NNPC: Gas Reserves Now 202trn Cubic Feet   Nigeria’s current proven gas reserve has gone up to 202 trillion cubic feet (tcf) from the initial figure of 199tcf, the Nigerian National Petroleum Corporation (NNPC) has disclosed. The corporation also stated that the country’s unproven gas reserves is...

Nigeria Losing 500mmscf Of Gas Daily   The Nigerian National Petroleum Corporation stated on Monday that on a daily basis, over 500 million standard cubic feet of gas were being shut in by producers as a result of the problems in the power sector. According to the...

Nigeria’s Gas, Oil Export Sale Increases By 36%   The Nigerian National Petroleum Corporation on Thursday announced total crude oil and gas export sale of $416.07m for June 2018, which was 35.78 per cent higher than what was recorded in the previous month. Details of the figures...

Supply Troubles Hit Nigeria’s LPG Industry, Despite Huge Gas Reserves For the second quarter of 2018 alone, 165.71 million litres of Liquefied Petroleum Gas (LPG) were imported into the country, according to the National Bureau of Statistics (NBS). April recorded the highest volumes of LPG (otherwise...

‘Nigeria Lost $1.150bn Of Potential Gas Income To Flaring In 2016’ In 2016 alone, Nigeria could not earn about $1.150 billion potential gas revenue because as much as 275 billion cubic feet (BCF) of natural gas were flared from oil fields in the Niger Delta,...

Gas Delivery: NNPC, Seplat Sign Agreements The Nigerian National Petroleum Corporation and Seplat Petroleum Development Company have signed five agreements to expedite the development of a project aimed at delivering about 3.4 billion standard cubic feet of gas per day by 2020. The NNPC said the...