Nigeria | Egypt Oil & Gas - Part 15
NNPC Received 128 Oil-for-Fuel Bids
The Nigerian National Petroleum Corporation (NNPC) announced it has received 128 bids from companies that are interested in swapping processed fuel for 800,000b/d of unrefined crude in 2017, reported Ecofin Agency. NN...
AfDB to Run Nigeria’s Power Company
African Development Bank’s (AfDB) energy expert, Usman Gor Mohammed, was appointed to run Transmission Company of Nigeria (TCN), owned by Nigeria’s Power Ministry, in attempts to enhance the current power situat...
West Africa Eyeing LPG Vessels from US
Newly built Liquefied Petroleum Gas (LPG) vessels, MT Africa Gas and MT Sahara Gas, are set to commence operations that will see them berth in Houston, US, to convey their first ever consignment of gas expected to be ...
Nigeria’s Bonny Light Crude Price Increased
The price of Nigeria’s Bonny Light crude oil increased to $53.91 per barrel in December 2016, up from $42.20 in November, a difference of $11.71. This is the second highest among the Organization of the Petroleum Expo...
Eland to Restart Production from Nigeria’s Opuama Field
Eland Oil & Gas finalized its export option for the Opuama field in Nigeria; the crude will be exported by ships. Production from the field has restarted into the main storage vessel and the shuttle vessel will sh...
Kachikwu: Nigeria to Produce 3mb/d of Crude
Nigeria’s Minister of State Petroleum Resources, Ibe Kachikwu, said that the country is capable of producing 3mb/d of crude from the Niger Delta region. In line with that, he also added: “It is important we cont...
West Africa Boosts Crude Supply to Asia
West African oil producers, led by Nigeria and Angola, are expected to send the most crude to Asia in January in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring...
Nigerian LNG Shipped to Portugal
Nigeria has shipped a 141,000cm liquefied natural gas (LNG) cargo to REN’s Sines LNG import terminal on Portugal’s Atlantic coast, reported LNG World News. The Portuguese LNG terminal located in the industrial area of...
