GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).

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 Germany and Austria to tap oil reserves after 400 million barrels requested  Germany and Austria announced they are releasing portions of their oil reserves in response to an International Energy Agency request for member nations to collectively release 400 million barrels to help ease rising energy prices linked to the Iran conflict. Japan also said it will begin releasing part of its reserves starting Monday. The move marks one of the largest coordinated releases of emergency oil stocks in history. The previous record came in 2022, when IEA members released 182.7 million barrels following the energy disruptions caused by Russia’s invasion of Ukraine. Member countries currently hold over 1.2 billion barrels of public emergency oil stocks, along with an additional 600 million barrels of industry stocks maintained under government requirements. The release comes amid heightened tensions in the Persian Gulf, where Iran has targeted commercial ships and disrupted shipping throug...
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TCN COMPLETES TOWER RELOCATION, RESTORES POWER SUPPLY TO APO SUBSTATION. (PHOTO).

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 TCN Completes Tower Relocation, Restores Power Supply to Apo Substation


The Transmission Company of Nigeria (TCN) has announced the completion of the relocation of eight 132kV and 33kV transmission towers along the Kukwaba/Apo 132kV line, restoring full power supply to the 132/33kV Apo Transmission Substation in Abuja.


This development, delayed by three days, ensures the resumption of normal electricity distribution to affected areas within the Federal Capital Territory.


In a statement signed by Ndidi Mbah, TCN’s General Manager of Public Affairs, the company explained that the relocation was necessitated by the Federal Capital Development Authority’s Road dualization project along the Apo axis.


The two-week project, which began on January 6, 2025, involved dismantling and reconstructing the towers and restringing power cables. During this period, a planned daily power outage was implemented from 9 am to 4 pm to facilitate the work.


With the completion of the project on January 23, 2025, TCN has assured that normal electricity supply can now resume, and Abuja DisCo is positioned to end the load rationing previously enforced.


The TCN spokesperson expressed gratitude to customers for their patience during the project and reaffirmed the company’s commitment to ensuring reliable power supply.

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