Nigeria | Egypt Oil & Gas - Part 34

Nigeria to Speed Up Oil&Gas Contracts

Nigeria is determined to cut the contracting cycle –the time between the bidding process and the actual award of contracts– in the country’s oil and gas industry from the current average period of two to four years, ...

Buhari Vows to Deal With Oil Militants

Nigeria’s President Buhari has vowed to crack down on groups responsible for attacks on oil pipelines, which have contributed to a fuel shortage in the country. "We will deal with them the way we dealt with Boko Hara ...

Nigeria’s Army Commissions its First Oil&Gas Filling Station

The Nigeria Army (NAPL) has commissioned its first oil and gas filling station, that was recently built in Minna, Niger state capital. The army plans to build filling stations in 36 states of Nigeria in total.

Nigeria’s Forcados Oil Pipeline Unlikely to Operate Before June

The repair works on the pipeline feeding Nigeria's Forcados crude oil to the export terminal are expected to continue until June. The grade has been under force majeure since mid February, a week after a pipeline lea ...

China Offers Nigeria $6b Loan to Fund Infrastructure

After months of talks, China has offered Nigeria a loan worth $6b to fund infrastructure projects, according to the Nigerian foreign ministry.

NNPC Raises Fuel Supply to Abuja, Other States

The fuel supply and distribution situation in Nigeria is gradually easing out after the Nigerian National Petroleum Corporation increased the distribution of Premium Motor Spirit (PMS), known as petrol.

Nigerian Environmental Groups Call for Audit at Agip Oilfields

The Environmental Rights Action / Friends of Earth Nigeria (ERA/FoEN), called for a comprehensive audit of safety procedures at Agip oil fields in Bayelsa following frequent fatal explosions.

Pirates Kidnap Turkish Cargo Ship Crew off Nigeria’s Coast

Six Turkish members of a cargo ship's crew have been kidnapped by pirates off the coast of Nigeria, a spokesman for the Nigerian navy said.

Nigeria Destroys 400 Illegal Mini-Refineries Despite Scarcity

The Nigerian Security and Civil Defence Corps, NSCDC, informed it had recently destroyed more than 400 illegal mini-refineries operated by oil thieves. The measure was met with criticism as it is not believed to be t ...

Nigeria’s NNPC loses $121.63m due to Vandalism

The Nigerian National Petroleum Corporation (NNPC) said it recorded around $121.63m loss in February, when gas supply decline of 70mscf/d to power plants due to vandalism of the Forcados export line.

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