An oil and gas company, Jeniks Group has partnered with Qatar to transform the continent’s energy landscape and inspire future generations of leaders.
This strategic partnership between Jeniks Group and Qatar Group aligns with Nigeria’s domestic gas utilization agenda, promoting economic growth and development.
The historic $20 billion partnership with Qatar aims to deepen natural gas utilization, boost investment in power and gas-based sectors, and transform Africa’s energy landscape. By leveraging Qatar’s expertise and investment, Jeniks Group is poised to unlock Nigeria’s vast gas reserves, drive industrialization, and improve energy access for millions of Africans.
With an initial investment of $8 billion and a committed $12 billion for project kickoff, this partnership promises to transform Africa’s energy sector. Key countries benefiting from this initiative include Ghana, Kenya, Tanzania, Angola, Sierra Leone, Morocco, Egypt, Benin Republic, Mozambique, Rwanda, and Zambia. The three additional countries participating in the project are Nigeria, Republic of Congo, and Guinea Equatorial.
These countries will benefit from the significant investment in the gas sector, which promises to transform Africa’s energy landscape. Notably, Nigeria plays a pivotal role in the project, with advanced negotiations underway to solidify the country’s comprehensive plan for gas aggregation.
These achievements were done through the President and founder ofJeniks group, Princess Osifo as it expanded its footprint across Africa and the Middle East, diversifying its portfolio through strategic downstream oil and gas investments. With over 73 filling stations across Africa and strategic engagements in the Middle East, Jeniks Group has solidified its presence in the region.
The company’s projects include gas reserve acquisition and aggregation, liquefied natural gas (LNG) and LPG initiatives, and the acquisition of productive oil wells and petroleum products assets. The Qatar-Jeniks Africa Gas Project has expanded to 14 African countries and is a testament to Princess Osifo’s visionary leadership.
Osifo noted that Nigeria’s confirmed gas reserves of 203 trillion Standard Cubic Feet will be monetized through various policies and industry intervention schemes.
“Upon project completion, the Nigeria National Petroleum Company will expand its gas operations and increase export potential,” she said.
“My commitment to Africa’s energy growth has earned me recognition as a shining example of entrepreneurial excellence. My story serves as inspiration for future generations of business leaders. As Jeniks Group continues to expand its operations and embark on new projects, I remain at the forefront and committed to promoting economic growth and development in Africa.”
She noted that her visionary leadership and strategic partnerships have positioned the company as a major player in the African energy sector, and her legacy and impact as a trailblazing entrepreneur and energy expert continues to empower others and will be felt for generations to come.
In recognition of her outstanding contributions to the energy sector, Osifo has received numerous accolades and awards, including the Chief of the Order of the Burning Spear and the Order of the Golden Heart.
Her achievements serve as a testament to her dedication, passion, and commitment to promoting economic growth and development in Africa.
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