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NNPC Ltd Sets to Resuscitate Brass and Olokola LNG Projects Returns to Negotiation Table with Offshore Investors

…….. Kyari Calls on Nigeria’s Oil Industry to Adapt to Changing Energy Landscape……….. ………By Ben Ndubuwa………. The Nigeria National Petroleum Company Limited (NNPC Ltd) has said that negotiation is now on going with offshore investors to resuscitate Brass LNG and Olokola (OK) LNG projects. This is coming on the heels of the ever increasing local and international demands for liquefied ...

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Hike in LPG Price Not NLNG Making Delivering 380, 000 Tonnes Into Domestic Market

……contributing 40 percent domestic market share…… Nigeria LNG Limited (NLNG) has noted media reports insinuating that a price hike by the Company is responsible for the surge in the price of domestic Liquefied Petroleum Gas (LPG), commonly known as cooking gas, in the domestic market and predicting that scarcity looms as a consequence.NLNG dismisses these media reports as speculative and ...

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CNG Buses: FG Launches Pilot Phase, Presents Coverted Buses to State House

The Federal Government on Friday launched a pilot phase of the Compressed Natural Gas (CNG) buses, announcing waiver of Value Added Tax (VAT) on CNG purchased vehicles. Engineer Micheal Oluwagbemi, the Chief Executive Officer (CEO) of the Presidential CNG Initiative (P-CNGi) disclosed, in a statement to newsmen, that the initiative on Friday handed over converted buses to State House in ...

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Shell Signs Amended Agreement with Oman LNG Beyond 2024

…….by Ben Ndubuwa……Shell Gas BV (Shell Gas), a subsidiary of Shell plc, and partners in the Oman LNG LLC venture signed an amended shareholders’ agreement for Oman LNG LLC (Oman LNG) extending the business beyond 2024.Oman LNG in turn signed various agreements to secure its gas supply until 2034. The signing ceremony was held under the patronage of His Excellency ...

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AKK Gas Project: July/August 2024 Deadline Dacrosanct, Ekpo tells contractors

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has charged contractors handling the 614 kilometer Ajaokuta, Kaduna, Kano (AKK) gas pipelines project not to default on the promised July/August 2024 completion deadline. The minister who toured the project on Thursday had expressed concerns over the slow pace of work, demanding from Oilserve Limited, the contractor handling the segment one of ...

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Gas Remains Main Driver of Nigeria’s Energy Transition – Nwoked,i NGA Boss

President of Nigeria Gas Association (NGA), Akachukwu Nwokedi has reiterated that gas has to be the Main Driver of Nigeria Energy Transition’ as many Nigerians do not have access to electricity which is the narrative that should be changedHe stated this while speaking at a panel session during the 2023 annual strategic international conference of the Association of Energy Correspondents ...

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NNPC Kicks Against Allegations of Underhand Dealings in Award of Pipeline Rehabilitation

….dismisses involvement of cabals in pipeline business… ……by Jenifer Dike…….The Nigeria National Petroleum Company Limited (NNPCL) has denied allegations of underhand dealings in the award of contract for the the nation’s pipeline business NNPCL said it’s attention has been drawn to reports in an isolated section of the media alleging underhand dealings in the award of contracts for the rehabilitation ...

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Africa Has Been a Prominent LNG Market – Armenante, SAIPEM

Saipem’s Head of LNG Technology, Sergio Armenante has said that Africa is a prominent Liquefied Natural Gas (LNG) market, noting that the company has a consistent track record of EPC projects executed in various African countries as well as participating in almost all the continent’s LNG project developments over the last 10 years. Speaking in an exclusive interview with The ...

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ADIPEC 2023: Ekpo Woos Investors into Gas Sector with Promise of Favourable Fiscal, Operation Environment

Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo (2nd left); Group CEO, NNPCL, Mele Kyari (3rd left); Executive Vice President (EVC), Gas, Power and New Energy, NNPCL, Olalekan Ogunleye (left) and EVP Upstream, Oritsemeyiwa Eyesan (right) at the ADIPEC 2023 in Abu Dhabi, United Arab Emirates on Tuesday. Minister of State Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has ...

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OB3 Gas Pipeline Project: Ekpo Tasks Contractors on December Deadline

…………by Ben Ndubuwa………. Minister of State Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has urged contractors handling theObrikom, Obiafo and Oben (OB3) gas pipeline project to ensure its completion by December this year.He stated this on Thursday during a tour of the 48 × 1.8km gas pipeline project designed to run across the River Niger conveying gas from the South-South and ...

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