Nigeria’s Gas Exports Recover, Surpass Pre-COVID-19 Level
The nation’s gas exports have rebounded from the COVID-19 pandemic, rising for the fourth straight month in July to 115.71 billion cubic feet, the highest level in more than a year.
Nigeria, which has the largest gas reserves in...
‘FG Aggressively Developing Gas-to-power Infrastructure, Exploration’
The Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Mele Kyari, has said the Federal Government is aggressively pursuing other gas development initiatives to improve Nigeria’s current utilization of alternative fuels as well as stimulating gas demand and power...
In 3 Years, NNPC Paid Itself N1.53trn As Subsidy On Petrol
The Nigerian National Petroleum Corporation, NNPC, paid itself N1.53 trillion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in three years and six months, from January 2017 to June 2020, according...
NNPC Seeks Capacity Upgrade For Indigenous Operators
The Nigerian National Petroleum Corporation has said indigenous companies operating in the nation’s oil and gas sector must upscale their capacity for global competitiveness.
The NNPC said this would help to achieve the target of reducing the cost of...
Foreign Investors Losing Confidence In Nigeria’s Oil Industry — Kyari
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s...
NNPC: More Gas Flared Than Supplied To Industries In One Year
The Nigerian National Petroleum Corporation (NNPC) has disclosed that between July 2019 and July 2020, Nigeria flared more gas than it supplied to its domestic industries, averaging about 600.38 million standard feet per day...
