Tag
NATURAL GAS
Crude oil generated about 74% of the Nigerian National Petroleum Company Limited’s (NNPC Ltd.) N34.52 trillion revenue in 2025, reinforcing its position as the state-owned energy company’s largest source of operating revenue despite a decline in crude sales during the year.
TotalEnergies (40%, operator), together with its partner AMNI (60%), have taken the Final Investment Decision (FID) for the...
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) says it has leveraged N671 billion in public funds to attract N1.6 trillion in private investment into gas infrastructure projects across Nigeria.
NIPCO Group plans to develop a Floating Liquefied Natural Gas (FLNG) project estimated at more than $3 billion to boost gas monetisation and supply in Nigeria.
Nigeria, often called the "Giant of Africa," possesses one of the world's largest reserves of natural gas, with over 208.83 trillion cubic feet (Tcf) of proven reserves – Nigeria: proved natural gas reserves 2023 | Statista.
In Nigeria's industrial sector, the persistent challenge of energy reliability and soaring energy costs have remained the big elephant in the room, severely impacting production efficiency and profitability.
Ekperikpe Ekpo, the Minister of State for Gas, has said that the Federal government secured an agreement with Shell (SHEL.L) to supply gas to its planned $3.8 billion methanol plant in Brass, Bayelsa State, clearing a significant obstacle for the final investment decision on the project.
The Federal Government has announced plans to establish a Compressed Natural Gas (CNG) park at Ajaokuta Steel Company in Kogi.
IPMAN urged the Federal Government to adopt its infrastructure for effective and accelerated implementation of CNG project.
In response to its current energy shortage, China is actively seeking liquefied natural gas (LNG) in the market, as per Bloomberg reports.
In the past month, Nigerians have been actively exploring the possibility of converting their vehicles to operate on natural gas due to a significant increase in fuel prices.
According to him, natural gas is necessary to ensure that energy needs are adequately met