Iran is moving swiftly to protect its interests after Kuwait and Saudi Arabia agreed a deal to develop a contested gas field in the Gulf. [Gas in Transition, Volume 2, Issue 4]
By Solomon Asowata
The year 2020 has undoubtedly been one of the most difficult years for the oil and gas industry globally in the last few decades.
It saw the Coronavirus pandemic grip nations across the globe, necessitating countries and states to lock down their borders for some time, thereby preventing movement of persons, goods and services for months unless under special circumstances.
This restriction of movement affected many sectors of the economy, but one of the worst hit was the oil and gas industry which fuels mobility of mankind and businesses across the globe.
With a sharp drop in air and land movement, the demand for Jet A1 (Aviation fuel) , Diesel and Premium Motor Spirit (PMS) also known as petrol declined drastically.
Buhari Vows To Deepen Gas Penetration In Nigeria
Buhari Vows To Deepen Gas Penetration In Nigeria
December 22, 2020
BEVERLY HILLS, December 22, (THEWILL) – President Buhari said Nigeria has moved a step closer to the nation’s dream of attaining self-sufficiency in liquefied petroleum gas production through the full utilisation of the nation’s abundant gas potentials.
The President made this known on Tuesday at the commissioning of the Integrated Gas Handling Facility and LPG Processing and Dispensing Plants built and operated by the Nigerian Petroleum Development Company, an Upstream Subsidiary of NNPC in Oredo, Edo State.
Buhari noted that his administration would support the on-going drive towards providing alternatives to auto fuel under the National Gas Expansion Program initiative.
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President Muhammadu Buhari has said that Nigeria is getting closer to self-sufficiency in Liquefied Petroleum Gas production (LPG).
The President stated this on Tuesday while commissioning the Integrated Gas Handling Facility and LPG Processing and Dispensing Plants built and operated by the Nigerian Petroleum Development Company, an Upstream Subsidiary of NNPC in Oredo, Edo State.
He said that the Oredo Integrated Gas Handling Facility and its associated NGLs depot will be delivering 240,000 metric tons of commercial-grade Liquefied Petroleum Gas and Propane. “It will also deliver about 205 million standard cubic feet per day of lean gas to the domestic market.