GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Savannah Energy PLC (LSE:SAVE) » Definitions » Credit Losses Provision

Savannah Energy (LSE:SAVE) Credit Losses Provision


View and export this data going back to 2014. Start your Free Trial

What is Savannah Energy Credit Losses Provision?

Credit Losses Provision only applies to banks.


Savannah Energy (LSE:SAVE) Business Description

Traded in Other Exchanges
N/A
Address
40 Bank Street, London, GBR, E14 5NR
Savannah Energy PLC is an energy producer in Nigeria and, via its controlling interest in the Accugas midstream business. It currently provides gas to power stations accounting for over 10% of Nigeria's power generation capacity and operates privately-owned gas transportation and distribution systems in sub-Saharan Africa. In Niger, it is focused on developing its flagship assets in the prolific Agadem Rift Basin, with plans to deliver the first oil in the near term. Its geographical segments are Nigeria, Cameroon, and Niger. It generates the majority of its revenue from Nigeria.