Enter your keyword

Tags: gas flaring

FG To Save $1.5bn Annually On Nigerian Gas Project

FG To Save $1.5bn Annually On Nigerian Gas Project

The federal government would be saving about $1.5 billion annually if the Natural Gas Vehicles project, an initiative that was first introduced by Nigerian Gas Company, NGC, in 1989 is sustained The Project reportedly achieved a modest success with the only downside being the unavailability of Compressed Natural Gas (CNG) stations. It was learnt that… READ MORE

Nigeria lost N523 billion to gas-flaring in two years

Nigeria lost N523 billion to gas-flaring in two years

‘Local content policy attracts N1.8tr investment’ The Federal Government has lost N523 billion to gas-flaring between 2015 and 2016, data from the Department of Petroleum Resources (DPR) and Nigerian National Petroleum Corporation (NNPC) has shown. While DPR figures showed $850 million (N306 billion) loss to gas-flaring in 2015, NNPC latest report put losses to gas-flaring… READ MORE

NNPC to Collaborate With IOCs to Boost Oil Production

NNPC to Collaborate With IOCs to Boost Oil Production

The Nigerian National Petroleum Corporation (NNPC) has identified key areas of collaboration with the international oil companies (IOCs) in Nigeria to boost oil and gas production in the country. The corporation said in a presentation at the ‘Industry Leaders Panel’ session of the just concluded 2017 edition of the Nigeria Oil and Gas (NOG) conference… READ MORE