GAS

The Nigerian National Petroleum Corporation, the Nigerian Content Development and Monitoring Board, Brass Fertilizer and Petrochemical Company Limited and DSV Engineering have signed two key agreements for the construction of a methanol plant and a gas processing plant in Odeama, Brass, Bayelsa State. The methanol plant will have a capacity of 10,000 tonnes per day while that of the gas ...

The Managing Director of Nigeria LNG Limited (NLNG), Engr. Tony Attah has said the large deposit of gas resources in Nigeria would amount to nothing if the gas is not developed and utilised urgently to meet the nation’s energy needs. Engr. Attah said this at the pre-summit conference of the 2021 Nigeria International Petroleum Summit (NIPS) organised by the Federal ...

The Department of Petroleum Resources (DPR) has outlined five critical levers for gas development as Nigeria moves to leverage its abundant gas resources for national growth, diversification of theeconomy and to use gas as the fuel for economic transformation. Engr. Sarki Auwalu, Director, DPR, made this known while speaking at the Pre- Summit Conference of the Nigerian International Petroleum Summit ...

……Says Transition Fuels Unavoidable….. As the world transits to cleaner energy, the Nigerian National Petroleum Corporation (NNPC) has affirmed Nigeria’s preparedness to play a strategic role in the new global energy order. The Group Managing Director of NNPC, Mallam Mele Kyari, made this submission at the Decade of Gas Pre-summit Conference which held Monday in Abuja, with the theme: Towards ...

………….by Ben Ndubuwa……..…..to Build 2000 CNG Outlets in Six Months…… The Federal government has set aside N200 billion with the Central Bank of Nigeria (CBN) as loan for marketers to access in order to build infrastructure for Compressed Natural Gas (CNG) in 2000 filling station and outlets Nationwide. The loan is expected to come with low interest rate to Marketers ...

The Department of Petroleum Resources (DPR) has announced that it shutdown 86 Liquefied Petroleum Gas (LPG) plants in Lagos State in 2020 for operating illegally. This is coming at a time when there have been reported cases of explosions at gas stations in the state with several fatalities and destruction of properties. This disclosure is contained in a statement issued ...

The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Petroleum Industry Bill (PIB) currently before the National Assembly will resolve the issues under the Production Sharing Contracts (PSC) on gas. Sylva made this known at a National Assembly Public Hearing organised by the Joint Committee on Gas Resources, Petroleum Resources, Upstream and Downstream, on Monday, in Abuja. ...

Chief Executive Officer of Axxela Limited, Bolaji Osunsanya, has said the firm was enabling the development of industrial gas clusters to help boost economic development. He spoke at the commissioning of the new 18 kilometres gas pipeline in Ogun State. The 150 million standard cubic feet per day of gas (mmscfd) pipeline runs from Ibefun to Rite Foods Limited’s large-scale ...

The Nigerian National Petroleum Corporation in its latest monthly operations report said the increase in gas supply to 789 million standard cubic feet, which was delivered to gas-fired power plants, led to the generation of 3,358 megawatts of electricity. Also, power sector performance updates seen at the Federal Ministry of Power in Abuja on Monday showed that the industry lost ...

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has pledged its support to the Federal Government’s policy on the National Gas Expansion Programme (NGEP), to deepen the use of Liquefied Petroleum Gas (LPG) and Auto Gas Compressed Natural Gas (CNG). Alhaji Danladi Pasali, the National Secretary of IPMAN, in a statement issued in Abuja, on Sunday, said the resolution was ...