Nigeria | Egypt Oil & Gas - Part 19

Lekoil Pumped Oil from Otakikpo to Storage Tanks

Lekoil in its operational update, announced that oil is flowing at the Otakikpo marginal field in Nigeria to onshore storage tanks, where it will later be transferred upon completion of the offshore pipeline, Ecofin A...

Tanzania, Dangote Agreed in Gas Supply Deal

Nigeria’s Dangote Cement have reached a deal with Tanzania on the supply of natural gas to the firm’s manufacturing plant in the East African country after negotiations stalled over prices, Reuters reporte...

India to Import Nigerian Crude Worth $3.85b

Indian state-run oil refiners have indicated interest to increase total crude oil consumption volume with additional 2m tons of crude oil import from Nigeria in 2017, informed Vangard. A meeting between three Indian s...

West African Banned “Dirty Fuels” Imports

Five West African countries have announced measures to end the practice of European oil companies and traders exporting “dirty diesel”, The Guardian reported. Swiss commodity traders were accused in a report published...

Nigeria Completed Test Run Power Project

Nigeria’s Sokoto State government successfully conducted a test run of its $9.4m independent power project (IPP), informed ESI Africa. The project, the first of its kind in the northern part of the country, has an ins...

Morocco, Nigeria to Build Gas Pipeline

Nigeria’s Minister of Foreign Affairs, Geoffrey Onyema, announced that Nigeria and Morocco have signed a joint venture to construct a gas pipeline that will connect the two nations as well as some other African ...

Nigeria to Search for Oil in the Gulf of Guinea

As part of efforts to boost the country’s reserves, the state-owned energy company, Nigerian National Petroleum Corporation (NNPC), has announced that it is ready to explore for crude oil in the Gulf of Guinea, declar...

Nigeria Lost 130m Barrels of Crude

Nigeria has lost over 130m barrels of crude oil from January to November this year to the activities of 32 militant groups in the Niger Delta region since the resurgence of militancy in the oil-producing region in 201...

Nigeria Exempted from OPEC Output Cuts

Nigeria got special concessions as the Organization of Petroleum Exporting Countries (OPEC) reached the much sought consensus to cut oil production by 1.2m b/d, effective January 2017, informed Premium Times. A statem...

Nigeria, GE Sign Solar Power Plant MoU

The Northern States Governors’ Forum and the General Electric (GE) International signed a memorandum of understanding (MoU) for the construction of five solar plants, which would generate 500MW of electricity in some ...

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