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NMDPRA
President Bola Tinubu approved the appointment of new executive directors as well as a governing council for the Midstream and Downstream Gas Infrastructure Fund on Friday.
Petrol truck cost has risen from N7 million in May to N25 million right now. This is according to Akin Akinrinade, the Chairman of the Independent Petroleum Marketers Association of Nigeria in the Satellite Depot branch.
The Federal Government has pledged 5 billion cubic feet of gas per day to domestic and export markets.
The Special Adviser to President Tinubu on Energy, Mrs. Olu Verheijen has said that Nigeria is deploying capital into midstream gas to close infrastructure gaps.
The Federal Government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted its first petroleum exploration license under the Petroleum Industry Act (PIA).
Nigeria’s Minister for Gas, Ekperikpe Ekpo on Thursday, October 12, urged the contractors working on the Ajaokuta-Kaduna-Kano (AKK) gas pipeline to ensure the asset is ready by July/August 2024.
Oil marketers have raised alarm over the lightness of Premium Motor Spirit (PMS) otherwise known as petrol in some filling stations, noting that the products are inferior to the quality the Nigerian Midstream and Upstream Regulatory Authority (NMDPRA) approved.
Last weekend, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) marked a significant milestone by granting its first wholesale gas supply license, authorizing Uhuru Trading Limited, a local firm, to supply 500 million standard cubic feet of gas per day.
Nigerian officials, including petroleum and gas ministers, NNPCL CEO, and NMDPRA Chief Executive, visited the OB3 gas pipeline project construction site.
Several months following the aviation fuel contamination incident involving Nigeria's domestic carrier, Max Air, the Nigeria Civil Aviation Authority (NCAA) has imposed suspensions on all unlicensed oil markets and those with expired licenses, preventing them from supplying and refuelling aircraft at any of the country's airports.
NMDPRA has declared that it will sanction fuel station operators that are caught dispensing fuel with adjusted petroleum pumps.
The Nigeria Civil Aviation Authority (NCAA) has said that the fear generated by the Max Air fuel contamination at the Yola Airport by the public was justifiable as it formed a committee to audit fuel activities.