August 30, 2024ConcessionDistributionNewsPowerTransmission

TCN, BPE sign agreement for deployment of 1,437,500 W’Bank-funded smart meters with Chinese consortium

… make progress with World Bank’s $500 million facility amidst court injunctions Oredola Adeola The Federal Government, through the Transmission Company of Nigeria (TCN) and the Bureau of Public Enterprises (BPE), has signed a contract agreement with Chinese consortiums for…

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August 30, 2024DistributionNewsPower

EKEDC justifies UNILAG power disconnection over ₦1,035,197,446.43 debt

…insists ₦180 million payment only covers a small portion—17.39 percent—of total debt … “UNILAG was disconnected on August 27, after exhausted negotiations fail to yield resolution” – Lasaki   Oredola Adeola The Eko Electricity Distribution Company (EKEDC) has clarified its…

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August 29, 2024DownstreamEnergy TransitionGasGenerationGreen FinanceMidstreamNewsSustainability

NIPCO Gas, NNPCL commission Lekki gas distribution project with 100 MMSCFD capacity

… NIPCO Gas, NNPCL operationalize gas supply to 24 MW power plant in Lagos Lekki Free Trade Zone Oredola Adeola NIPCO Gas, in collaboration with NNPC Gas Marketing Limited, has officially launched the Lekki Gas Distribution Project, boasting a capacity…

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August 27, 2024NewsPowerSabotageSecurityTransmission

Transmission towers vandals persist despite arrests, as TCN confirms another incident in Osun State

Oredola Adeola Despite numerous arrests made so far 2024, electricity vandals have continue their onslaught unabated, as Transmission Company of Nigeria (TCN) has again confirmed the capture of a vandal in Osun State, caught in the act of returning to…

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August 26, 2024DistributionGenerationLocal ContentNewsPower

Gov Aiyedatiwa of Ondo assures completion of 30 MW tri-fuel power plant in Ore after 12-year delay

Oredola Adeola Governor Lucky Aiyedatiwa of Ondo State has reaffirmed his commitment to bringing the 30 MW Tri-Fuel turbine power plant located along the Ore-Sagamu Expressway in Ore to fruition, after 12 years being on under construction. Comrade Allen Sowore, Senior…

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August 26, 2024DownstreamFinanceGasMaritimeMidstreamNews

NNPCL launches LNG shipments to Japan, China on DES basis, boosts global supply footprint 

… NNPC Shipping Ltd intends to build a shipping portfolio, including owned vessels … schedules to deliver at least two more LNG cargoes to Asian market on a DES basis by November   Oredola Adeola The Nigerian National Petroleum Company…

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August 26, 2024DocumentaryDownstreamLocal ContentMidstreamNewsOil & GasService CompanyUpstream

PETAN pledges to empower Uganda’s oil, gas sector with training investments

… recommends strategic investments in training programmes to accelerate employment growth in Uganda   Thelma Tokunbo Petroleum Technology Association of Nigeria (PETAN) has pledged to support Uganda’s budding oil and gas industry through human capacity development initiatives, calling for investments in…

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August 23, 2024DistributionGenerationNewsPowerTransmission

Adelabu appeals to bulk power consumers, industries to reconnect to national grid

… commits to restoring trust, confidence, stability in NESI …. highlights cost benefits of grid electricity at ₦206.80/kWh compared to up to ₦950/kWh for Diesel generators … seeks to deploy smart meters to boost off-peak electricity consumption, amidst drop in…

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August 22, 2024DownstreamGasImpactNews

Average cost per 1kg cooking gas cylinder drops to ₦1,194.91 in July 2024 – NBS

…  decreases by 14.23% Month-on-Month Thelma Tokunbo The average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (LPG) decreased by 14.23% from ₦6,966.03 in June 2024 to ₦5,974.55 in July 2024. This decline results in an average…

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August 22, 2024DownstreamNewsSabotage

NAFDAC seizes three petrol tanker trucks in Apapa for allegedly transporting edible vegetable oil 

… trucks heading to oil processing facility in Sango-Ota, Ogun state …  allegedly owned by OSAD oil & gas marketing company Oredola Adeola The National Agency for Food and Drug Administration and Control (NAFDAC) has seized three petrol tanker trucks…

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