CBN To Fund CNG Infrastructure With N250bn         The Central Bank of Nigeria (CBN) will make N250 billion available for infrastructure funding in a bid to expand gas use and cut reliance on imported fuel as government looks forward to offering free conversion to enable some...

LPG: DPR Sets New Guideline For Operators, Investors, Others         The Department of Petroleum Resources, DPR, said it has introduced new guidelines to accommodate more Liquefied Petroleum Gas, LPG, investors and operators across the country. The move according the agency is geared towards enhancing the availability of...

Nigeria’s LPG Storage Capacity Now 69,698MT - Sylva         The Minister of State for Petroleum Resources, Chief Timipre Sylva, said on Wednesday that the Liquefied Petroleum Gas storage capacity in the country has risen to 69,698 metric tonnes following the construction of a new terminal by...

DPR Shut 85 Illegal Gas Plants In Lagos         The Department of Petroleum Resources, Lagos Zonal Office, said on Wednesday that it had shut down 85 illegal gas plants in the state this year. The Zonal Operations Controller, Lagos, DPR, Mr Ayorinde Cardoso, disclosed this during a...

NLNG Targets 450,000MT LPG Supply To Nigerian Market 2021       The Nigeria Liquefied Natural Gas (NLNG) Limited says it will increase its allocation of Liquefied Petroleum Gas (LPG) to the domestic market from 350, 000MT to 450, 000MT by 2021. The NLNG said the move was aimed...

LUPAN Petitions FG Over PPPRA’s Imposition Of N1.23K Administrative Charge On Base Oil         The Lubricants Producers Association of Nigeria, LUPAN, has petitioned the Federal Government over the imposition of N1.23 kobo administrative charge on base oil by the Petroleum Products Pricing Regulatory Agency (PPPRA). In its...