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Qua Iboe power plant is an announced power station in Kwa Ibo, Ibeno, Akwa Ibom, Nigeria. It is also known as QIPP.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Qua Iboe power plant | Kwa Ibo, Ibeno, Akwa Ibom, Nigeria | 4.54865, 8.00953 (exact)[1] |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1: 4.54865, 8.00953
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | CHP | Start year | Retired year |
|---|---|---|---|---|---|---|---|
| Unit 1 | announced[2] | gas[3] | 540[2] | combined cycle[2] | not found | 2025[4] | – |
CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| Unit 1 | Qua Iboe Power Plant Ltd. (QIPPL)[5] | Black Rhino; Norfund; CDC Group plc |
Background
The project has been in the works since 2009.[6] Although it will be designed in a combined cycle gas turbine configuration, the gas turbine generators will be capable of operating in simple cycle or combined cycle mode.[7]
In October 2017, Mobil Producing Nigeria Limited (MPN) and the Nigerian National Petroleum Corporation (NNPC) announced they will supply gas to the power plant from the NNPC/MPN joint venture offshore facilities,Cite error: The opening <ref> tag is malformed or has a bad name which will be built next to the Qua Iboe Terminal.[8] which will be built next to the Qua Iboe Terminal.[9]
In 2018, cashflow and infrastructure problems hit the project, likely delaying its opening. In addition, in an uncomfirmed report, initial investor Dangote Group pulled out. Problems included "decaying infrastructure, mounting debts, low tariffs for electricity and a dilapidated government-owned grid that would collapse if all the country’s power generators operated at full tilt."[10]
In early 2019, QIPP was to get an injection of $1.7 billion from foreign investors, including Globeleq, International Finance Corporation, African Development Bank, and ExxonMobil.[11]
In December of 2020, the future of the project remained uncertain due to financing and PPA roadblocks - the commissioning date was pushed to 2025.[12]
Articles and Resources
References
- ↑ https://www.google.com/maps/place/4%C2%B032'55.1%22N+8%C2%B000'34.3%22E/@4.54865538.007341317z/data=!3m1!4b1!4m5!3m4!1s0x0:0xb71cdb78fb43a008!8m2!3d4.54865!4d8.00953.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 https://web.archive.org/web/20240125020330/https://globeleq.com/power-plants/qua-iboe-power-plant-qipp/. Archived from the original on 25 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20211025042458/https://www.gastopowerjournal.com/projectsafinance/item/8209-nigeria-qua-iboe-power-project-taps-financing-through-ppa. Archived from the original on 25 October 2021.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240125020328/https://www.thecable.ng/exclusive-qua-iboe-power-project-stalls-as-fg-weighs-liabilities. Archived from the original on 25 January 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20221130110446/https://corporate.exxonmobil.com/locations/nigeria/nigeria-news/20171026_qua-iboe-power-plant-ltd-takes-ownership-of-power-project. Archived from the original on 30 November 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ Qua Iboe Power Plant, ILF website, accessed Dec 3, 2019
- ↑ Qua Iboe Power Project, World Bank's MIGA website, accessed Dec 3, 2019
- ↑ Nnadozie Okere, Qippl Signs Agreement With Akwa Ibom Communities, The Nigerian Voice, Jul 11, 2018
- ↑ Nnadozie Okere, Qippl Signs Agreement With Akwa Ibom Communities, The Nigerian Voice, Jul 11, 2018
- ↑ Alexis Akwagyiram, Paul Carsten, Exclusive: Nigerian energy sector's crippling debts delay next power plant, Reuters, Dec 21, 2018
- ↑ Ifeanyi Onuba, Foreign investors to inject $1.7bn in Qua Iboe power project, Punch, Jan 9, 2019.
- ↑ EXCLUSIVE: Qua Iboe power project stalls as FG weighs liabilities, The Cable, Dec 3, 2020
Additional data
To access additional data, including an interactive map of gas-fired power stations, a downloadable dataset, and summary data, please visit the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.
