…“I said the Federal Government has withheld almost ₦250bn due to each state from Nigeria LNG dividend payments. Rather than come out and tell us what has been happening to dividends paid by Nigeria LNG, they said, ‘No, Governor Makinde, you be careful. You should not say things that are not true.’ “I stand by what I ha…
…opportunities for industrial growth. Proposed developments associated with the OgunLNG project and oil-related prospects in the region could, subject to commercial viability and successful implementation, support energy-intensive industries, attract investment and contribute to Nigeria’s broader energy economy. For Ogu…
…winners of the inaugural Nigeria Prize for Creative Arts. The winners were announced at NLNG’s Grand Award Night in Lagos State on Friday, in a statement signed by the General Manager, External Relations and Sustainable Development, Sophia Horsfall on Saturday. “Ifowodo’s winning collection emerged from 223 entries, wh…
…deliveries of 2.030 billion cubic feet daily and average feedgas supply to Nigeria LNG of 2.933 billion cubic feet daily. The figures mean that NLNG feedgas accounted for approximately 59.1 per cent of the reported combined gas flow, while domestic deliveries accounted for about 40.9 per cent. Total gas flow peaked at…
…Forum agreed to partner with Green Ville Energy to build and provide more CNG and LNG stations within the region. “Forum equally acknowledges and appreciates the support of the Federal Government through the NEDC in providing 10,000 Electric Tricycles, 10 Electric Buses and 300 Electric Taxes with a view to lessening t…
…into an energy, maritime and industrial hub. The talks on the development of the OGLNG project in Ogun Waterside come barely a week after the state government signed Memoranda of Understanding with global ports and logistics operator DP World for the development of the Gateway Deep Sea Port and the 10,000-hectare Ogun…
…LPG supplies to meet domestic standards.Nigeria's LPG supply gap remains wide, with NLNG's 500,000 tonnes of annual domestic production covering only about 40% of national demand.PAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere h…
…plans span a broad range of sectors, including port infrastructure, gas infrastructure, LNG, upstream oil and gas, power generation, mining and other strategic industrial investments across Africa. As part of preparations for the project, Dangote Group has signed a contract worth more than $450 million with Engineers I…
…taking place in Bangkok, Thailand. Ogunleye, who spoke on a panel themed: “The New LNG Order: Leadership Strategies for Energy Security and Growth,” said that as geopolitics, conflict and other factors continue to affect global energy supply and demand, Nigeria is leveraging its over 215 trillion cubic feet (tcf) of pr…
…said the crash, which involved a trailer, commercial bus and a car, happened near the LNG plant in Ugwu-Onyeama. He said the accident, which occurred at about 3:18 p.m., involved 25 persons, comprising 13 males and 12 females. According to him, 18 persons, comprising seven males and 11 females, were injured. He said fo…
…these lower levels will require sustained investment and coordinated government action.NLNG seeks more support for LPG sectorAdeleye Falade, Managing Director of Nigeria LNG Limited (NLNG), said maintaining the price reduction would depend on collaboration between the Federal Government, regulators and industry operato…
…capital would be concentrated in offshore oil development, while some would go into new LNG liquefaction capacity. Gorrie further said the renewed interest in African energy projects was partly linked to developments in international energy markets. “The current global risk crisis has pushed international buyer interes…
President Tinubu has urged NLNG to increase domestic gas utilisation, end gas flaring and make Nigeria’s abundant gas resources more affordableHe said gas flaring should be converted from an environmental liability into an economic resource while assuring NLNG of government supportNLNG MD said the company sends 100% of…
…upstream gas supply, processing facilities, pipelines, storage and infrastructure for LNG, LPG and CNG. The union also pushed for accelerated gas utilisation in power generation, manufacturing, transportation, fertiliser production, petrochemicals and domestic cooking, while reducing gas flaring and methane emissions.…
…on Instagram!The agreements cover 1.29 billion standard cubic feet per day of long-term LNG feed gas and 750 million standard cubic feet per day of domestic industrial gas supply to DFL FZE and Dangote Refinery. Seven additional commercial transactions are also reportedly in the pipeline.Oil production hits five-year h…
…Nigeria’s indigenous research and technological capacity have received a major boost as NLNG and the Nigerian Content Development and Monitoring Board (NCDMB) broke ground for the NLNG Research and Innovation Centre for Computer and Electrical Engineering (RICCEE) at the Rivers State University. The post NLNG, NCDMB ex…
…Look, one project that has not been destroyed by the government in Nigeria is the NLNG, where the private sector has 51 per cent, and the Nigerian government has 49 per cent. See what we did with Nigerian railways. “See what we did with the national shipping company. See what we are doing now even with the NNPC. The NN…
Dangote Refinery reduces LPG price to ₦950/kg, offering relief for households and businesses11 Plc follows suit, cutting LPG rate to ₦980/kg, highlighting price competition among suppliersRainoil and PPMC maintain prices, indicating mixed movements in the LPG market despite recent reductionsPAY ATTENTION: Find it f…
…the Strait of Hormuz. Around 20% of the world’s crude oil and liquefied natural gas (LNG) usually flows through the strait. Iran’s semi-official Mehr news agency denied that Tehran had asked the US to hold off on further military action, saying Trump’s claims were nothing but a new lie. On Sunday, Iranian media reporte…
…feedstock for fertilizer and petrochemical industries, generate export earnings through LNG, increase government tax and royalty collections, and earn carbon credits under international markets. “As a conservative estimate, Nigeria is likely foregoing between $18 million and $28 million every day. “When carbon markets…
…by Petroleumprice.ng, several major downstream operators, including Nipco, Ardova, NLNG, PPMC, AYM Shafa, Matrix Energy, Prudent Energy and Pivot Energy, are receiving fresh cargoes to sustain supply across the country.Rising freight costs increase pressure on importersThe scheduled deliveries come as importers grapple…
…authority said its domestic gas supply figure includes volumes supplied to the Nigeria LNG Limited. The modest improvement came as the Federal Government and industry stakeholders continued to focus on increasing gas availability for power generation, industrial production and other domestic uses. The January-to-June 2…
…without sacrificing energy security, global demand for Liquefied Natural Gas (LNG) had been projected to grow across Europe and Asia. The minister said that the country did not intend to merely participate in the market but to lead it. "The expansion of Nigeria LNG remains central to this vision. "Building upon our cur…
…market. He said, "We have completed Proof of Concept converting our diesel engines to LNG. We ran it for one month; it worked perfectly. Our operating cost was reduced by 70%. With investments in gas, the plan is to have a gas plant around Lagos-Ogun line and another by Warri-Itakpe line where we have a gas pipeline."…
…Ekpo therefore charged the NMDPRA to work with Nigeria Liquefied Natural Gas Ltd. (NLNG), local LPG plants and major producers to increase domestic availability. He urged them to improve market coordination and eliminate distribution bottlenecks to check rising cooking gas price. "NMDPRA and other regulators should int…