Tag Archives: NNPC


Nigeria: Gov’t Directs NNPC to Consider Renewable Energy

Nigeria: Gov’t Directs NNPC to Consider Renewable Energy

The Nigerian federal government has directed the management of Nigerian National Petroleum Corporation (NNPC), to explore alternative energy sources. The gas-dependent country has experienced intermittent power supply due to attacks on oil installations, leading to the bursting of gas pipelines, reports Vanguard. In an exclusive interview with the paper, Dr Rabiu Suleiman, the group general

gas flaring

FG to Hike Gas Flare Penalties, End Flaring by 2020

THE Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, yesterday, disclosed that the federal government will increase the penalty for gas flaring, while it intends to end the practice by 2020. Speaking during the 10th International Conference and Exhibition of the Nigerian Gas Association, NGA, in Abuja, Kachikwu stated that the hike in penalty


NNPC Targets Gas in 126 Northern Basins, Others

The Nigerian National Petroleum Corporation on Monday said that there was a need to expand the country’s gas exploration efforts in its sedimentary oil and gas basins in order to increase the product’s reserve. According to the corporation, out of a total of 209 oil and gas open acreages for allocation across different terrains in


Electricity Subsidy For Rural Consumers Uncertain – FG

The Minister of Power, Works and Housing, Mr. Babatunde Fashola has said that the possibility of providing some level of financial subsidy for electricity consumers in Nigeria’s rural communities remains uncertain due to limited finances. Fashola however, added that the government was already considering recommendations on what would work for it going forward in this


NERC Urges FG to Review Gas Deals

The Nigerian Electricity Regulatory Commission NERC has charged the in-coming Government of General Muhammad Buhari (rtd) to review and separate the supply of gas to power generation plants from the Nigerian National Petroleum Corporation, NNPC. It insisted that for electricity supply to stabilised and distributed judiciously across the country, the incoming Government needs to do


Nigeria Targets 500mcf Gas Expansion for Power

 One of Nigeria’s oil and gas industry strategic focus is to consolidate on the gas supply expansion with an additional 500 million cubic feet per day, SweetcrudeReports has learnt. The additional 500 million cubic feet gas expansion is expected to support about 2,000 ‎megawatt of power generation. SweetcrudeReports also gathered that Nigeria’s gas production at


Power Sector Gets 70% of Domestic Gas Supply

TO improve electricity supply in the country, 70 per cent of total domestic gas supply put at 1.5 billion standard cubic feet per day (scf/d) is dedicated to the power sector, it was learnt. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, who made this known, told The Nation that

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