Nigeria | Egypt Oil & Gas - Part 25
Nigeria Enhanced Fuel Storage
The Nigerian National Petroleum Corporation (NNPC) increased the country’s storage capacity for petroleum products by 87.7m liters, with the re-commissioning of four product tanks at the Mosimi depot in Ogun Sta...
Marginal Fields Contributed 3% to Nigeria’s Crude
Nigeria’s marginal oil fields contributed 3% of the country’s crude oil production during a 12-month period from July 2015 to June 2016, Vanguard reported. Terminal data from the Nigerian National Petroleum Corporatio...
Nigeria to Payoff Energy JV Arrears with Royalties, Taxes
The Nigerian National Petroleum Corporation (NNPC) revealed that its Joint Venture (JV) payment structure necessitates an urgent review, stating that, oil and gas royalties and taxes would be used in liquidating outst...
Shell Shutdown Nigerian Crude Pipeline
Shell Nigeria shutdown the 180,000b/d Trans Niger Pipeline (TNP), a key oil pipeline in Nigeria that carries Bonny Light crude oil for exportation, All Africa reported. The company halted operations at the pipeline as...
Miltants Attacked Nigeria’s Bonny Crude Pipeline
The Niger Delta Avengers (NDA) has claimed responsibility for bombing the Bonny 48-inche crude oil export line in Rivers State in Nigeria, Punch reported. Nigeria’s oil and gas infrastructure has long suffered f...
Nigerian Workers Opposed the Sale of Oil, Gas Assets
Nigeria’s Trade Union Congress (TUC) has vowed to mobilize Nigerians and resist the sale or concession of the Nigeria Liquefied Natural Gas Company Ltd. (NLNG), All Africa reported. Moreover, the country’s...
Nigeria Earned $1.7b from Oil, Gas Exports in Q2 2016
According to the Central Bank of Nigeria (CBN), the country’s federal government earned $1.7b from oil and gas exports during the second quarter of 2016, Today.ng reported. This was lower than the provisional qu...
Nigeria to Consider Shutting Its Biggest Power Station
Nigeria’s Egbin Power Plc said it might shutdown the nation’s largest power station amid liquidity and gas supply issues threatening operations at the facility, Nigerian Bulletin reported. Power generated by the Egbin...
