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We Have Paid FG $13bn For Gas Purchase, Says NLNG

We Have Paid FG $13bn For Gas Purchase, Says NLNG     The Nigeria LNG Limited says it has paid over $13bn to the Federal Government for feed-gas purchase since the inception of its operations. The NLNG disclosed this on Twitter on Sunday while marking the 31st anniversary...

In Thirty Days, Power Sector Loses N57bn To Gas, Grid Constraints

In Thirty Days, Power Sector Loses N57bn To Gas, Grid Constraints   Nigeria’s power sector further suffered a major setback in the last one month with the loss of about N57 billion due to problems associated with gas supply and grid infrastructure challenges. The 30-day trend analysis...

NNPC Earns $5.18bn from Oil, Gas Export

NNPC Earns $5.18bn from Oil, Gas Export   The Nigerian National Petroleum Corporation (NNPC) said Wednesday that the country exported oil and gas worth about $5.18 billion from January 2019 to January 2020. Nigeria also recorded crude oil and gas export sales revenue of $434.85 million in...

Power Supply Rises As Plants Receive Gas

Power Supply Rises As Plants Receive Gas   The Transmission Company of Nigeria has announced an improvement in power generation following the supply of gas to thermal power plants. Latest industry report from the Office of the Vice President showed the improvement in gas supply, as the...

Gas Unavailability Hinders 4,024.5MW As TCN Repairs Transformers

Gas Unavailability Hinders 4,024.5MW As TCN Repairs Transformers   The Transmission Company of Nigeria on Tuesday announced that it had repaired one of its 60MVA 132/33kV power transformers in its Sokoto Transmission Substation, as latest industry figures showed that unavailability of gas stalled the generation of...

Nigeria Rich In Gas, Lowest In Usage – Fed Govt

Nigeria Rich In Gas, Lowest In Usage – Fed Govt   Nigeria has the lowest penetration of liquefied petroleum gas, popularly called cooking gas, despite being rich in gas resources, the Federal Government has said. The Minister of State for Petroleum Resources, Timipre Sylva, who said this...