Nigeria | Egypt Oil & Gas - Part 10

SN to Fund Solar Energy Companies in Nigeria

Solar Nigeria Program (SN) will provide additional $16.17m to reputable solar energy companies in Nigeria to assist their ongoing projects. The grant would help strong companies to accelerate their expansion to provi ...

Nigeria: NNPC to Invest in Power Generation

Nigeria's state oil company announced its plan to head towards power generation and transmission this week, in line with its strategy to resolve Nigeria’s long-standing power problems.

Nigeria’s Central Bank Releases Fuel Forex

The Nigerian National Petroleum Corporation (NNPC) announced late March the release of foreign exchange (Forex) by the Central Bank of Nigeria (CBN) to marketers to import diesel and aviation fuel.

West Africa Loading Program Emerge

Angola’s May program emerged with 54 cargoes, or 1.67mb/d, versus 53 cargoes in April. Less than 10 cargoes remain available from Angola's April program, while around 20 cargoes from Nigeria's April program were stil ...

Nigeria’s Dangote Oil Refinery to Operate by 2019

Nigeria’s $12b Dangote Oil Refinery, which will be the largest in the world slated for Lagos, will be in full operation by 2019 and is expected to produce 650,000b/d of oil.

Nigeria Boosts Power Generation Capacity

Nigeria's Transnational Corporation (Transcorp) announced the commissioning of a 115 MW gas-fired turbine at its Ughelli power plant in Delta state, committing to its former promise to generate 25% of Nigeria‘s total ...

Nigeria to Export Gas to Morocco

Nigeria is currently planning to export gas to Morocco and other countries along the sub-Saharan region.

Nigeria’s NLNG to Resume Industrial Gas Supply

The Nigeria Liquefied Natural Gas (NLNG) Ltd. said it is rectifying the pipelines which exploded in February in Rivers, to ensure resumption of industrial gas supply within mid-March.

Nigeria: NLNG Expansion Can Triple Gas Reserves

The construction of Trains 7 and 8 would require a total investment of as much as $25b, and would generate three times as much gas as the country’s proven reserves.

Aiteo Produces 90,000b/d of Oil in Nigeria’s OML 29

Aiteo announced it has achieved a peak production of 90,000b/d of oil in one year after its acquisition of Nigeria’s Oil Mining Lease (OML) 29.

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