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Nigeria FDI and Ease of Doing Business Under Threat as NLNG May Be Forced to Pay M18.4 Billion

Stakeholders in Africa, particularly in the Nigeria’s oil and gas sector, on Monday, raised the alarm over fresh threat to the Foreign Direct Investment (FDI) and Ease of Doing Business in Nigeria as the National Assembly led by the Senate is pushing for the Nigeria Liquefied Natural Gas (NLNG) to pay N18.4 billion to host communities for right of way ...

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NLNG Commences Commissioning Of University Teaching Hospital Projects In 12 States

. Nigeria LNG (NLNG) Limited Friday,commenced the commissioning of Phase 1 projects in its multi-billion-naira Hospital Support Programme (NLNG HSP) with the opening of a maternity centre at the University of Abuja Teaching Hospital (UATH), Gwagwalada. It will also commission new Intensive Care Units (ICUs) at the University of Benin Teaching Hospital (UBTH) and the Niger Delta University Teaching Hospital ...

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Seplat Energy’s ANOH, Sapele Gas Projects to Fuel Another 2000MW of Electricity by 2024

Seplat Energy Plc, leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says its commitment to a just and affordable energy transition is unwavering. The energy company maintains that its ANOH and upgraded Sapele gas projects could fuel another 2000 megawatts of electricity by 2024, thus displacing the wide use of diesel/petrol generators for electricity ...

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NLNG Anticipates Improved Gas Supply As Crude Transportation Stabilises

The Nigeria Liquified Natural Gas, Limited, NLNG, is hoping to receive more gas supply from its suppliers following successes recorded in renewed effort by the Nigerian National Petroleum Company Limited, NNPCL, to combat crude oil theft. The NLNG, said the effort is yielding results with improvement in key crude oil transportation pipelines. The NLNG spokesperson, Andy Odeh confirmed that the ...

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Ministry Develops Framework on Oil, Gas Pipeline Assets Concession

The Ministry of Petroleum Resources says it has developed a framework for the concessioning of oil and gas pipeline assets. This was disclosed by the Permanent Secretary, Ministry of Petroleum Resources, Amb. Gabriel Aduda, at a workshop in Abuja. According to a statement by Mrs Enefaa Bob-Manuel, Director (Information) of the ministry, on Thursday, the Permanent Secretary was represented by ...

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Ardova’s Largest LPG Storage Facility in Nigeria Underway- Adeosun

Presenting a slide during a panel session titled: “Emerging Trends in Storage and Distribution of Petroleum Across Africa and Beyond”, at Oil Trading Logistics (OTL), Africa Downstream held recently in Lagos, Chief Executive Officer of Ardova Plc and Chairman, Major Marketers Association of Nigeria (MOMAN), Olumide Adeosun, showed a roadmap and storage distribution of Africa. He also showed the site ...

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Nigeria to Raise Gas Exploration by 20 Percent – Commission

The Nigerian Upstream Petroleum Regulatory Commission has said Nigeria will deepen gas exploration by 20 per cent by the end of the decade. It also said the country was committed to energy transition plan with a plan to achieve net zero emissions by 2060. The Executive Commissioner, NUPRC, Rose Ndong, made the revelation while speaking at the pre-conference workshop of ...

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More LPG Producers as Demand Outstrips Supply

Stakeholders in the Liquefied Petroleum Gas (LPG) sector have called for an increased supply of the commodity in order to check rising demand and sharp practices by some operators. Indeed, Nigeria’s Liquefied Natural Gas (NLNG) has been the major supplier of LPG to the country, having devoted all its production to the domestic market. However, rising local demand continues to ...

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NMDPRA Reiterates Support for Cleaner Cooking Fuels, Safety

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will spearhead programmes that prioritise adoption of cleaner cooking fuels such as Liquefied Petroleum Gas (LPG).Mr Farouk Ahmed, the Chief Executive Officer, NMDPRA, said the authority would also adopt technology to support Nigeria’s objective of achieving universal access to affordable, sustainable and modern energy by 2030.Ahmed made the remarks ...

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NLNG Warns Against Storage of LPG at Homes

Nigerian Liquefied Petroleum Gas (LPG) otherwise known as cooking gas, consumers need not panic about a possible scarcity of the product as a result of the force majeure declared by the Nigerian Liquefied Natural Gas (NLNG) on Monday. Force majeure is a common clause in contracts, which essentially frees both parties from liability or obligation when an extraordinary event or ...

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