Latest Breaking News On - நைஜீரியன் வாயு நிறுவனம் வரையறுக்கப்பட்டவை - Page 1 : comparemela.com
Electricity: Nigerian Gas Sales To Ghana, Benin, Togo Hit $6 47m |
naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
Electricity: Nigerian gas sales to Ghana, Benin, Togo hit $6 47m
ghanavisions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanavisions.com Daily Mail and Mail on Sunday newspapers.
Domestic gas prices of about USD2.9/mcf on average until 2024
Upstream production ramping up to above 60kboe/d in 2023
Dividends of about USD59 million a year up to 2024
Fitch’s Key Assumptions for Recovery Analysis:
The recovery analysis assumes that Seplat would be reorganised as a going-concern (GC) in bankruptcy rather than liquidated.
Seplat’s post-reorganisation, going-concern EBITDA is estimated at around USD223 million, based on the current asset base. A drop in EBITDA to the going-concern level reflects risks associated with hydrocarbon price volatility, potential unplanned downtime and other adverse factors
We have applied a distressed enterprise value (EV)/EBITDA multiple of 4.5x to calculate a going-concern EV, reflecting a mid-cycle multiple for the natural resources sector in the EMEA region and the risks associated with the operating environment in the country of operation.
Ogiemwonyi: Mr Local Content @ 70 - By:
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.
The monies were given for oil and gas supply, Dataphyte found.
Oil sales are Nigeria’s largest revenue source, and revenue shortages due to defrayed costs could cause a severe financial burden, including an increase in borrowings. This was evident in the corporation’s financial account, with the posting of a loss of ₦16.3 billion in
2019 while the overall Group reported a ₦20.2 billion loss. In 10 years, it reported a
combined loss of ₦474 billion and ₦1.55 trillion, respectively.
NAPIMS and Kaduna refinery owe the bulk of unpaid bills
A breakdown of the credit sales showed that the loss-making Kaduna refinery and National Petroleum Investment Management Services (NAPIMS), a subsidiary managing the Nigerian government’s investments in the upstream sector, owed NNPC in unpaid bills to the tune of ₦470.08 billion and ₦534.8 billion, respectively.