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USD 12 bln Trans-Saharan Gas Pipeline Project to miss deadline

USD 12 bln Trans-Saharan Gas Pipeline Project to miss deadline

All the companies that showed interest became pessimistic on security along the pipeline route and the increasing costs. In 2003, SONATRACH and NNPC signed an M.O.U. to carry out a feasibility study from Nigeria to Europe, passing through Niger and Algeria. The venture was registered under NEPAD program and called Trans-Saharan Gas Pipeline Project. It… READ MORE

Bill to encourage purchase of gas-powered vehicles scales second reading

Bill to encourage purchase of gas-powered vehicles scales second reading

A bill for an act to amend the National Automotive Council Act, 2004, on Thursday, scaled the second reading at the house of representatives. The bill seeks to introduce a new alternative vehicular transportation to utilise Nigerian gas. It also seeks to tap into the nation’s gas master plan which to end Nigeria’s “wasteful” gas… READ MORE