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CERAWeek : NNPC Emphasises Shift from Production to Associated Oil

……by Jenifer Dike in Houston……The Nigeria National Petroleum Company Limited (NNPCL) has said that Nigeria is now laying Emphasises on shift from Production of oil with Associated Gas to Production of Gas to Associated oil. NNPC is set to do this by leveraging gas as transition and destination fuel, deploying gas for electrification, domestic industries exports Chief Upstream Investment Officer, ...

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Chevron Warns Of Global Natural Gas Market Plunge

Oil giant Chevron has raised concerns of troubled global natural gas market which it observed has been more fundamentally changed for the long term by Russia’s invasion of Ukraine than the oil market. This is a warning coming from Chevron’s Chief Executive Mike Wirth on Monday, when he noted that the conflict in Ukraine and ensuing Western sanctions upended global ...

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Domestic Gas Utilisation: NLNG Intensifies Action on planned 1.1 Million Tons Supply

The Nigerian Liquefied Natural Gas (NLNG) Limited has assured that it is committed to actualising its plan of supplying its product, the LNG, to the domestic market as part of its contribution to the growth of domestic gas utilisation.The Manager, Common Facilities Assets, NLNG, Mr. Lateef Biobaku, gave the hint at a panel session in Lagos.To actualise this target, the ...

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NLNG Signs MOU with Three Nigerian Teaching Hospitals for Second Phase Support Programme

Nigeria LNG (NLNG) has signed a Memoranda of Understanding (MOU) with three Nigerian teaching hospitals in the second phase of its hospital support programme. Mr Andy Odeh, the General Manager, External Relations and Sustainable Development of NLNG, said this in a statement on Tuesday in Lagos. Odeh said the hospital support programme was part of NLNG’s national Corporate Social Responsibility ...

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European LNG Demand to Drive More Opportunity for Supply in Long term – Shell

Europe’s increased need for liquefied natural gas (LNG) looks set to drive more Opportunity for Supply in a long term. It will also ensure competition with Asia for limited new supply available over the next two years and may dominate LNG trade over the longer term, according to Shell’s LNG Outlook 2023. European countries, including the UK, imported 121 million ...

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TotalEnergies Vows to End Gas Flaring After 67 Years Operation in Nigeria

TotalEnergies, is now set to end gas flaring after 67 years of operation in Nigeria. Mr Mike Sangster, the Managing Director, TotalEnergies EP Nigeria Limited said this during the panel session of the International Oil Companies (IOC) at the on-going 7th edition of the Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos Sangster represented by Mr Victor ...

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NLNG Reaffirms Commitment to Finima Nature Park after International Award

Nigeria LNG has reaffirmed its commitment to conserving nature and preserving wetlands at its Finima Nature Park on Bonny Island as part of plans to promote decarbonisation and green culture. The Company stated this on the back of the Federal Ministry of Environment’s commendation to NLNG and Finima Nature Park during the celebration of World Wetlands Day. The Minister of ...

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NLNG’s Bonny Plant Still In Operation

Nigeria LNG Limited confirms that operations at its plant on Bonny Island are still active despite a Force Majeure declared in October 2022 and feed gas supply challenges. The plant continues to produce LNG and LPG commensurate to the feed gas it receives from its upstream gas suppliers. Andy Odeh, General Manager, External Relations and Sustainable Development In statement stated ...

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Gas : NUPRC Announces 139 Bidders for Next Stage of Commercialization

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced 139 business entities as having qualified for the next round of the Nigerian Gas Flare Commercialisation Programme (NGFCP) 2022. In a statement signed by the Chief Executive of the Commission, Mr Gbenga Komolafe, the oil and gas regulator stated that 300 bidders entered for the scheme initially. “NUPRC is pleased to ...

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NLNG’s Intervention is Bridging LPG Supply Gap

Energy crisis remains a notable feature of many economies in the last one year with many seeking alternatives that will aid accessibility, reliability and cost efficiency. To achieve this, access to gas has become non-negotiable, even if it requires government adjusting policies. Leveraging the intervention of the NLNG, the Federal Government hopes to improve access to cooking gas and reduce ...

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