GAS

The Olu of Warri, Ogiame Ikenwoli, has called on President Muhammadu Buhari to commence and complete the US$16-billion Ogidigben gas project in Warri South-West Local Government Area of Delta. Ikenwoli made the appeal on Saturday during his fifth anniversary celebration of his coronation held at the Olu of Warri Palace in Ajamimogha, Warri South Local Government Area. The ground-breaking ceremony ...

……..by Abisoye Shola……… Having taken the final investment decision for Train 7, the Nigeria Liquified Natural Gas Limited (NLNG) has set a tall order to bring on stream a total of fifteen Trains to remain a global competitor even as Nigeria opens a floodgate of gas programmes for the nation. The Minister of State for Petroleum Resources, Timipre Sylva had ...

………Assures Nigerians of safety of new autogas scheme…….. The federal government has allayed fears of difficulties by operators interested in the fuel-to-gas conversion scheme for vehicles to run on autogas to access funds. It urged them to take advantage of the provision of N250 billion through the Central Bank of Nigeria (CBN), to embrace the autogas scheme, an exercise to ...

The Federal Government has declared Jan. 1, 2021 to Dec. 31, 2030 as “The Decade of Gas Development for Nigeria”. The Minister of State for Petroleum Resources, Chief Timipre Sylva, made the declaration on Thursday at the Seventh Joint International Energy Forum and International Gas Union (IEF-IGU) Ministerial Gas Forum in Malaysia. Sylva said at the virtual meeting that Nigeria ...

…………..by Jenifer Dike…………. The Major Oil Marketers Association of Nigeria (MOMAN) has lauded the autogas scheme saying the scheme by the Federal Government will bring long-term economic benefits to the country if sustained adding that government should support gas expansion programme with adequate financial incentives to encourage investment into the scheme. MOMAN’s Chairman, Mr Tunji Oyebanji, made the assertion on ...

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Engr. Mele Kyari has said that the corporation is going to provide free conversion services in some selected NNPC retail filling station in the country. This is part of the effort of the corporation aimed at assisting interested motorists to switch from Premium Motor Spirit (PMS) popularly known as petrol to ...

…….by Musa Ibrahim………. President Mohammadu Buhari is insisting on a price of the autogas as he launches the scheme compelling the Minister of State for Petroleum Resources, Chief Timipre Sylva to work out the price of the gas fuel. According to the Minister Nigerians will be encouraged to migrate to the scheme as the price of the autogas is expected ...

Nigeria has lost about $1 billion (N379 billion) which is a cumulative value of gas lost to gas flaring within a 10-month period in the year 2020. It indicated that oil and gas firms operating in the country flared 286.8 billion standard cubic feet, SCF, of gas between January and October 2020. However, according to gas flare data obtained from ...

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and Major Oil Marketers Association of Nigeria (MOMAN) have dismissed the claims that their huge bank credit exposure worth N4 trillion on Liquid fuel are part of their challenges to participate in the autogas scheme The scheme billed to be launched tomorrow Tuesday, December 1 by President Mohammadu Buhari is ...

……petrol may hit N400 per litre……. ……..by Ben Ndubuwa…….,.. The federal government may impose taxes on the use of liquid fuel such as the Premium Motor Spirit (PMS) otherwise known as petrol as President Mohammed Buhari launches the autogas scheme on Tuesday, December 1, 2020. This move is also to encourage the use of autogas as it is cheaper an ...