GAS

The Petroleum Equalisation Fund (Management Board) on Sunday charged oil marketers to start moving Premium Motor Spirit, popularly called petrol, through the expanding rail network across the country. PEF also announced moves being made by the agency to equalise the price of Liquefied Petroleum Gas, also known as cooking gas, in order to ensure its affordability and accessibility nationwide. PEF ...

OVH Energy, the licensee of the Oando retail brand and Nigeria’s leading provider of trusted petroleum products and services, has announced its month-long giveaway to reward customers’ loyalty at select LPG Skid plants in various locations across Nigeria. The O-Gas lucky dip giveaway is a customer give back activation from the brand. The activation, which is set to run from ...

Considering the evolution of the security situation in the north of the Cabo Delgado province in Mozambique, Total confirms the withdrawal of all Mozambique LNG project personnel from the Afungi site. This situation leads Total, as operator of the Mozambique LNG project, to declare force majeure. Total expresses its solidarity with the government and people of Mozambique and wishes that ...

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has listed at least 100 filling stations throughout the country that would be used by the federal government for the planned auto gas pilot scheme rollout. The President of the PETROAN, Dr. Billy Gillis-Harry, in a statement in Abuja yesterday, stated that the initiative would be replicated within the five ...

The gas development and commercialization programme of the Nigerian National Petroleum Corporation (NNPC) received a boost Thursday with the execution of the Oil Mining Lease (OML) 143 Gas Development Agreement (GDA) by the NNPC and its partner, Sterling Oil Exploration and Production Company (SEEPCO). A statement by the Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, disclosed that ...

The Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC), Mele Kyari, said the completion of a gas-powered electricity facility in Borno to serve as an alternative to the incessant vandalism of on-grid facilities by insurgents will be in four months. Kyari made this assertion during a visit to the Governor Babagana Umara Zulum of Borno State recently. He added ...

The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says the Federal Government alone cannot halt the hike in the price of Liquefied Petroleum Gas (LPG) across Nigeria. Mr Bassey Essien, Executive Secretary, NALPGAM, made this known while speaking on Tuesday in Lagos. Essien decried the increment in the price of LPG, also known as cooking gas in the past ...

The $2.8 billion 614 kilometre pipeline, with capacity to transport 2.2 billion cubic feet of gas per day, was flagged off by President Muhammadu Buhari on June 30, 2020. It is designed to enable gas connectivity between the east, west and north. In a tweet on Friday, Mele Kyari, group managing director of NNPC, said the line pipes were successfully ...

To check gas flaring in the country, operators in the gas industry have been asked to leverage a $500 billion funding arrangement between the Bank of Industry (BoI) and the Bank of China (BOC) to finance the import of equipment for flare Gas capture. The arrangement which requires the intending borrowers to advance about 25 per cent of their funding ...

The Managing Director of Banner Energy Limited, Mr. Nuhu Yakubu, said has signed agreement with the Nigerian National Petroleum Corporation ( NNPC) to Convert their vehicles to Autogas.. He said that his company has started converting these petrol and diesel-powered vehicles to Autogas in Abuja. Yakibu said that the project was essentially aimed at converting vehicles nominated solely by the ...