Month: July 2020

More Than 600 Firms Bid for Nigeria’s 57 Marginal Oil Fields

More Than 600 Firms Bid for Nigeria’s 57 Marginal Oil Fields

The Department of Petroleum Resources, DPR, yesterday, disclosed that more than 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in the country. In a television programme, monitored by Vanguard, Mr. Auwalu Sarki, Director of DPR, said the exercise was important as Nigeria last conducted marginal field bid […]

AKK pipeline set to inject 2.2bn scf of gas daily

AKK pipeline set to inject 2.2bn scf of gas daily

The Nigerian National Petroleum Corporation (NNPC) has said that the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project would inject about 2.2 billion standard cubic feet (scf) per day of gas to the domestic market. Malam Mele Kyari, NNPC Group Managing Director disclosed this at the ground breaking ceremony of the project on Tuesday in Ajaokuta, Kogi State. […]

Nigeria Bucks LNG Export Trend

Nigeria Bucks LNG Export Trend

Nigeria plans to keep its liquefied natural gas supply at current levels despite prices near record lows, the opposite of what exporters from the U.S. to Australia are doing. State-owned Nigeria LNG Ltd. plans to continue utilization levels and may even boost exports in August and September depending on demand, according to a person with […]

NNPC records 2,873MW increase in gas for power

NNPC records 2,873MW increase in gas for power

The Nigerian National Petroleum Corporation (NNPC) Thursday in Abuja announced an increase of 19.14 per cent in the average daily natural gas supply to power plants which translates to 788millon standard cubic feet of gas per day (mmscfd), equivalent to power generation of 2,873MW. The NNPC, in a release by its Group General Manager, Group […]

NNPC raises gas supply to power sector by 19%

NNPC raises gas supply to power sector by 19%

The Nigerian National Petroleum Corporation (NNPC), Thursday, announced an increase of 19.14 per cent in the average daily natural gas supply to power plants in April 2020, which translated to 788 millon standard cubic feet of gas per day (mmscfd), an equivalent to power generation of 2,873 megwatts (MW). In a statement on its Monthly […]

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