Nigeria raked in about $868.5million (N361.43billion at the official exchange rate of N416.15/$) from gas export and N13.36bn from domestic gas sale in 2021, an analysis of the latest gas revenue data and other monthly reports obtained from the Nigerian National Petroleum Company Limited showed. Data from the oil firm showed that the Federal Government through NNPC garnered the funds ...
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Selai Gas Commissions 30 Metric Tons Refill Station, Gets Support from NCDMB
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has applauded Selai Gas Station Limited on the commissioning of its 30 metric tons gas refilling plant located at Agege, Lagos State. Speaking at the commissioning of the facility in Lagos on Thursday, the Executive Secretary described Selai Gas as one the front-runners that ...
Read More »We’re Building Europe-Bound Pipelines to Deliver Gas – NNPC
The Nigerian National Petroleum Company Limited on Monday said it was currently working on building pipelines that would deliver gas from Nigeria to Europe. NNPC’s Group Managing Director, Mele Kyari, disclosed this while speaking virtually at the Atlantic Council Global Energy Forum. The forum was hosted in the United Arab Emirates. He stated that Nigeria was moving away from dirtier ...
Read More »Gas Retailers Again Decry Rising Price of LPG
The Liquefied Petroleum Gas Retailers (LPGAR) a branch of NUPENG, has decried the return of liquefied Petroleum Gas (LPG) price rise which has led to an increment of up to one thousand naira (N1,000:00) for 12.5kg size or eighty naira (N80:00) for 1kg within the last two weeks throughout the country. A statement signed the Branch Chairman, Mr. Chika Michael ...
Read More »NNPC, Shell, Totalenergies Sign Pact with Dangotre on Gas for Fertizer
……….$170 Million Export Earnings Expected…….. ……by Ben Ndubuwa…….. The lead joint venture partners, the Nigeria National Petroleum Corporation Limited (NNPC) together with its partners including Shell, Totalenergies and Eni have signed pact with Dangotre fertilizer company to supply gas feed stock to the fertizer company. The multi million dollar agreement in which about 70 million standard cubic feet scuf will ...
Read More »NLNG Kick Starts Plans for Train-8 to Reduce Carbon Emission
………by Ben Ndubuwa…….. The Managing Director of the Nigeria Liquefied Natural Gas (NLNG) Phillip Mshelbila has said that plans are under way to commence Train-8 which will be different from the previous ones as the new Train – 8 will not only address the issue of increased capacity but will lay emphasis on the reduction of carbon emissions. Mshelbila who ...
Read More »Nigeria to Invest $50 Million and Inject 20 Million Gas Cylinders to Boost Clean Energy
…….by Ben Ndubuwa…….. Nigeria is to Invest over $50 Million and also Inject 20 Million gas cylinders. The gas cylinder distribution will be a pilot scheme in five states to boost Clean Energy. .President Muhammadu Buhari represented by the Minister of state for Petroleum Resources, Timipre Sylva, said this while declaring the 5th Nigeria International Energy Summit (N.I.E.S) open at ...
Read More »NLNG Appoints Prof. Nnaji as Science Prize Board Chair for 2022 Cycle
The Nigeria LNG Limited (NLNG) has announced the appointment of Professor Barth Nnaji, a renowned scientist and former Minister of Power, as the chairperson of the Advisory Board for the 2022 cycle of the NLNG Prize for Science. Professor Nnaji succeeds Professor Emeritus Akpoveta Susu, a former science prize winner who retired from the Board in 2022. Professor Susu was ...
Read More »NMDPRA Partners NLNG to Solve Nigeria’s Energy Challenges
The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Engr. Farouk Ahmed, said the Authority was ready to partner with the Nigerian Liquified Natural Gas (NLNG) towards solving Nigeria’s energy challenges and increase gas use in cooking, transportation and power generation. A press statement, which he issued yesterday noted that he spoke in Abuja when he received ...
Read More »Ardova Plc to Conclude Construction of West Africa’s Largest LPG Storage Facility in December 2022
Ardova Plc (“AP” or “Ardova”) recently held a groundbreaking ceremony to commemorate the ongoing construction of its new world-class Liquefied Petroleum Gas, LPG, storage facility at the company’s Ijora-Lagos Campus. The LPG facility which will sit on 8.8 hectares and have a combined storage capacity of 20,000 metric tonnes, underscores Ardova’s commitment to grow revenues from cleaner fuels. The Chief ...
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