PIA to alleviate energy poverty envisioned in the UN’s SDG No 7—Sylva
The Minister of State, Petroleum Resources, Chief Timipre Sylva has disclosed that “in Nigeria, the industry game changer – that is, the Petroleum Industry Act (PIA 2021) will undoubtedly support Africa and indeed the global endeavour to alleviate energy poverty…
National Gas Expansion Program (NGEP) key enabler to the diversification—FG
The Honourable Minister of State, Petroleum Resources, His Excellency, Chief Timipre Sylva, has described the National Gas Expansion Program (NGEP) as key enabler to the diversification and growth of Nigeria’s broader economy. Speaking at the Third (3rd) Quarter 2020 Ministry…
FG partners stakeholders on alternative energy to make 2020 Year of Gas thick
Working on the strategic understanding that partnership with the private sector remains the best bet for government to deepen industry growth, the Federal Government has began talks with gas experts to drive Nigeria’s Year of Gas Revolution. Otherwise, as part…
Introduce clause forbidding EFCC from detaining oil vessels in PIB, NASS advised
As all is set for the Ministry of Petroleum Resources to hand in the revised Petroleum Industry Bill (PIB) to the National Assembly in two weeks for passage into law, experts in oil and gas industry has called on lawmakers…
Downstream oil sector deregulation designed to drive growth—Minister
The Minister of State for Petroleum Resources, Chief Timipre Sylva Thursday averred that the ongoing deregulation of the downstream oil sector was to ensure economic growth and development of the country. Giving further insights in Abuja, he said it was…
Nigerian content intervention fund jumps to $350m
The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the expansion of the Nigerian Content Intervention Fund from US$200 million to US$350 million. The enlargement of the Fund by US$150 million was part of the…
AKK would open up industrial activities in the northern corridor—Sylva, Kyari
The Minister of State, Petroleum Resources, Chief Timipre Sylva has averred that on completion of the $2.8bn Ajaokuta-Kaduna-Kano (AKK) gas pipeline, there are clear chances of unlocking the industrial potentials and activities in the northern corridor. Speaking during the virtual…
Minister’s TA, Derefaka gives insights on imports of $2.8bn AKK gas pipeline
Technical Adviser (TA), Gas Business & Policy Implementation to the Honourable Minister of State, Petroleum Resources and Program Manager, Nigerian Gas Flare Commercialization Programme (NGFCP), Mr. Justice Derefaka, has given clear details on the imports of the launched $2.8 billion…
Minister, officials flag off Committee activities for Gas Price Review
The Federal Government has initiated plans to review the price of gas in the country. This was made known by the Minister of State, Petroleum Resources, Chief Timipre Sylva while inaugurating the Committee on Gas Sector-Wide Review of the domestic…
Award of Train 7 contract good for Nigerian economy—Minister
The minister of State, Petroleum Resources, Chief Timipre Sylva, has described the recent sealing of LNG Train 7 deal as “A historic moment. Nigerians have long awaited the take-off of the Nigeria LNG Limited’s Train 7 Project because of its…
