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Preliminary Environmental and Social Risk Evaluation and Compliance Gap Assessment of Investee Company in Abeokuta, Ogun State, Nigeria. The PESA was carried out to meet the USTDA investment and feasibility E&S requirements aligned to the IFC Performance Standards, 2012

BACKGROUND

Energy Culture Nigeria is a technical consultant working with the United States Trade Development Agency (USTDA) to carry out feasibility reviews/ studies for natural gas projects.

As part of this feasibility reviews, the investee company was identified as a prospective investment to set up a Liquefied Natural Gas Plant and 200km virtual distribution network in Southwest Nigeria.

A PESA was thus commissioned to identify Environmental & Social Risks, Compliance Gaps, and further develop Environmental and Social Action Plans to close the Gaps in readiness for prospective investment

SCOPE of WORK

  • Kick off meeting
  • Desktop reviews
  • On site visit/review
  • Risks/Impacts

    Assessment

  • Draft PESA report
  • Final report

Client/Owner: Energy Culture Limited Investor / Financier: USTDA
Duration: February – March 2021 Project Value: 25million USD

Service Value: 2.8million NGN