NNPC, Seplat Set to Deliver 300m Standard Cubic of Gas Daily - THISDAYLIVE via thisdaylive
The federal government is on the verge of ending the perennial shortfall in domestic gas supply with the inauguration of the Asa North/Ohaji South Gas Processing Company, expected to deliver 300 million standard cubic feet of gas per day to the domestic market.
A statement, yesterday, by the General Manager, Group Public Affairs Division, NNPC, Ndu Ughamadu, quoted the Group Managing Director of the NNPC, Dr. Maikanti Baru, as saying, “We believe that a private sector-driven project should deliver much faster, hence we came up with a structure outside the existing Joint Venture with the intent of getting the appropriate entities to participate in the project.
However, he emphasised that NNPC was fully committed to the initiative and would do whatever was possible to keep the dream alive and ensure smooth delivery of the project. Mohammed described the inauguration as history in the making, noting that this was the first time a midstream company had been unbundled to run on its own from JV operations. He expressed confidence that the board members would ensure full activation of the shareholders agreement and grow the company to enviable heights in line with agreed timelines.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Repairs on Escravos — Lagos gas pipelines completed – NNPC
Read more »
Delta communities report NNPC to presidency, NASS - Daily Post NigeriaHost communities to the Warri Petrochemical Company, WRPC, has called on the presidency, the National Assembly, the Delta State Government, traditional rul
Read more »
I don't fall sick any more, former NNPC staff reveals what he used (Sponsored) - Daily Post NigeriaAre you one of those who have health challenges ranging from malaria, typhoid, High Blood Pressure, Diabetes, Weakness in the Bedroom, Infections, Ulcer, E
Read more »
NNPC to bridge products supply gap – Baru - Vanguard NewsThe Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the corporation plans to bridge the gap of petroleum products supply in the country.
Read more »
Group advises NNPC not to relocate NGMC office to Abuja - Vanguard NewsThe Amalgamated Niger Delta Force has advised NNPC not to yield to alleged moves by certain cabal in the company to relocate Nigerian
Read more »
NNPC begins additional 2bn litres PMS monthly supply – Daily TrustThe Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru has said that to sustain the present...
Read more »
NNPC begins additional 2bn litres PMS monthly supply – Daily TrustThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru has said that to sustain the present seamless supply of petrol across the country, the NNPC was adding 2 billion litres of Premium Motor Spirit (PMS), otherwise called petrol to its stock every month with effect from April. The GMD said …
Read more »
NNPC saves $2.2bn from DSDP scheme - Vanguard NewsThe Nigerian National Petroleum Corporation, NNPC, Thursday, disclosed that it has saved $2.2 billion since the introduction of the Direct Sales, Direct Purchase scheme, DSDP.
Read more »
NNPC targets 14bn litres fuel supplies from fresh DSDP contracts – Daily TrustThe Nigerian National Petroleum Corporation (NNPC) on Thursday said it is targeting about 14bn litres of products supplies in a year...
Read more »
Baru: Why Nigeria Must Unlock New Oil Reserves - THISDAYLIVEThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has warned that Nigeria is facing stiff competition from new oil and gas discoveries in Africa and the world. Owing to this, the NNPC boss has stressed the need for the country to open up new barrels of oil reserves to …
Read more »
Gas Flaring: FG to Hand over Sites to Investors by 2020 - THISDAYLIVEStories by Chineme Okafor in Abuja Investors who get the nod of the federal government to capture and commercialise flared gas in the ongoing Nigerian Gas Flare Commercialisation Programme (NGFCP) will be handed over their preferred flare sites by May 2020, a timeline of the programme has disclosed. According to the timetable shared by the …
Read more »