FG needs private sector to succeed in national gas scheme—MOMAN boss
Leadership of the Major Oil Marketers Association of Nigeria (MOMAN) has made it clear to the Federal Government that it needs the support of the private sector, to implement the National Gas Policy. The scheme is aimed at deepening gas…
NNPC Will No Longer Run Refineries – Kyari
The Nigerian National Petroleum Corporation (NNPC) will no longer be involved in the management of the nation’s refineries after their rehabilitation. This was disclosed Wednesday by the Group Managing Director of NNPC, Mallam Mele Kyari. He disclosed that upon completion…
Minister steps up campaign for use of CNG as transport fuel
The Minister of State for Petroleum Resources, Chief Timipre Sylva has restated the importance of Compressed Natural Gas (CNG) in complementing Premium Motor Spirit (PMS) utilization as transport fuel. Giving insights on factors considered by the Federal Government in slashing…
Nipco lists four anti investment forces in CNG sub-sector
Managing Director of leading player in Compressed Natural Gas (CNG) subsector, Nipco Gas Limited, Mr. Sanjay Teotia has identified lack of access to land, paucity of infrastructure, inappropriate pricing, and non-existence of a regulating agency as the key drawbacks against…
NLNG allays fears of cooking gas scarcity in Lagos, saturates metropolis
The observed rising scarcity of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, in Lagos which last week led to an increase in the retail price of the commodity, has been dispelled following the huge supplies of the product…
(Special Report) Nigeria’s Gas development: The Chevron success story
No doubt, the development of Nigeria’s vast gas resources has been one of the major policy thrusts of successive governments in Nigeria. It is worthy of note that Nigeria is blessed with resources for growth and global competition in gas….
Commericialising gas flare sites’ll turn Nigeria to LPG exporter—Derefaka
The Program Manager of the Nigerian Gas Flare Commercialization Programme (NGFCP), Office of the Minister of State for Petroleum Resources (MPR), Mr Justice Derefaka, has said that the ongoing efforts of the Ministry to commercialise gas flare sites will raise…
Expect 25% crash in cooking gas price as FG removes VAT from local product
As an official pronouncement is highly expected from the federal government any time from now on the removal of Value Added Tax (VAT) from locally produced Liquefied Petroleum Gas (LPG) popularly called cooking gas, industry analysts say about 25 per…
Inter-ministerial Team inspects Techno Oil LPG cylinder plant, assures incentives
Indications have emerged on federal government’s readiness to deepen private sector investments in Liquefied Petroleum Gas (LPG) cylinder manufacturing. Federal government made the revelation in Lagos when members of the Inter-ministerial Team inspected the Liquefied Petroleum Gas (LPG) cylinder manufacturing…
DPR shuts 19 Skid gas plants over poor safety standards in Ogun
The Department of Petroleum Resources (DPR), Abeokuta Field Office, has shut down 19 Liquefied Petroleum Gas (LPG) and skid plants in Ogun State over their breaches to safety standards and operating without approval. Operation Controller of DPR, Abeokuta Field Office,…
