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Tag: gas

  • Nigeria’s daily average gas production hits 7.59bscf

    Nigeria’s daily average gas production hits 7.59bscf

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria gas flaring has fallen to 7.16 per cent in July 2025, while daily gas production rose to 7.59 billion standard cubic feet per day (BSCFD).

    The NUPRC, in its Gas Production Status Report for July 2025, released on Saturday said this marked an 8.58 per cent increase compared to the 6.99 BSCFD recorded in the full year of 2024.

    According to the report, the simultaneous growth in output and decline in flaring underscores the Commission’s drive to boost production while advancing its 2030 zero-flare commitment.

    The report stated that Nigeria’s gas industry had sustained steady growth over the past three years, with daily average production hitting 7.59 BSCFD in July 2025.

    “The 7.59 BSCFD daily average also represents a 9.84 per cent increase from the 6.91 BSCFD posted in the full year of 2023, which shows a sustained rise in gas production,” it said.

    It said in spite of an increase in production, there was a continued reduction in gas flaring.

    This, it said fell to 7.16 per cent in July 2025, down from 7.55 per cent in 2024 and 7.38 per cent in the corresponding period of 2023.

    It sated that the reduction in gas flare was recorded in spite of the steady increase in gas production which reflected the Commission’s commitment to end routine gas flaring by 2030.

    “The Commission has embarked on gas reduction programmes like the Nigerian Gas Flare Commercialisation Programme (NGFCP).

    “Other initiatives include developing a Decarbonisation and Sustainability Blueprint, promoting Carbon Capture and Storage (CCS), and integrating sustainability into project planning through the Upstream Petroleum Decarbonisation Template (UPDT).

    “In terms of Domestic Gas Delivery Obligation (DGDO) performance, the sector delivered 72.5 per cent in July 2025, up from 71.8 per cent in June,” the report said.

    Data from the Commission further showed that DGDO performance stood at 72.2 per cent in January.

    It revealed that it rose to 73.5 per cent in February, dipped slightly to 70.8 per cent in March, before climbing again to 73.7 per cent and 73.0 per cent in April and May, respectively.

    On gas production by contract type, it said 63 per cent of output during the review period came from Marginal Sole Risk (formerly Marginal Fields), while Production Sharing Contracts (PSCs) accounted for 24 per cent.

    “Joint Venture (JV) contracts contributed 10 per cent, and Sole Risk (SR) operators delivered the remaining three per cent.

    “Gas utilisation data shows that, year-to-date as of July 2025, 35.88 per cent of production was channelled to export sales, 27.82 per cent was supplied to the domestic market, while 29.13 per cent was utilised for field and plant operations (own use).

    “Companies deployed gas mainly for in-house purposes such as fuel, gas lifting, and reinjection for pressure maintenance,” it stated.

    It further stated that Gas-to-Power supply hit its strongest level in three months, with average daily deliveries rising by 3.48 per cent month-on-month, from 833.86mmscf/d in June to 862.86mmscf/d in July 2025, the highest in three months.

    “Over the first seven months of the year, Gas-to-Power supply stood at 780.23mmscf/d in January, increased to 849.37mmscf/d in February, and rose further to 886.83mmscf/d and 886.7 in March and April, respectively.

    “The daily averages for May, June, and July were 837.64 MMSCF/D, 833.86 MMSCF/D, and 862.86 MMSCF/D, respectively,’ it said.

  • Nigeria’s Gas production hits daily average of 7.59bscf – NUPRC

    Nigeria’s Gas production hits daily average of 7.59bscf – NUPRC

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says Nigeria gas flaring has fallen to 7.16 per cent in July 2025, while daily gas production rose to 7.59 billion standard cubic feet per day (BSCFD).

    The NUPRC, in its Gas Production Status Report for July 2025, released on Saturday said this marked an 8.58 per cent increase compared to the 6.99 BSCFD recorded in the full year of 2024.

    According to the report, the simultaneous growth in output and decline in flaring underscores the Commission’s drive to boost production while advancing its 2030 zero-flare commitment.

    The report stated that Nigeria’s gas industry had sustained steady growth over the past three years, with daily average production hitting 7.59 BSCFD in July 2025.

    “The 7.59 BSCFD daily average also represents a 9.84 per cent increase from the 6.91 BSCFD posted in the full year of 2023, which shows a sustained rise in gas production,” it said.

    It said in spite of an increase in production, there was a continued reduction in gas flaring.

    This, it said fell to 7.16 per cent in July 2025, down from 7.55 per cent in 2024 and 7.38 per cent in the corresponding period of 2023.

    It sated that the reduction in gas flare was recorded in spite of the steady increase in gas production which reflected the Commission’s commitment to end routine gas flaring by 2030.

    “The Commission has embarked on gas reduction programmes like the Nigerian Gas Flare Commercialisation Programme (NGFCP).

    “Other initiatives include developing a Decarbonisation and Sustainability Blueprint, promoting Carbon Capture and Storage (CCS), and integrating sustainability into project planning through the Upstream Petroleum Decarbonisation Template (UPDT).

    “In terms of Domestic Gas Delivery Obligation (DGDO) performance, the sector delivered 72.5 per cent in July 2025, up from 71.8 per cent in June,” the report said.

    Data from the Commission further showed that DGDO performance stood at 72.2 per cent in January.

    It revealed that it rose to 73.5 per cent in February, dipped slightly to 70.8 per cent in March, before climbing again to 73.7 per cent and 73.0 per cent in April and May, respectively.

    On gas production by contract type, it said 63 per cent of output during the review period came from Marginal Sole Risk (formerly Marginal Fields), while Production Sharing Contracts (PSCs) accounted for 24 per cent.

    “Joint Venture (JV) contracts contributed 10 per cent, and Sole Risk (SR) operators delivered the remaining three per cent.

    “Gas utilisation data shows that, year-to-date as of July 2025, 35.88 per cent of production was channelled to export sales, 27.82 per cent was supplied to the domestic market, while 29.13 per cent was utilised for field and plant operations (own use).

    “Companies deployed gas mainly for in-house purposes such as fuel, gas lifting, and reinjection for pressure maintenance,” it stated.

    It further stated that Gas-to-Power supply hit its strongest level in three months, with average daily deliveries rising by 3.48 per cent month-on-month, from 833.86mmscf/d in June to 862.86mmscf/d in July 2025, the highest in three months.

    “Over the first seven months of the year, Gas-to-Power supply stood at 780.23mmscf/d in January, increased to 849.37mmscf/d in February, and rose further to 886.83mmscf/d and 886.7 in March and April, respectively.

    “The daily averages for May, June, and July were 837.64 MMSCF/D, 833.86 MMSCF/D, and 862.86 MMSCF/D, respectively,’ it said.

  • AKK gas pipeline project achieves major milestone

    AKK gas pipeline project achieves major milestone

    Oilserv Limited, the contractor handling the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project, has disclosed achieving a major milestone with the pipeline project.

    TheNewsGuru.com (TNG) reports Oilserv to have said the pipeline has successfully crossed the River Niger, using the Horizontal Directional Drilling special technique, minimising environmental impact.

    Dr Emeka Okwuosa, Group Chief Executive Officer, Oilserv Limited, disclosed this on Friday in Abuja during a chat with newsmen.

    While confirming the development, Okwuosa said that the company delivered the project with technical excellence in spite of the challenging terrain.

    The project, being executed by the Nigerian National Petroleum Company Limited (NNPC Ltd.) is a 614km natural gas pipeline project.

    It is designed to transport gas for power generation, industrialisation and residential use from Ajaokuta to Kano, passing through Kaduna and Abuja.

    Okwuosa said that crossing the River Niger, which was the major obstacle and challenge facing the project, was a major milestone achieved.

    He said that the plan and target of the project was to achieve its mechanical completion by the end of 2025.

    He described the Horizontal Directional Drilling method used as a special technology and technique which involved going through a consolidated formation to achieve the milestone.

    The technology is a trenchless method for installing underground utilities like pipes, conduits or cables.

    This is done by using a surface-launched drilling rig to create a curved, underground path, minimising surface disruption.

    “We have been working closely with the NNPC to overcome challenges. The crossing of River Niger, which is the major obstacle, is a major milestone. Without crossing the River Nigeria, you will not have a complete pipeline.” he said.

    He said that the AKK pipeline, which was a key part of Nigeria Gas Master plan. According to him, it transversed different terrains from thick jungle, and there were multiple river crossings carried out along the Right of Way and also heels and cliffs crossings.

    “We had to cross roads and dual carriageways. It may appear simple, but a lot of times you cross these without crossing the road. Physically you have to drill across.

    “But the significance of River Niger is that it is a huge river from one bank to the other. In this particular case, where we are is more than two kilometers. And we have to build this pipeline in a way that we respect the environment and avoid disturbing the water itself,” he said.

    Okwuosa described the crossing as being similar to the Channel Tunnel that was built from England to France in order to have train passage. He said that the Channel Tunnel was a larger diameter hole that enabled transport to go.

    According to him, out of the 614km pipeline, Oilserv is building 303Km, approximately half of that, starting from the Ajaokuta all the way to the border between Kaduna State and Niger State.

    He said that the project was a key part of Nigeria Gas Master Pla.

    “Part of it has already been built, namely – the Escravos Lagos pipeline which is in existence and OB3 pipeline which it completed its part four years ago.

    “In our own segment, we have to blast rocks to be able to lay the pipeline. Most of the areas around Kogi is all rock.

    “We are an indigenous company and the premier indigenous EPC pipeline company. There is no other company of the size and capacity of Oilserv to execute a project like this. It is a good testament,” he said.

    He listed challenges facing the project to include security, the terrain, flood and logistics involved in moving the large pipes from the port to the relevant location.

    He said that in funding the project, NNPC Ltd. had managed to overcome the challenges of financing.

    According to him, with the support from the Afreximbank, Oilserv raises the money, achieves the milestone, put its bill/invoice while the NNPC pays.

  • JUST IN: NNPC releases April report, announces N748bn PAT

    JUST IN: NNPC releases April report, announces N748bn PAT

    The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax of N748 billion for the month of April 2025.

    TheNewsGuru.com (TNG) reports this is contained in the NNPC Limited Monthly Report Summary for April 2025 released on Thursday.

    The report highlighted other key figures, including crude oil and condensate production, natural gas output, revenue and strategic initiatives during the period.

    In the report, NNPC declared a revenue of N5,891 billion for the month of April and that statutory payments of N4,225 billion were made from January to March.

    According to the report, the Obiafu-Obrikom-Oben Gas Pipeline project, also known as the East-West Pipeline, has reached 95% completion and the Ajaokuta–Kaduna–Kano Natural Gas Pipeline (AKKP) has reached 70% completion.

    On strategic efforts, NNPC disclosed in the report that it has made technical interventions on the AKK and OB3 to resolve challenges of River Niger crossings.

    On the status of the nation’s refineries, NNPC confirmed in the report that the  Port Harcourt Refinery, Warri Refinery and Kaduna Refinery are all currently under review.

    NNPC disclosed in the report that Nigeria’s crude oil and condensate production stands at 1.6 million bpd for the month of April and that natural gas production stands at 7,473 mmscf/d.

    In March, TNG reports NNPC recorded 1.56 million bpd crude oil and condensate production and 6928 mmscf/d natural gas production .

    According to the corporation, there is ongoing collaboration with venture partners to accelerate sustainable production enhancement and that implementation of relevant presidential directives and executive orders have been completed for upstream operations.

    NNPC listed upcoming final investment decisions (FIDs) in 2025 to include Ntokon Development (OML 102), Crude Oil Prod. Expansion Project (OML 29), Gas Development Projects (OML30, 42) and Brass Fertilizer (Financial Close).

    It noted that crude oil and gas figures are provisional and that they reflect only NNPC’s data, adding that it excludes volumes of independent operators reported by NUPRC.

    “All financial figures are provisional and unaudited. All operational and financial data are for April 2025 unless indicated otherwise,” the report noted.

  • Nigeria seeks $25bn gas pipeline investment

    Nigeria seeks $25bn gas pipeline investment

    Vice-President Kashim Shettima says Nigeria is pursuing a $25 billion undersea gas pipeline project aimed at supplying natural gas to Europe through the West African coastline.

    Shettima disclosed this on Monday during a meeting with Vitol Group, the world’s largest independent commodity trader, at the Presidential Villa in Abuja.

    The Nigeria-Morocco Gas Pipeline will deliver gas from Nigeria to Morocco, then onward to Europe.

    Shettima said President Bola Tinubu’s leadership marks a unique opportunity for international investors, especially with major reforms reshaping Nigeria’s economy.

    He noted Tinubu’s bold reforms have positioned Nigeria as an attractive destination for investment, particularly in the energy and infrastructure sectors.

    “Most importantly, it’s about leadership. President Tinubu understands both energy and finance, having emerged from that professional ecosystem.

    “For 25 years, no leader has made such bold decisions — removing fuel subsidy, unifying exchange rates, and implementing broad tax reforms,” Shettima stated.

    He called on investors to recognise the new economic direction under Tinubu. “This is where the action is. Invest in Nigeria,” he urged.

    Shettima described Nigeria’s gas sector as a stable and transparent space, well-positioned amid global energy uncertainty and shifting demand patterns.

    “I urge you to engage in our energy transition plans. Use your expertise in LNG and Associated Petroleum Gas.

    “The world is shifting. Nigeria is a gas economy, not an oil one. We have the world’s eighth-largest gas reserves,” he told Vitol executives.

    He said Nigeria wants to fully harness gas potential, thanks to the sector’s transparency and reduced government interference, particularly in NLNG operations.

    “What we earn from NLNG is steady and reliable. This is why we’re exploring gas exports to Europe,” he said.

    Shettima confirmed the undersea gas pipeline is an expensive project, estimated at $25 billion, and will require significant technical knowledge.

    “We need your expertise more than your money. Gas supply reliability is key, which is why the undersea option is on the table,” he explained.

    He appealed to Vitol to support Nigeria’s infrastructure ambitions, bringing its global network and technical skill into the project.

    “We urge you to use your global influence and resources. The project will be managed with full transparency. I sincerely invite you to join us in making this project a success,” Shettima said.

    Vitol Group’s Chief Financial Officer, Jeffrey Dellapina, reaffirmed the company’s long-standing commitment to Nigeria’s energy sector.

    “Nigeria has been a close and crucial partner for Vitol. We’ve contributed across downstream, finance, trading and government collaboration,” Dellapina said.

    He reiterated that Vitol is prepared to invest further. “We remain committed to this country and want to grow alongside it,” he said.

    Vitol’s Head of Public Affairs, Murtala Baloni, also acknowledged the company’s strong relationship with Nigerian partners and institutions.

    “We support government efforts where we can, including deploying capital where needed,” Baloni said.

    He disclosed Vitol’s role in Project Gazelle, where the company provided $300 million to NNPC Limited during the COVID-19 pandemic.

    Also present at the meeting was Thomas de Montulé, Vitol Group’s Nigeria Country Manager.

  • FG sets new target for oil, gas production

    FG sets new target for oil, gas production

    The Federal Government has said that it is targeting four million barrel per day (bpd) of oil production, and 10 billion cubic feet (bcf) of gas production by 2030.

    Mrs. Olu Verheijen, Special Adviser (SA) to the President on Energy, made this known in a statement made available to newsmen on Friday in Abuja.

    The statement was signed by Morenike Adewunmi, Stakeholder Manager in the Office of the Special Adviser.

    Verheijen said the feat would be achieved through commitment to reform agenda, unprecedented incentives for oil and gas production unveiled by the President Bola Tinubu’s administration.

    “Since President Tinubu assumed office in May 2023, the government has embarked on a series of new reforms to improve the competitiveness of its oil and gas industry.

    “The reforms also aimed at bringing down the costs and timeliness of doing business in a sector that continues to be the biggest earner of foreign exchange for the country.

    “These reforms, which include three presidential directives issued in February 2024, will create tens of thousands of new jobs, improve foreign exchange earnings, stimulate tax revenues and contribute to Nigeria’s macroeconomic stability,” she said

    Verheijen disclosed that the roll out of the reforms was being coordinated by her office,

    She said that in a major move to advance the ongoing structural reforms in the oil and gas industry, President Tinubu approved the issuance of two new sets of fiscal incentives.

    The incentives, according to her, included VAT waiver covering gas, diesel, electric vehicles and clean cooking equipment, and tax credits for new investments in the exploration and production of deep water oil and gas.

    She said the new fiscal incentives, expected to take effect immediately, are contained in the documents issued by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun:

    The documents, according to her, included; Value Added Tax (VAT) Modification Order 2024, Notice of Tax Incentives for Deep Offshore Oil & Gas Production in line with the Oil & Gas Companies (Tax Incentives, Exemption, Remission, etc.) Order 2024.

    The Presidential aide said the Notice of Tax Incentives was built on the directive, issued by thr President in February, which provided incentives for onshore oil and gas investments,

    “This is the first time that Nigeria is outlining a fiscal framework for deep water gas, since basin exploration commenced in 1991.

    “The incentives are in alignment with the Presidential Gas for Growth Initiative, which aims to fast-track the development of natural gas, displace fossil fuels in transport, promote affordability of gas, the incentives will equally bolster the country’s energy security,” she said

    Verheijen said the reforms agenda would, equally, help the country to unlock 10 billion dollar of new investments in deep water oil and gas projects in the near to medium term

    “Since Nigeria’s last deep water project – the Egina project – was approved in 2013, International Oil Companies operating in Nigeria have committed more than 82 billion dollar in deep water investments to other countries that they deem more competitive.

    “Over the next few years, they plan to spend another 90 billion dollar to develop deep water oil and gas projects.

    “This is the pool of funds that our reforms are targeting,” she said.

    Verheijen commended the President for the deliberate efforts and programmes bringing positive momentum in the oil and gas industry.

  • FG releases N122bn to transform midstream gas value chain

    FG releases N122bn to transform midstream gas value chain

    The Federal Government has released N122 billion to six gas infrastructure companies with the goal of transforming the midstream gas value chain across the country.

    The Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo, said this at the Midstream Downstream Gas Infrastructure Fund (MDGIF)/Promoters Agreement Signing Ceremony, in Abuja on Monday.

    The MDGIF entered into agreement with Gas Infrastructure Promoters, to improve Nigeria gas infrastructure.

    Ekpo said that the fund was committed to the investors to ensure that Nigeria was driven by gas.

    ”This is a historic day for the Nigerian gas industry as we announce and finalise a partnership between public and private sectors with the goal of transforming the midstream gas value chain.

    “This is a reflection of President Bola Tinubu’s efforts and enthusiasm to improve and foster business relationships between the public and private sectors.

    “Today is a significant milestone as we formally enter into agreements with six business entities that have been screened to obtain government equity participation under the MDGIF,” he said.

    Ekpo said the promoters were carefully chosen in compliance with the MDGIF Investment Policy Statement (MIPS) and the Petroleum Industry Act (PIA) 2021, deserve our congratulations.

    “They have demonstrated their ability and commitment in supporting us to provide gas to end users,” he said.

    The minister said that the MDGIF stood at the forefront of the strategy to modernise Nigeria’s gas infrastructure.

    According to him, it has been designed as a catalyst for investment, aiming at bridging gaps in the gas value chain by ensuring the financing and delivery of critical projects.

    “These initiatives will accelerate our journey towards energy security, industrial growth, and economic prosperity, in alignment with the goals of the decade of gas initiative.

    “By bringing together government’s efforts and private sector expertise, the MDGIF is positioned to fuel growth in gas processing, transportation, storage, and distribution infrastructure.

    “This collaboration is essential to achieving our target of transitioning from a crude oil-dependent economy to one driven by natural gas and its derivatives,” he said.

    Ekpo said the selection process was rigorous and each of the companies was chosen for their track record of excellence, technical expertise and unwavering commitment to supporting Nigeria’s gas revolution.

    “As we sign these agreements today, it is essential that we maintain a focus on delivering projects that are timely, transparent and transformational.

    “The government is fully committed to supporting your efforts through policy frameworks that enable smooth execution, while ensuring that every milestone reached contributes to the broader vision of a prosperous Nigeria fueled by gas.

    “I encourage each of you to continue working with the same dedication that brought you to this point.

    “Together, we will chart a path toward building sustainable energy infrastructure that benefits our economy and society for generations to come,” he said.

    Amb. Nicolas Ella, Permanent Secretary of the ministry, urged the investors to be diligent and committed in the execution of the project.

    Sen. Jaribe Jaribe, Senate Committee Chairman on Gas, said the senate would continue to provide support to ensure strong partnership in the implementation of the initiative.

    Mr Oluwole Adama, Executive Director, MDGIF, said the project was spread across 20 Federal Universities to alleviate the cost of transportation for Nigerian students, lecturers, and administrative staff.

    “It is hoped that more institutions will be included as soon as possible,” he said.

    Mr Fola Akinnola, Managing Director, FEMADEC Energy, one of the beneficiaries on the project execution, said that he would ensure that the project was execute and delivered effectively and on good time.

    The six companies include Asiko Energy Holdings Ltd. (AEHL), FEMADEC Energy Ltd., Ibile Oil and Gas Corporation (IOGC), Nsiko Oil and Gas Ltd., Rolling Energy Ltd and Topline Ltd.

  • Cooking Gas price drops – NBS

    Cooking Gas price drops – NBS

    In July 2024, the average retail price for refilling a 5kg cylinder of Liquefied Petroleum Gas (cooking gas) in Nigeria decreased by a margin of  14.23%, thus dropping from N6,966.03 in June to N5,974.55.

    However, Borno State in the  reported the highest price for refilling a 5kg cylinder at N7,088.59.

     

    This information is from the latest Liquefied Petroleum Gas (Cooking Gas) Price Watch report by the National Bureau of Statistics (NBS).

    The report also noted that Borno’s status as the most expensive state for refilling a 5kg cylinder is consistent with the North East zone, which had the highest average retail price in July.

  • Nigeria aims for economic growth with enhanced Gas -to – Power project – Minister

    Nigeria aims for economic growth with enhanced Gas -to – Power project – Minister

    Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, has highlighted the government’s renewed focus on enhancing the gas-to-power initiative to leverage Nigeria’s abundant natural gas reserves and boost electricity generation.

    This revitalization marks a strategic shift in the country’s approach to harnessing its substantial gas resources, aiming to enhance electricity generation, foster economic development, and improve Nigeria’s global competitiveness.

     

    With approximately 209 trillion cubic feet of proven gas reserves, the government aims to address chronic electricity shortages, stimulate industrial growth, and promote cleaner energy solutions by prioritizing domestic gas utilization and investing in critical infrastructure.

    This initiative also includes strengthening local content and capacity building, expanding liquefied natural gas (LNG) exports, and supporting compressed natural gas (CNG) projects for transportation.

     

    The focus on promoting domestic gas utilization is crucial for addressing Nigeria’s long-standing electricity generation challenges. By prioritizing gas-to-power projects, the government aims to ensure a reliable and sustainable electricity supply, which is vital for economic stability and growth.

    These projects offer an efficient way to convert Nigeria’s abundant natural gas reserves into electricity, potentially reducing power shortages and increasing access to energy across the country.

     

    Minister Ekpo emphasized the government’s commitment to developing critical gas infrastructure, including the transportation and distribution of natural gas nationwide. This infrastructure is essential for the seamless movement of gas from production sites to end-users, facilitating industrial growth and ensuring a consistent supply.

     

    Investing in infrastructure is crucial for Nigeria to effectively harness its natural gas resources for economic development. By capitalizing on these reserves,

    Nigeria can drive industrialization, reduce oil dependency, and enhance energy security. This focus aligns with global trends toward cleaner energy and positions Nigeria as a leader in transitioning to a low-carbon economy.

     

    The minister also underscored the importance of strengthening the Nigerian Content Development and Monitoring Board (NCDMB) to enhance local capacity and enforce local content policies.

    This strategy ensures that Nigerians benefit directly from the country’s natural resources through job creation, skill development, and the growth of local industries. The NCDMB’s significant investments in gas projects and infrastructure highlight its commitment to promoting local content.

     

    Expanding Nigeria’s LNG export capacity is vital to this initiative, positioning the country as a key player in the global gas market. This strategy promises to generate significant revenue, attract foreign investment, and boost Nigeria’s geopolitical influence.

     

    The emphasis on CNG projects highlights the government’s strategy to reduce transportation costs and lower the overall cost of living.

    CNG serves as a cleaner, more affordable alternative to traditional fuels, aligning with global efforts to cut carbon emissions and combat climate change. By investing in CNG infrastructure, Nigeria aims to make transportation more economical and environmentally friendly, significantly improving air quality across the country.

     

    The revitalized gas-to-power initiative represents a comprehensive strategy to utilize Nigeria’s vast gas resources for sustainable economic growth.

    By focusing on domestic utilization, infrastructure development, local content, and global market expansion, Nigeria aims to enhance electricity generation, reduce costs, and position itself as a leader in the global gas market.

    This initiative holds promise for transforming Nigeria’s energy landscape, improving living standards, and driving industrial development.

    The government’s strategic focus on gas resources is a forward-thinking approach that could yield significant long-term benefits for Nigeria and its people.

  • FG moves to bridge metering error gaps in oil, gas

    FG moves to bridge metering error gaps in oil, gas

    The Federal Government says it will purchase up-to-date equipment to bridge the gap between metering errors noticed in petroleum products and the required standard.

    The Permanent Secretary, Ministry of Industry, Trade and Investment, Amb. Nura Rimi, said this at a three-day workshop on the Administration of the International Organisation of Legal Metrology Certification System (OIML-CS) in Abuja on Tuesday.

    The workshop was organised for zonal coordinators of Weight and Measure Department of the ministry.

    Rimi, represented by Mr Dafung Sule, the Director, Federal Produce Inspectorate Services of the ministry, said the equipment would be purchased at the implementation of the 2024 budget.

    He said the workshop was part of efforts to curb the losses currently being lost which was caused by poor metering.

    ”What has brought us here is one of the things we have to do to ensure that we do not loose the billions that we are currently loosing that is to build our capacity and that is just one aspect of it.

    ”On the equipment, in the 2024 budget which has not kick started, there are a lot of equipment that are lined up for purchase by the weights and measures department.

    “This will bridge the gap between the errors being noticed in the metering and the required standard,” he said.

    On the payment of the OIML subscription which the country was owing, the permanent secretary said it would be paid by September.

    He said the payment would help to give the country the kind of outlook that the international has given us.

    OIML is an “international standard-setting body” in the sense of the World Trade Organisation’s Technical Barriers to Trade Agreement.

    On his part, Mr Bamidele Olajide, the Director, Weight and Measure Department of the ministry, said it was part of the preparation towards signing up to the OIML-CS.

    The implication of signing up to the System was that signatories would be obliged to accept pattern approval certificates and test results from other countries.

    ”The OIML-CS will promote fair and accurate trade transactions by ensuring that trade measuring instruments used in Nigeria are fit for purpose.

    ”The OIML-CS will also promote trade among countries by removing technical barriers to trade.

    ”This is achieved by removing the need to subject imported trade measuring instruments to another round of conformity assessment tests,” he said.

    Some of the zonal coordinators, who spoke at the workshop emphasised the need for the upgrade of their working equipment and tools.

    Mr Garba Mustapha, the South-South Zonal Coordinator of the Weight and Measure Department, FMITI, said the zone had the potential to generate revenue for the country.

    Mustapha said the potential were being drawn back by obsolete or poor equipment.

    Mrs Cordelia Nwachukwu, from the Lagos State Zonal Office, said that most people were unaware of the functions of the department.

    Nwachukwu, who said that legal metrology was dynamic, suggested the use of technology to meet with international trends.

    The department is saddled with the responsibility to ensure that all commercial transactions involving measurement are fair, accurate and legal with a view to protecting the consumers.

    NAN reports that the workshop attracted zonal coordinators of the department from the six geo-political zones.