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FG Okays N185bn Payment to Gas Producers

FG Okays N185bn Payment to Gas Producers   The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, announced on Thursday that the Federal Government has taken a decisive step to revitalise the gas industry and stabilise power generation as President Bola Tinubu authorised the settlement...

Gas Producers Seek Full Payment From Power Sector

Gas Producers Seek Full Payment From Power Sector         The Nigerian Gas Association and other stakeholders have said the liquidity issues that hamper returns from the power sector should be speedily resolved to address legacy debts and facilitate full recovery of gas revenues from the Nigerian...

Gas Producers Lament Power Firms’ N1.3trn Debt

Gas Producers Lament Power Firms' N1.3trn Debt   Gas producers in the country have said power generation companies owe them a total of N1.3tn for the supply of the fuel to power stations. The nation generates most of its electricity from gas-fired power plants, while output from...

Gas Producers Bemoan Power Sector Debt, Low Price

Gas Producers Bemoan Power Sector Debt, Low Price Gas producers in the country have said the debt owed by the power sector and the regulated low prices of the commodity constitute a drag on gas development. Operators and other stakeholders, including the Oil Producers Trade Section...