liquefied natural gas
Manufacturing and intractable power challenge
The intractable power supply situation in the country has forced manufacturers to devise alternative means of providing electricity to industrial clusters even as the price of natural gas has hit rooftop.
Nigeria’s gas-to-power agenda may hedge LNG negative sentiments
With glut in the Liquefied Natural Gas (LNG) sector, a new report from the Oxford Institute for Energy Studies (OIES), has stated that the margin for exporting the product remains negative, and could remain so for the duration of 2020.
Global adoption of LNG as marine fuel rises over IMO 2020
The Liquefied Natural Gas (LNG) is fast gaining strength as alternative marine fuel, as a worldwide push is on to sharply reduce or eliminate harmful emissions from the burning of fossil fuels by ocean going ships.
Stakeholders explore sustainable solutions to power challenges
Worried about the poor state of power generation and distribution in the country, stakeholders in the renewable energy space as well as Liquefied Natural Gas (LNG) sector, are exploring solutions to address the gaps.
Oil firms struggle to meet IMO 2020 clean fuel for ships
Barely eight months to the take-off of the new shipping fuel regulations by the International Maritime Organisation (IMO), oil firms and refiners have begun jostling for significant share of the new fuel market created by the shipping sector.
NGMC receives GACN’s purchase order for mini LNG project
The Nigerian Gas Marketing Company has been issued a Gas Purchase Order (GPO) by the Gas Aggregation Company of Nigeria (GACN)...
Putin inaugurates Russia’s first LNG floating storage facility
Russian President, Vladimir Putin, on Tuesday, inaugurated the country’s first Liquefied Natural Gas (LNG), Floating Storage and Regasification Unit (FSRU) in Kaliningrad, a Russian enclave between Poland and Lithuania on the Baltic Sea.
Shipping firms stake $21.8b on second-hand vessels
A new report by the Vessels Value, a United Kingdom based research firm showed that shipping firms across the world spent over $21.8 billion on second-hand vessels in the first half of 2016.
Infrastructural challenges raise LPG price
Already, the price of refilling a 12.5kg gas cylinder has increased from N2, 500 to between N2, 800 and N3, 500, depending on the location.