknowledging the stressors, etc.

Noticing the signs and symptoms of stress is the first step to taking action.

Stress Management Techniques

Removing or changing the source of stress, altering how we view stressful events, lowering the effects that stress might have on our bodies, learning alternative ways of coping, etc.

 

An unknown author once said, and i quote “Don’t stress the Could Haves, If It Should Have, It Would Have.”

Image: https://www.yummymummyclub.ca/blogs/dr-kim-foster-wicked-health/how-to-create-a-stress-management-plan

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