…Says only two trains operational despite six available …Urges Government to prioritise security of gas assets Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, has decried losses suffered by the company to insecurity on…
By NJ Ayuk, Executive Chairman, African Energy Chamber The global energy marketplace is shifting toward the acceptance of natural gas as a pivotal component in the transition to cleaner energy solutions, and rightly so. Africa, with its vast untapped…
In a bid to boost gas supply, the Federal government through Nigerian National Petroleum Company Ltd has announced plans to establish 12 Compressed Natural Gas (CNG) mother stations and mini–Liquefied Natural Gas (LNG) plants across the country. This announcement was…
The Federal Government on Thursday, took delivery of Liquefied Natural Gas (LNG) retrofitted Nigeria Railway Corporation’s (NRC) locomotive as a result of Public-Private Partnership with De-Sadel Consortium. The Minister of Transportation, Sen. Saidu Alkali made this known during the final…
Saudi Arabia’s new natural gas discoveries are no threat to Nigeria’s LNG business. This is according to the Regional Energy Partner at Energy Compact, Kayode Oluwadare. He told journalists on Monday, that the new natural gas discoveries in Saudi Arabia…
The retail price of Liquefied Petroleum Gas (Cooking gas) in Nigeria is set to increase significantly as Liquified Natural Gas (LNG) vessels become scarce; leading to charter rate hikes, ahead of the 2023 winter when demand for the heating fuel…
Gov Abdullahi Sule of Nasarawa State on Wednesday inaugurated the construction of 23 metric tonnes Liquefied Natural Gas (LNG) and 1,500 standard cubic metres Liquefied Compressed Natural Gas (LCNG) project in Lafia. The project in collaboration with Greenville LNG was…
The Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), has thrown its weight behind Nigeria’s first automated global-level natural gas commodities exchange platform, launched by the Natural Gas Commodity Exchange (NGCX) to stimulate the Liquified Natural Gas trade, and develop an…
The Independent Commodity Intelligence Services has revealed that Nigeria is aiming to export 16.2 million tonnes of Liquefied Natural Gas in 2023. According to ICIS, Nigeria’s LNG exports depreciated in 2022, falling 15 per cent compared with 2021. “We forecast…
Royal Dutch Shell (Shell) dominated the global long-term LNG import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tonnes per annum (mtpa), according to GlobalData, a leading data and analytics company. “Long-Term…
