Olakunle Williams, the CEO of Tetracore Energy, is all set to impart invaluable insights into gas development investment for Nigeria’s Energy Security at the forthcoming Gas Investment Forum 2023. This event promises to be a significant knowledge-sharing experience for the sustainable energy sector in Africa.
The Gas Investment Forum is thrilled to announce that Olakunle Williams, the CEO of Tetracore Energy, will be a featured speaker at the Gas Investment Forum 2023, scheduled to take place from October 30–31 in Lagos, Nigeria.
During various sessions, including a keynote address and the Investment Leadership Roundtable, Williams will lead discussions focused on Nigeria’s gas-powered economy and the pivotal role played by gas development investment and infrastructure expansion.
As the CEO of Tetracore Energy, an integrated energy company, Williams plays a pivotal role in charting the organization’s strategic direction. His leadership is marked by an unwavering commitment to expanding the company’s influence within the African energy market, with a clear vision of advancing sustainable energy solutions across the continent.
Olakunle Williams is a seasoned Energy Professional with over 12 years of experience in the energy value chain. He has made significant contributions during his time with NNPC and Deloitte. His achievements have earned him several prestigious awards in Nigeria and Africa, and he has delivered keynote addresses at major energy events.
Under Olakunle’s leadership, Tetracore has made remarkable strides, from its inception to the distribution of over 70 million standard cubic feet per day (mscfd), effectively energizing 300MW of power generation in Nigeria. He holds an MBA from the University of Bradford and is an active member of several professional bodies.
Tetracore Energy stands as a prominent force in Africa’s energy sector, committed to providing clean and cost-effective energy solutions. With a growing portfolio in Nigeria and beyond, the company serves a diverse range of clients, including power producers, industrial sectors, and commercial enterprises. The Tetracore Group comprises one affiliate and two subsidiaries, each playing a pivotal role across the energy value chain.
Tetracore Energy Limited, the parent company, leads the way, while Infini Power Limited (IPL) serves as the Independent Power Producer and Power Infrastructure Vehicle. Tetracore Energy Limited (Ghana) marks the company’s initial step in its expansion journey across Africa, and Tetracore Energy Limited (Equatorial Guinea) underscores its commitment to delivering energy solutions beyond Nigeria’s borders. This underlines the company’s dedication to expanding its footprint across Africa and delivering sustainable energy solutions to domestic and industrial users.
Tetracore Energy has not only entered but fully funded, developed, and expanded its presence in the downstream gas and gas-to-power markets within Nigeria. This expansion has resulted in a sustained supply capacity exceeding an impressive 70 million standard cubic feet per day (mscfd). The company has emerged as a reliable source of gas supply to major entities, contributing significantly to the nation’s energy infrastructure.
In a forward-looking initiative, Tetracore Energy, in collaboration with the Nigerian Content Development and Monitoring Board, the Gas Aggregation Company of Nigeria (GACN), and IPL, inked a Power Purchase Agreement (PPA) earlier this year. This PPA is geared toward providing independent power to the Nigerian Oil and Gas Park Scheme Industrial Park in Odukpani, Cross Rivers State, and Emeyal-1 in Ogbia, Bayelsa State. The GACN, established in 2020, facilitated this agreement as part of its mission to implement the Nigerian Gas Master Plan and manage domestic gas supply, particularly to the power sector. The PPA is set to enhance the availability of reliable power for park tenants who require efficient and effective electricity supply for their operations.
Simultaneously, the company has set its sights on delivering liquefied natural gas (LNG) logistics and downstream solutions to meet the energy needs of Equatorial Guinea’s domestic market. This project encompasses the supply of 300 metric tons per day of LNG to power a 38 MW Power Plant and support an annual cement production capacity of one million metric tons at the Akoga, Kogo Cement Factory.
Furthermore, in collaboration with Jakovie Energy, the company is driving the development of an Energy Park in Ore, Ondo State. This visionary project includes the establishment of Small Scale Mini-LNG and CNG facilities with capacities of 10 mscfd and 4 mscfd, respectively. Tetracore Energy is also planning the implementation of a ‘Build Own and Operate’ piped natural gas delivery system within the park. This includes a 40 mscfd PRMS x 5km pipeline designed to efficiently deliver gas within the Industrial Park, extending its benefits to end-users in remote areas.
William’s role as a Keynote Speaker at Gas Investment Forum 2023 underscores his dedication to advancing Africa’s sustainable energy future. His track record is a testament to his enduring commitment as a steadfast advocate for sustainable energy development. As the continent pushes forward in the development and monetization of its gas resources, Williams will take on a pivotal role in fostering this growth.
The Gas Investment Forum is a prestigious annual event in the energy sector, functioning as a conference and networking platform that unites policymakers, stakeholders, and global investors. Its central objective is to foster dialogue and enhance opportunities within West Africa’s burgeoning gas sector. For information about the Gas Investment Forum, visit www.gasinvestmentforum.com