The shipping industry is set to commission more ships partly powered by liquefied natural gas (LNG) and methanol by 2023 while ramping up trials for biofuel bunkering as they move to meet the carbon emissions target from ship operations.
As global demand for Liquefied Natural Gas (LNG) rises, operators and stakeholders have advocated the need to explore innovative solutions, especially as producers experience new long-term contracts.
30 May 2022
Investment, infrastructure challenges as well as historic government-induced bottlenecks may continue to make Nigeria miss out as demand for long-term LNG contracts continue to soar.
3 Mar 2022
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has released a new Domestic Gas Demand Requirement (DGDR) guideline for Liquefied Natural Gas (LNG).
25 Jan 2022
There are indications that about 79 million tonnes per annum (MMTPA) of additional Liquefied Natural Gas will see the final investment decision (FID) this year.
5 Sep 2021
Amidst reports that domestic gas prices in the country are skyrocketing, it is an understatement, and a big shame to say that Nigeria’s huge gas resources are grossly under-utilised, notwithstanding that the country is potentially...
1 Sep 2021
The Nigeria LNG Limited has said it does not contribute to the supply shortfall of Liquefied Petroleum Gas, also known as cooking gas, and the hike in the price of the commodity in the country.
12 May 2021
The Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence the development of 176 million cubic....
10 Feb 2021
Few years after the Floating Liquefied Natural Gas (FLNG) technology became feasible; the Department of Petroleum Resources (DPR), Monday, granted Nigeria’s first licence for the production
20 Jan 2021
Amid sharp decline in LNG utilisation rates in many parts of the world last year, gas exports from West African producers, especially Nigeria, showed some resilience in 2020, trading 27.6 billion cubic feet (bcm) of gas equivalent to the total 39 bcm traded by the region.
16 Dec 2020
Minister of State for Petroleum Resources, Chief Timipre Marlin Sylva, has said that two new liquefied natural gas (LNG) facilities would generate 10,000 job opportunities in Kano. Sylva disclosed this while unveiling two major liquefied natural gas plants, in Kano. The minister declared that the establishment of LNG plants in northern part of country, was…
12 Aug 2020
The world’s consumption of natural gas is set to decline by four percent this year, but global demand will return to growth after the pandemic...