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FG Commences Enforcement of Oil Measurement Law

FG Commences Enforcement of Oil Measurement Law The Federal Government says it has commenced the enforcement of the Petroleum Measurement Regulations, as well as five other laws in the midstream and downstream oil sectors. Disclosing this on Wednesday through the Nigerian Midstream and Downstream Petroleum Regulatory...

Fuel Scarcity: Fed Govt To Inspect Stations’ Tanks

Fuel Scarcity: Fed Govt To Inspect Stations’ Tanks   Oil marketers on Sunday said the Federal Government should evacuate and dispense the products currently trapped in the depots which were shut down recently by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Marketers said the products...

Domestic Gas Supply Rises by 14%, Says FG

Domestic Gas Supply Rises by 14%, Says FG The Federal Government has revealed that the estimated performance of Nigeria’s domestic gas supply obligation increased by 14.14 per cent to 64.8 per cent in 2021. It pointed out that the country's gas supply volumes are set to...

We’ve Lost Our Most-valued Crude Oil Customers – FG

We’ve Lost Our Most-valued Crude Oil Customers – FG Nigeria has lost its most valued crude oil customers, while some of its gas buyers now compete with the country in the same market, the Federal Government declared on Thursday. It also stated that international oil companies...

IPMAN Commences Strike In Abuja, Suleja Over N50bn Claims

IPMAN Commences Strike In Abuja, Suleja Over N50bn Claims The Independent Petroleum Marketers Association of Nigeria (IPMAN), Abuja and Suleja Depot Unit, announced a halt in supply due to a N50 billion unpaid bridging claim by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). But...

FG Stakes N52.7bn To Clear Petrol Bridging Debt

FG Stakes N52.7bn To Clear Petrol Bridging Debt   To sustain the supply of premium motor spirit (PMS) in the country, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that it has paid over N22 billion as part of the backlog owed to...