The Nigerian National Petroleum Corporation (NNPC) has disclosed that between July 2019 and July 2020, Nigeria flared more gas than it supplied to its domestic industries, averaging about 600.38 million standard feet per day (mmscf/d). In its July 2020 report on its operations, the NNPC explained that 490.21mmscf/d of gas was sent to industries on […]Read More
DESPITE its 202 trillion standard cubic feet, scf, gas reserves, Nigeria has not been able to harness enough of its gas for power generation, as a result of many challenges, including low investment, inadequate funding of projects and huge indebtedness to gas suppliers. A compilation of industry figures obtained by Vanguard from the office of […]Read More
Domestic gas consumption in Nigeria has witnessed a recent increase from 390,000 to 490,000 metric tons with a potential of hitting 500,000 milestone in the near future. This was disclosed by Dr Folashade Yemi-Esan, the Permanent Secretary, Ministry of Petroleum Resources in Calabar on Tuesday while delivering a speech at the Technical Meeting of Officers […]Read More
Turkish President Recep Tayyip Erdogan and Russian counterpart Vladimir Putin on Monday marked the completion of the offshore phase of a gas pipeline underneath the Black Sea, the latest sign of burgeoning cooperation between Ankara and Moscow. Erdogan hailed the TurkStream pipeline, which aims to pump some 31.1 billion cubic metres of gas from Russia […]Read More
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