Nigeria is positioning its vast natural gas resources at the centre of a bold continental energy push as it joins Ethiopia to drive a new cross-border gas supply network aimed at easing Africa’s persistent energy shortages. The two countries have launched a large-scale infrastructure proposal designed to reshape regional energy access, industrial growth and environmental […]
The Federal Capital Territory Administration has rolled out a major clean-energy programme that will distribute 5,000 cooking-gas cylinders — with six months of free refills — to households across the six area councils. The initiative, known as the Breath Clean Air Initiative or Project Breathe Clean Air Abuja, was launched on Saturday at the Bola […]
Nigeria LNG Limited (NLNG) has signed long-term gas supply agreements (GSAs) with six third-party suppliers in a move to secure feedgas for its operations and support future expansion. The 20-year contracts, which come with extension options, will deliver about 1,290 million standard cubic feet per day of gas to NLNG’s facilities on Bonny Island, Rivers […]
BY TEMITOPE ADEBAYO The gas distribution chain in Nigeria is broadening through an Industry-wide synergy and cooperation to promote the ongoing gas commercialisation initiatives of the government. This is as the federal government decries poor domestic gas utilisation. This sentiment was echoed by Mrs Olu Arowolo Verheijen, Special Adviser on Energy to the President, who […]
The Society of Petroleum Engineers (SPE) Africa has raised concerns over Nigeria’s persistent waste of natural gas, warning that poor infrastructure and low industrial capacity continue to hinder the full utilisation of the country’s vast energy resources. The group also highlighted the growing global shift towards decarbonisation, stressing the need for Africa’s petroleum industry to […]
BY MOTOLANI OSENI Despite concerns over emissions and affordability, natural gas is expected to remain a key part of the energy mix for decades, particularly in power generation, industrial processes, and transport. According to a new report from Wood Mackenzie, natural gas will play a critical role in the global energy transition, serving as a […]
BY TEMITOPE ADEBAYO There will be a marginal drop of major gas supply from Nigeria to Key West African countries following major asset repairs. The West African Gas Pipeline Company Limited (WAPCo), owner and operator of the West African Gas Pipeline (WAGP) has announced a scheduled major pipeline maintenance activity. These activities include the pigging […]
Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has successfully secured a commitment from Jindal Group to off-take about 450 million metric standard cubic feet per day (MMscfd) of natural gas to underpin a $4 billion investment in a 10 million tonnes per annum Hot Briquetted Iron (HBI) Steel Plant to be located […]
The Federal Government, on Monday, announced a new price of natural gas for power generation companies. An agency of the Federal Government, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), unveiled the new domestic base price and wholesale prices of natural gas for 2024, jacking it up to $2.42 per metric million British thermal […]
The National Bureau of Statistics (NBS) has released a report stating that the average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) has increased. In its latest data update, the government agency noted that in January 2024, the price of refilling cooking gas rose by 3.55% compared to December 2023, […]
A leading Nigeria gas company, UTM Offshore Ltd, owners of the first Floating Liquified Natural Gas (FLNG) company in Nigeria, has said that ‘Decade of Gas Policy’ of the Federal Government has further provided direction and clarity for investors in the gas industry. The Managing Director and Chief Executive Officer (CEO) of UTM Offshore Ltd, […]
Mr Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has reiterated the Federal Government’s readiness to foster collaborations and partnerships that would facilitate national goals for domestic gas utilisation and export. Ekpo said this at the 8th Sub-Saharan Africa International Petroleum and Exhibition Conference on Tuesday in Lagos. The News Agency of Nigeria (NAN) […]
The Senate Committee on Gas yesterday summoned no fewer than 15 Oil and Gas companies, beneficiaries of disbursement of billions of Naira from the Nigeria Gas Expansion Program (NGEP), an intervention fund by the Central Bank of Nigeria (CBN). The invited companies include NIPCO Gas Ltd; NIPCO Plc; Hyde Energy Ltd; Lee Engineering and Construction […]
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has attributed hike in the price of cooking gas to fluctuations in exchange rate, multiple taxes, scarcity of foreign exchange, among others. Mr Bassey Essein, Executive Secretary, NALPGAM, said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos. Essein also […]
By Tunde Shorunke Federal government through the Nigeria Gas Expansion Programme (NGEP) may soon start the conversion of vehicles to run on gas. This is even as the Ministry of Petroleum Resources secured a N250billion facility as part of a stimulus package for the sector. This move is aimed at creating alternative energy for motorists […]
“The Honorable Minister of State for Petroleum Resources, H.E. Chief Timipre Sylva has declared 2020 as the year of Gas for the Nation”, the news piece started. What amazing news! And certainly long overdue. As it seems, Nigerian officials have finally taken the cue. As I have said ever so often, more than an oil […]
Abuja – The Nigeria Extractive Industries Transparency Initiatives (NEITI), says Nigeria earned 21 billion dollars from the oil and gas sector in 2017. NEITI disclosed this in its 2017 oil and gas industry report released in Abuja on Wednesday. It said that the figure showed a 23 per cent increase from the 2016 figures of […]
Abuja – Mr Waziri Adio, the Executive Secretary Nigeria Extractive Industries Transparency Initiative (NEITI) says the Federal Government will soon unveil the beneficial ownership register for the oil and gas industry. Adio, who disclosed this to newsmen in Abuja on Tuesday said the register would be unveiled on Dec. 12. The beneficial ownership register is […]
Lagos – Mr Ahmadu Kida-Musa, Deputy Managing Director, Deep Water District of Total Exploration and Production Nig. Ltd., says there are still billions of barrels of oil and trillions cubic feet of gas yet to be discovered in Nigeria. Kida-Musa said that Nigeria had not fully explored its oil fields even in the “so called” […]
The Edo State Government has strengthened ties with the Nigerian Army and the Nigeria Security and Civil Defence Corps (NSCDC) to go after individuals and groups involved in illegal activities in the oil and gas sector in the state. Commissioner for Minerals, Oil and Gas, Hon. Joseph Ikpea warned individuals and groups involved in such […]