LNG
4 Dec
Experts in the energy sector have called on the Nigerian Government and Africa to utilise their natural resources to effectively transition to clean energy.
22 Nov
Nigerian National Petroleum Company Limited (NNPCL) is scouting private financiers to overhaul dormant 5,120 kilometres of pipeline network, insisting, yesterday, in Abuja, that the nation’s refineries, being repaired for about $2.9 billion are on the verge of taking off.
25 Sep
Industry leaders have called for massive investment in gas and energy infrastructure as Nigeria seeks over $1.9 trillion to transition toward cleaner energy.
19 Sep
The Federal Government on Thursday, took delivery of Liquefied Natural Gas (LNG) retrofitted Nigeria Railway Corporation’s (NRC) locomotive as a result of the Public-Private Partnership with De-Sadel Consortium. The Minister of Transportation, Sen. Saidu Alkali made this known during the final test run of the retrofitted locomotive from the Idu Train Terminal to the Kubwa…
11 Sep
Shell has accused US gas company Venture Global of wrongfully earning $3.5bn after delivering liquefied natural gas (LNG) shipments to higher-priced spot markets. The Financial Times reports that Shell's accusation comes following a commodity price spike after Russia invaded Ukraine in February 2002. "Shell says Venture Global wrongfully earned $3.5 billion by breaching an LNG…
8 Sep
The Federal Government has officially granted UTM FLNG Limited a "License to Construct" (LTC) Nigeria's first Floating Liquefied Natural Gas (FLNG) facility, opening a new economic gateway for the country, Africa’s largest crude oil producer, in the global gas market. The issuance of the LTC to UTM FLNG by the Nigerian Midstream and Downstream Petroleum…
26 Aug
Nigerian National Petroleum Company Limited (NNPC) has commenced the shipment of Liquefied Natural Gas (LNG) to Japan and China on a Delivered Ex-Ship (DES) basis, the company said on Monday, citing a move to become a global energy supplier. Chief Corporate Communications Officer of NNPC, Olufemi Soneye, said in a statement, that the milestone was…
22 Aug
Governor Abdullahi Sule of Nasarawa State has described Nigeria as more of a gas than a crude oil state. He spoke at the official commissioning of Greenville's Liquified Natural Gas/Compressed Natural Gas (LNG/CNG) station, which offers energy cost-reduction LNG and CNG fueling options to the public in Lafia, the state capital. The governor, who conducted…
31 Jul
Stakeholders are worried over the low rate of investment in gas development as well as the declining level of production.
11 Jun 2024
The Federal Government has rolled out plans to test-run trains that will operate on Liquefied Natural Gas (LNG) and diesel. This was disclosed on Tuesday in a statement by the Minister of Transportation, Senator Saidu Ahmed Alkali. "Yesterday (Monday), I conducted an inspection of the Nigeria Railway Corporation Locomotives at the Idu Workshop in the…
24 Mar 2024
Investors moving to take advantage of energy transition and Nigeria’s road show for a decade of gas are facing challenges over gas feedstocks despite the claim that the country has over 219 trillion standard cubic feet of gas reserves.
14 Mar 2024
While reaffirming commitment to bolster the nation’s gas supply, the Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has reassured a sustained increase in gas production and distribution.