GAS

ExxonMobil and Chevron could gain access to Algeria’s vast natural gas resources as the U.S. supermajors are in advanced talks for exploration and production deals in the North African country, The Wall Street Journal reported on Friday, quoting sources with knowledge of the talks and Algerian Energy Minister Mohamed Arkab. Algeria holds huge conventional natural gas reserves, and it is ...

An indigenous gas marketer, Second Coming Nig. Ltd., has introduced 20kg composite Liquified Petroleum Gas, LPG cylinders into the domestic market to deepen gas utilisation in every household. The firm’s Chief Executive Officer, Dr Basil Ogbuanu, at the launch on Tuesday in Lagos, said this would make it easier for families to enjoy durability of usage than refilling frequently. According ...

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has called on industries in the country, particularly large consumers of petroleum products, to transit from diesel to gas. The NMDPRA Chief Executive, Farouk Ahmed made the call at a one-day stakeholders engagement on gas utilisation in Nigeria held in Kano on Monday. Ahmed, who was represented by the Executive Director, Distribution ...

Shell has halted production at Prelude LNG – the world’s largest floating liquefied natural gas facility offshore Australia – due to a trip, a spokesperson for the supermajor said on Friday without giving details when production could resume.“Production on the Shell-operated Prelude FLNG facility has been temporarily suspended due to a trip,” a spokeswoman for Shell told Reuters on Friday. ...

Nigeria has been listed among ten global countries with biggest gas reserves. Nigeria according to a report came after the United Arab Emirates, UAE, with natural gas reserves of 5.85 trillion cubic meters. This makes it the country with the largest proven natural gas reserves in Africa, but utilizing these reserves has lagged behind the utilization of its oil reserves. ...

In furtherance of its efforts to deepen Nigeria’s domestic gas utilization and enhance gas export in Nigeria, the Nigerian National Petroleum Company Limited (NNPCL) has signed a Memorandum of Understanding (MoU) with a Golar LNG (GLNG), Norwegian company to build a Floating Liquified Natural Gas (LNG) plant in Nigeria Mele Kyari, Group Chief Executive Officer(GCEO NNPCL) and Mr. Karl Fredrik ...

Axxela Limited, sub-Saharan Africa’s leading gas & power company, has reinstated commitment to invest in clean energy space to further bolster Nigeria’s energy security initiative. The company made the commitment when it received an industry award as the ‘Nigerian Domestic Gas’’ ambassador in recognition of its strong commitment and support for the advancement of the natural gas sector from the ...

Seplat Energy Plc, leading Nigerian independent energy company, says its commitment to the Federal Government’s Decade of Gas position remains firm and unwavering. The energy company said it will continue to develop Nigeria’s gas resources to accelerate the replacement of diesel and biomass and support economic growth through the supply of reliable, low cost energy. Seplat Energy drove these narratives ...

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it has so far spent over 1.1 billion dollars on the ongoing construction of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline and Station project from its cash-flow. The NNPC Limited GCEO, Malam Mele Kyari said this on Monday while touring some of its project sites in Kogi, with newsmen and other stakeholders. Kyari ...

…. Begins to allocate spaces to investors at NOGaPS…… As Nigeria navigates the 3rd year of implementing the Decade of Gas Programme of the Federal Government, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advocated for action parties to provide annual status reports of the successes, issues, support required, and target ...