According to the managing director of Boldup Energy Limited, Samuel Babatunde, the move, which is to invest in the huge but largely untapped gas reserves in Africa, will see Jeniks Energy Group leap frogged to a global gas investment firm.
He said, ‘‘Jeniks, which struck the deal that has entered advanced completion stage, alongside the Qataris have selected 11 African countries in Africa with Nigeria and Ghana as anchor for proper coordination. ‘‘The president of Jeniks Group, Princes Osifo, who has been working with a team of experts and consultants in the energy sector to actualise this huge gas investment deal projected at about 15 billion dollars, with the Qatar group investing an initial $6 billion for the take-off of the projects that is attracting governments of Ghana and Kenya who have keyed into projects.
Another expert, John Okoro of Soldium Energy Limited said that Jeniks Energy Group president has also confirmed that the Qataris are also interested in the Brass LNG project in Brass Bayelsa state which has been on the drawing board of the Nigeria National Petroleum Corporation and its Joint venture Partners, acquisition of LNG vessels for Gas Cargo transport.
Top energy officials disclosed that the selection of Jeniks Group is a major endorsement of the huge potentials and capacity of the corporate leadership of Jeniks and the Africa gas and Energy market as envisaged by the Qatari investor who wants a private sector driven initiative for the projects to hit the ground running.
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