FG unveils 150 million-litre jet fuel depot
The Federal Government (FG) has unveiled Joint User Hydrant Installation 2 (JUHI-2) which has a storage capacity of 150 million litres of Jet A1 fuel.
The facility which is the largest airside jet fuel depot in Nigeria, has the capacity to deliver a minimum of 150 million litres of ATK supplies monthly to airlines.
This implies that it can deliver 20 per cent of the current nation’s annual sales volume in a month.
A consortium of companies, including Eterna Plc, Masters Energy Oil & Gas, Techno Oil & Gas, Rahamaniyya Oil & Gas, Ibafon Oil, Quest Oil Group as well as First Deep Water Limited are collaborating to bankroll the project.
During the commissioning ceremony held at the JUHI-2 Ventures Limited premises, Ikeja in Lagos on Thursday,
the Minister of Aviation and Aerospace Development, Festus Keyamo, who lauded the project, said that it had given Nigeria a global relevance and recognition.
Keyamo expressed delight that the facility would checkmate flight delays and cancellations which were usually attributed to the lack of Jet A1 fuel.
He added that the depot was strategically positioned because it is close to both the local and international airports, which is an international requirement.
“This facility is strategic and supportive to the aviation ecosystem in Nigeria. We normally experience a lot of flight cancellations, and flight delays and in some cases, it is attributed to lack of Jet A1 fuel,” Keyamo said.
“It is also an international requirement. You have just made us globally relevant because it requires that this kind of facility should not be far away from all major airports in the world.
“It is also a requirement for hajj operations. Before any airport is approved for hajj operations, they ensure that such facilities are very close to the airport. In so many ways this is a global requirement and I thank you sincerely from the bottom of my heart for this massive infrastructural investment to support the aviation ecosystem in Nigeria.”
While also disclosing the recent feats in the aviation sector, the minister said Nigeria had been removed from the watchlist of non-compliant countries, having scaled 75.5 per cent in aircraft financing from 70.5 per cent.
He stated that airlines in Nigeria could now access aircraft on dry leases all over the world.
The Chairman of JUHI-2 Limited, Patience Dappa, explained that the facility would strengthen the nation’s energy security and provide a reliable and robust jet fuel supply chain.
“In building JUHI-2, we are not only enhancing infrastructure, we are laying the foundation for Nigeria’s continued growth in aviation. This facility will serve airlines, cargo carriers, private jet operators, and other aviation stakeholders, ensuring world-class fuel service and maximising operational efficiency. In essence, we are not just fueling planes; we are fueling the future of aviation in Nigeria.
“Beyond its operational significance, JUHI-2 will generate numerous benefits for Nigeria. It will create direct and indirect employment opportunities, contributing to a reduction in unemployment within the region. It will also stimulate economic growth by boosting related industries such as transportation, logistics and maintenance services. This facility will play a pivotal role in the development of the airport area and its surrounding communities.”
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