NLNG signs MoU with USAID to eliminate malaria in Bonny Nigeria LNG Limited (NLNG) today signed a five-year Memorandum of Understanding (MoU) with the U.S. Agency For International Development (USAID) to make Bonny Island, its operational base, malaria-free. The MoU was signed by NLNG’s Managing Director/Chief Executive Officer, Engr. Tony Attah on behalf of […]
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INDIA: Total seals 5-Year Supply Agreement with ArcelorMittal Nippon Steel Total and ArcelorMittal Nippon Steel (AMNS) have signed an agreement for the supply of up to 500,000 tons of liquefied natural gas (LNG) per year until 2026. The LNG will be sourced from Total’s global portfolio and offloaded either in Dahej or Hazira LNG
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The African Energy Chamber (AEC), recently held a meeting with the Central Bank of Central African States (BEAC) to discuss the effects of BEAC’s in December 2018 adopted FX regulations, which are due to come into effect on the 1 January 2022. The meeting was in response to concerns by energy companies operating in the
As French and African leaders gather on May 18 in Paris for the France-Africa Summit, Mozambican leaders and Total have a brilliant opportunity to push for the resumption of LNG projects in Mozambique and get things going. Even if exploitation of natural resources is not particularly on the Summit’s agenda, there will be no better
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The African energy sector continues to solidify partnerships with German investors and technology with the aim of leading energy businesses from Germany, Europe and across the African continent. From upstream to downstream, Africa’s energy sector must accelerate its transition to net-zero, continue to adopt new technologies and start to embrace digitization and decentralization over the
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By Eyo Nsima The Department of Petroleum Resources (DPR) says the Oil and Gas Alternative Dispute Resolution Center (ADRC) in Lagos has successfully resolved its first case in line with the objective of the Federal Government for speedy resolution of disputes in the industry. Mr. Paul Osu, Head, Public Affairs, DPR made the announcement in
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NCDMB to hold virtual oil and gas opportunity fair The Nigerian Content Development and Monitoring Board (NCDMB) has announced that the 2021 edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) will be held virtually on May 25 and 26, 2021. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote revealed this on Tuesday during a press conference organised in Lagos,
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How floating LNG will impact on revenue in Nigeria — DPR By Alison Godswill The Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence the development of 176 million cubic feet per day Liquefied Natural
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DPR pledges support for first floating LNG Production Plant Project The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. Mr. Sarki Auwalu, Director, DPR gave the assurance at the online contract signing of an agreement by an indigenous oil and
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Why implementation of 20% hike in freight cost is delayed – PEF By Godswill Odiong THE Executive Secretary of the Petroleum Equalisation Fund, Ahmed Bobboi has attributed the delay in the implementation of 20 per cent rise in the cost of transporting premium motor spirit, petrol, in pricing template to an ongoing negotiation between the
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