World Gas Congress opens in South Korea . With NNPC, NLNG officials attending By Eyo Nsima The World Gas Congress, WGC, has opened in Daegu, South Korea, with Nigeria, a major gas producing and exporting nation participating. The nation is represented by major players in the sector, including NNPC Limited, and the Nigeria LNG Limited. […]
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Dangote’s 650,000 Refinery will meet 100 per cent Nigeria’s fuel demand and enough for export, the Technical Consultant, Dangote Industries Ltd, Engr. B. A. Soyode, has said. Soyode, stated this during the Nigeria Content Midstream/Downstream Oil and Gas Summit, Tuesday in Nigeria. He said the products will be of very high environmentally compliant quality specifications
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Breaking: Importation of fake cylinders killing local manufacturing — Obi The Managing Director/CEO, TECNO Gas Limited, Mrs. Nkechi Obi, has urged the Federal Government to check massive importation of low quality gas cylinders into the nation. Speaking at the ongoing Nigerian Content Midstream – Midstream Oil and Gas Summit in Lagos, She said such importation
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**Targets 10 additional carriers in 10 years The Nigerian National Petroleum Company Limited (NNPC) and leading energy and infrastructure conglomerate, Sahara Group today took delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at the Hyundai MIPO Shipyard in Ulsan, South Korea, with plans to add 10 vessels in 10 years to enhance Africa’s
Wabote harps on energy security as Nigerian Content Midstream – Downstream opens in Lagos By Eyo Nsima The Executive Secretary, Nigerian Content Development and Monitoring Board, Engr. Simbi Wabote, has harped on energy security, as the Nigerian Content Midstream – Downstream Oil and Gas Summit, opens in Lagos. While welcoming attendees to the important event,
By Godswill Odiong A renowned oil and gas analyst, Comrade Bala Zakka has attributed the inability of Nigeria to meet the Organisation of the Petroleum Exporting Countries (OPEC) quota to lack of political will by leaders in the country. Nigeria’s OPEC quota is pegged at 1.8 million bpd but in the last few years, the
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Heavy reliance on importation and weak Naira have been blamed for the spike in aviation fuel, currently pegged at about N600/litre. An energy analyst, Comrade Bala Zakka, who stated this recently while featuring as a guest speaker in the Daily Africa Summit, said besides the Ukraine-Russia conflict, fluctuations in the global price of crude oil
The Ukraine-Russia conflict has caused panic and spike in prices, but could prompt a long-term shift towards sustainability. This was the perspective of Comrade Bala Zakka, an energy analyst, who appeared as guest speaker in The Daily Africa Summit on the topic: “Ukraine-Russia War: Embargoes, Oil Market and Africa Economy”, Friday in Lagos. The analyst
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Seplat Energy PLC, a leading Nigerian energy company dual listed on both the Nigerian and the London Stock Exchanges, is pleased to announce that Mr. Basil Omiyi, CON, has been appointed as the Company’s new Independent Non-Executive Chairman, effective immediately. His appointment follows a thorough assessment of internal and external candidates and was approved after
NLNG wins Most Supportive Taxpayer Award By Eyo Nsima Nigeria LNG Limited has been recognised by the Federal Inland Revenue Service (FIRS) as its most Supportive Tax Payer. This recognition was conveyed via a Press Release issued by the Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Muhammad Nami, in which he commended the
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