Tag: gas
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How we ‘accidentally’ discovered 206trn cubic feet gas reserve – Timipre Sylva
Minister of State for Petroleum, Chief Timipre Sylva, has said that the country accidentally discovered 206 trillion cubic feet of gas reserves while in search of crude oil. Sylva, who disclosed this in Abuja at a News Agency of Nigeria forum, said that the country could discover an additional 600 trillion cubic feet reserve to…
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No immediate plan to ban cylinder imports – FG
The Federal Government says it had no immediate plan to ban the importation of gas cylinders as part of its LPG expansion and implementation plan. Mr Dayo Adesina, Senior Special Assistant on Domestic Gas in the office of the Vice-President, made the disclosure in an interview on Sunday in Abuja. He said that the government…
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UPDATED: Two die, three injured as gas explosion rocks Gbenga Daniel’s hotel in Ogun
A technician and a yet-to-be-identified person have been confirmed dead as gas explosion rocked Conference Hotel in Abeokuta on Tuesday. The hotel, owned by former Ogun State Governor, Gbenga Daniel is located at the Water Corporation headquarters junction, in Ogun capital, is owned by a former governor of the state, Gbenga Daniel. The News Agency…
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Cattle valuable than entire oil and gas reserve in Nigeria – Former Presidential Aspirant
Former Presidential Aspirant, Adamu Garba has said cattle have more economic value than the entire oil and gas reserve in Nigeria. Garba said this in reaction to the advice given by the Miyetti Allah Cattle Breeders’ Association of Nigeria, Bauchi State chapter, which required its members to vacate the 17 states in Southern Nigeria. MACBAN…
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TNGPIBConfab: Gas is the future of Nigeria – Uduaghan
Chairman ongoing #TNGPIBConfab Former Delta State Governor, Dr. Emmanuel Eweta Uduaghan on Wednesday urged the Nigerian government to take gas seriously, stressing that there is so much gas in the nation that can provoke an economic turnaround if well addressed in the in the Petroleum Industry Bill (PIB). However, Uduaghan admitted there are challenges and…
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Clear fiscal framework will enhance gas development – Kyari
The Nigerian National Petroleum Corporation (NNPC) has called for a legislative framework with clear fiscal terms in order to tap the full potential of the gas resources in the nation’s deepwater acreages. The Group Managing Director of NNPC, Mallam Mele Kyari, made the call at a one-day public hearing on “Inclusion of Gas Terms in…
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FG to reactivate moribund oil, gas support facilities
Mr Sarki Auwalu, Director, Department of Petroleum Resources (DPR), says the Federal Government is committed to reactivating all moribund oil and gas support facilities across the country. Auwalu said this was part of the government’s effort to increase domestic refining capacity and gas utilisation in order to curb unemployment and poverty in Nigeria. Auwalu spoke…
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NNPC posts N28 billion trading surplus
The Nigerian National Petroleum Corporation (NNPC) has announced a total export receipt for crude oil and gas valued at $120.49 million for the month of September 2020, posting a trading surplus of ₦28.38 billion. This is contained in a statement signed and released on Sunday by Dr. Kennie Obateru, Group General Manager, Group Public Affairs…
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DPR prohibits cylinder to cylinder gas refilling – Official
The Department of Petroleum Resources (DPR) has warned Liquefied Petroleum Gas (LPG) retail outlets against cylinder to cylinder gas refilling and decanting because of the associated risks. Mr Sadeq Ibrahim, Operations Controller, Yola DPR Office, gave the warning at a one-day sensitisation meeting with gas retailers in the state held on Monday in Yola. Ibrahim…
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Isoko group queries Zamfara gold deal with CBN
A flagship socio-political organization of the Isoko nation known as the Isoko Advancement Network (IAN) has warned that the inequalities in the handling of the exploitation of natural resources in Nigeria can trigger youth restiveness in the Niger Delta. The group expressed disappointment with the leadership of the National Assembly for blowing a muted trumpet…