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NIPCO Gas to develop 35 CNG stations, offers autoCNG at N200-N230/scm against PMS prices of N610-N670/ltr in Lagos, Abuja
April 15, 2024DownstreamGasGreen FinanceMidstreamNewsOil & Gas

NIPCO Gas to develop 35 CNG stations, offers autoCNG at N200-N230/scm against PMS prices of N610-N670/ltr in Lagos, Abuja

… sets to complete 4 CNG stations in Lagos by May …  to expand gas transportation pipeline to Ibadan, distribution network in Lekki Free Zone .. applauds FG/NNPC for confidence in NIPCO’s expertise to revolutionize CNG infrastructure nationwide   NIPCO…

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NALPGAM backs FG’s ban on LPG exportation, exposes activities of Shell, ExxonMobil others
March 25, 2024DownstreamEnvironmentGasImpactInterviewLocal ContentMidstreamNewsOil & GasSpecial Report

NALPGAM backs FG’s ban on LPG exportation, exposes activities of Shell, ExxonMobil others

… Olatunbosun challenges major oil companies to provide evidence of investment in gas infrastructure in Nigeria  … warns of potential cooking gas price surge, if Shell, Total continue exportation Mr. Oladapo Olatunbosun, National President of the Nigerian Association of Liquefied…

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NCDMB, NLNG conduct inspection in South Korea for Train 7 project fabrication
March 22, 2024DownstreamFinanceGasGreen FinanceLocal ContentMidstreamNews

NCDMB, NLNG conduct inspection in South Korea for Train 7 project fabrication

  Oredola Adeola   The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria LNG are currently have embarked on an onsite out-of-country monitoring visit to South Korea to inspect facilities fabricating Pressure Vessels, Columns, Heat Exchangers, and Filters for…

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NNPCL makes strategic shift, vows to prioritize gas for power generation, industrialization over oil dominance
March 21, 2024DownstreamGasMidstreamNewsOil & GasPowerUpstream

NNPCL makes strategic shift, vows to prioritize gas for power generation, industrialization over oil dominance

  Oredola Adeola   The Nigerian National Petroleum Company (NNPC) Ltd. has revealed that its transition from traditional role as a major oil company to a key player in the gas sector, is deliberately pivoted towards utilizing gas for power…

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NGA hails Tinubu’s policy directives on natural gas, foresees economic boom 
March 19, 2024DownstreamFinanceGasNewsOil & GasUpstream

NGA hails Tinubu’s policy directives on natural gas, foresees economic boom 

  Oredola Adeola The Nigerian Gas Association (NGA) has hinted that the Federal Government’s recent publication of three vital policy directives in the Gazette, will not only draw significant investments but also improve security measures, elevate production rates, promote domestic…

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Kyari urges EFCC to focus on crude oil theft, denies corruption allegations against NNPCL
March 12, 2024DownstreamImpactMidstreamNewsOil & GasOil theftSabotageSecurityUpstream

Kyari urges EFCC to focus on crude oil theft, denies corruption allegations against NNPCL

…says many issues of corruption reported to public were either not true or recycled … NNPCL cracks down on 6,409 illegal refineries, disconnects 4,846 pipes in Niger Delta Oredola Adeola   Mele Kyari, Group Chief Executive Officer, Nigerian National Petroleum…

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 Ekpo foresees reduction in prices of cooking gas, CNG with disbursement of MDGIF
March 9, 2024DownstreamFinanceGasImpactLocal ContentMidstreamNewsOil & Gas

 Ekpo foresees reduction in prices of cooking gas, CNG with disbursement of MDGIF

… seeks stakeholders’ collaboration to unlock potential of Nigeria’s gas sector   Oredola Adeola   Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), has revealed that the Midstream and Downstream Gas Infrastructure Fund (MDGIF) is more than just a…

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“Dollarisation trend by NPA, NIMASA driving up petroleum products prices – MEMAN warns
March 8, 2024DownstreamImpactNewsOil & GasReview

“Dollarisation trend by NPA, NIMASA driving up petroleum products prices – MEMAN warns

    Oredola Adeola   The Major Energy Marketers Association of Nigeria (MEMAN) has warned against the adverse effects of the prevalent “dollarisation” practice in fee collections by government entities, citing concerns over exchange rate volatility leading to soaring petroleum…

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FG pays about N1trn monthly petrol subsidy, Pinnacle Oil MD reveals, challenges NNPCL to open up
March 1, 2024DownstreamFinanceOil & GasSabotage

FG pays about N1trn monthly petrol subsidy, Pinnacle Oil MD reveals, challenges NNPCL to open up

  Oredola Adeola Robert Dickerman, the Managing Director/Chief Executive Officer of Pinnacle Oil and Gas Ltd, has revealed that Nigeria is currently paying a staggering N1 trillion monthly as a subsidy on Premium Motor Spirit (petrol), which he claimed is…

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NNPC Ltd not hindering IOC’s divestment, but facilitating incremental production on all assets -Kyari 
February 28, 2024DownstreamMidstreamNewsOil & GasUpstream

NNPC Ltd not hindering IOC’s divestment, but facilitating incremental production on all assets -Kyari 

  Oredola Adeola The Nigerian National Petroleum Company Limited (NNPC Ltd), has assured that its role in the divestment of the International Oil Companies from onshore and shallow water assets in the country is that of a facilitator, and not…

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