Africa’s largest private power business, Sahara Group, has become the latest member of leading global carbon capture, utilisation and storage (CCUS) research organization (CO2CRC).
The leading energy and infrastructure conglomerate joined the Australian-based CO2CRC to drive its commitment to reducing its emissions footprint and building a more sustainable business model. The company’s emissions reduction aspirations will be led by the Sahara Upstream and Sahara Power divisions in Nigeria, with subsequent replication across other divisions and locations.
CO2CRC Chief Executive, Dr Matthias Raab, said Sahara Group’s membership was a significant development. “Nigeria is the largest country in Africa with a population of more than 205 million people and it is facing significant challenges in producing energy for its people while striving to reduce emissions,” Dr Raab said.
“Nigeria is a significant oil and gas producer, but also a country where millions of citizens lack access to reliable, affordable and sustainable energy. As it moves towards widespread electrification, Nigeria is a perfect candidate for CCUS on an industrial scale to balance its need for a modern power network that can provide reliable and affordable energy for a country with a population eight times the size of Australia,” he stated.
Dr. Raab added: “Through our partnership, we will work closely with Sahara Group to understand their aspirations and to ensure our research can facilitate their aim to be an energy provider committed to lowering their emissions. CO2CRC welcomes Sahara Group as a member of CO2CRC and looks forward to supporting their energy transition to a lower emissions future.”
Ejiro Gray, Director, Governance and Sustainability, Sahara Group, said membership reinforces Sahara’s leading role in driving innovation for the transformation of the energy industry in Africa. “Our commitment to the sustainability of the planet, business, and ultimately society, is the driving force for continuous innovation and improvement through the evolution of thought patterns and our business processes,” she said.
Henry Menkiti, Chief Operating Officer, Asharami Energy (a Sahara Group Upstream company), said Sahara was delighted to join CO2CRC noting that membership will play a major role in steering Nigeria’s energy industry towards emissions reduction and resource efficiency. “These are key areas in Sahara’s Environmental Sustainability focus, and a first of its kind on the continent,” he said.