Diesel Nigeria: Automotive Gas Oil Supplier
…no more empty tanks
The Nigerian National Petroleum Corporation (NNPC) has said in its monthly report that the corporation imported a total of 10,773,726,472.84 litres of fuel (petrol and kerosene) into the country in 2016 using its crude for product swap programme. This is approximately eleven billion litres of fuel that could have been produced locally but for the … Read more
Nigeria is possibly a country where most natural resources are laying fallow or waste hence, the call by The Speaker of the House of Representatives, Yakubu Dogara for utilisation of the country’s 187 trillion cubic feet gas reserve for the betterment of the citizenry and economy, Guardian reports. The call was made at a public … Read more
It’s another good news for users of Liquefied Petroleum Gas in Nigeria as 13000 tonnes of cooking gas is due for discharge at Apapa terminal this Friday. This according to Nigerians The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), will sure lead to crash in price of cooking gas in the country. Earlier this … Read more
A cargo of Liquefied Natural Gas has left Nigeria’s Bonny Export Plant for REN’s Sines LNG import terminal on Portugal’s Atlantic coast. The Nigerian LNG cargo’s expected time of arrival at the port is next week, LNG World News reports. The cargo is being hauled by the 145,842-cbm LNG Oyo that loaded at Nigeria’s Bonny export … Read more
Attacks on Nigerian major oil facilities by the Niger Delta Avengers mid 2016 has come and gone but its effects might remain for some time. As a result of the attacks, Nigerian economy lost up to $100b in potential revenue according to Dr. Ibe Kachikwu, Nigeria’s Minister of State for Petroleum Resources. Crude oil production … Read more
Gas production in Nigeria seems to be on the increase thanks to reduction in vandalism that has plagued the oil facilities in the country for some time Punch reports. The steady growth in gas production was restored after the federal government began to engage the Niger Delta militants in dialogues after several hostilities Reports from … Read more
The organization of Petroleum Exporting countries (OPEC) has revealed that Angola toppled Nigeria as the continent’s leading crude oil producer despite the steady growth the country is enjoying in her crude oil production Leadership reports. According to Leadership, this is the third time Angola will be replacing Nigeria at the top position. The current slide … Read more
The turbulent Niger Delta region may soon begin to witness long lasting peace if the fruitful dialogue the Acting President, Prof Yemi Oshibajo is having with them is anything to go by. Reports have it that the federal government has secured a whooping sum of $1B from Shell Petroleum Development Company (SPDC) for the development … Read more
The Nigeria National Petroleum Corporation is doing everything within its power to ensure steady supply of crude oil to Kaduna Refining and Petrol Chemical Company (KRPC). This according to NNPC officials have necessitated the federal government joint venture agreement with Niger Republic to run pipeline that will facilitate crude oil supply to Kaduna refinery. It … Read more
Its no news that crude oil price has risen to $57 per barrel on the average in recent times so also is the fact that Nigeria is currently enjoying improved oil production thanks to her exclusion from OPEC production freeze. These could have in no doubt increased the country’s foreign reserves and invariably have good … Read more