NNPC Close to Wrapping Up Funding Arrangements on AKK Gas Project The Nigerian National Petroleum Corporation (NNPC) said it was close to wrapping up funding arrangements on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project. Group Managing Director of NNPC, Dr. Maikanti Baru, who disclosed this while speaking...

The global glut plaguing liquefied natural gas(LNG) markets may start to dwindle in five years, threatening to spur a deficit equivalent to twice the output of leading producer Qatar. The development may have spiral effect on Nigeria, according to analysts. New projects are needed to fill...

The Federal Government is looking at generating as much as $16.4bn (N5tn at N305 to the dollar) through asset sales in the next four years to reduce the burden on the public budget. The sales will help to tackle inefficiencies and stem “corruption in public...

The Nigerian National Petroleum Corporation (NNPC) has said that Nigeria’s proven gas reserves of 192 trillion cubic feet (TCF) can only sustain the country’s plan to generate 20,000 megawatts (MW) of power and provide gas to guarantee 64 -metric tonne per annum (MTPA) growth...

The Delta State  is said to be already yielding results through the creation of the enabling environment for investments to thrive. Clarifying further during a chat with newsmen, the Executive Assistant to the Delta State Governor on Investment, Mr Paul Nmah, said yesterday that the...

President Muhammadu Buhari has pledged that Nigeria would make the West African Gas Pipeline (WAGP) project more efficient to stabilise the energy sector across the sub-region. This, he said, would be done, using modern information Technology, (IT) equipment Speaking at a joint media briefing with...