…Sole Gas Supplier To Geometric Power Plant
The leading provider of gas to the Nigerian National Grid have
already supplies TransAfam Power Limited, with a capacity of 966MW, and First
Independent Power Limited (FIPL), with a capacity of 541MW. Heirs Energies also
supplies gas to local distribution companies, gas-based industries, and other
industrial customers.
Founded in 2021, Heirs Energies operates OML17 and related
infrastructure, with a mission to ensuring that Nigerian businesses and
consumers derive direct and ongoing benefit from the country’s natural
resources. All gas produced from OML 17 is supplied to the domestic gas
industry.
The oil & natural gas company is pioneering a new era in Nigeria’s energy
sector. With the operation of OML17 and its associated assets, the company has
been pivotal in ensuring a reliable and sustainable gas supply, directly
contributing to the nation’s industrial and economic growth.
Heirs Energies’ gas supplies to these critical power plants
not only reinforce its major role in Nigeria’s energy sector, but also
underscore its strategic vision in developing operational synergies throughout
the energy value chain.
Creating a Nigerian champion in domestic gas supply
represents a further example of Heirs Holdings role as a long-term strategic
investor in the Nigerian energy sector, with interests in the recently listed
Transcorp Power Limited, TransAfam, and Abuja Electricity Distribution Plc, and
as an operator of oil-producing assets more than 50,000 barrels of oil
equivalent per day (boe/d). With a unique vision of ensuring Africa’s natural
resources serve Africa’s interests, the Heirs Group is driven by founder Tony
Elumelu’s Africapitalism philosophy of ensuring businesses deliver both
economic and social benefits to stakeholders.
Osa Igiehon, CEO of Heirs Energies, praised the company’s
growing impact: “Our ability to supply these three major power plants
demonstrates Heirs Energies’ dedication to lighting up Nigeria and supporting
our country’s journey towards economic and social prosperity. We are not just participants in the energy
sector; we are facilitators of growth and development, driven by a mission to
ensure that Nigeria’s natural resources benefit its people.”
Heirs Energies’ gas plant in Agbada, Rivers State, produces
over 80 MMSCFD (million standard cubic feet per day) of gas. 100 percent of
this gas output is channelled into the domestic market to meet local demands,
supporting Nigeria’s energy needs and exemplifying Heirs Energies’ commitment
to powering thousands of homes, schools, hospitals, and industries, reinforcing
its role in catalysing Nigeria’s industrialisation.
Heirs Energies Limited (formerly HeirsHoldings Oil & Gas
Limited) is Africa’s largest indigenous-owned integrated energy company,
committed to meeting Africa’s unique energy needs whilst aligning with global
sustainability goals. With a strong focus on innovation, environmental
responsibility, and community development, Heirs Energies leads the evolving
energy landscape and contributes to a more prosperous Africa.
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