The Presidential Compressed Natural Gas Initiative (P-CNGI) says the Mobility-CNG Supply Framework will ensure affordable, uninterrupted and adequate autogas supply to end-users in the country. Mr Michael Oluwagbemi, Programme Director, P-CNGI, said this during the unveiling/implementation of the Mobility-CNG Supply…
Dangote Refinery’s Fuel Distribution Scheme to Cut Inflation, Boost Jobs – Experts
A recent initiative by the Dangote Petroleum Refinery, involving the distribution of Premium Motor Spirit (PMS), diesel and other petroleum products to marketers, petrol station operators, manufacturers, telecommunications companies, the aviation sector, and other large-scale users, with free logistics support,…
MEMAN: Nigeria’s Fuel Import Costs Surge Amid Forex Pressures and Crude Price Stability
Nigeria’s downstream oil market is facing heightened volatility as new data from the Major Energy Marketers Association of Nigeria (MEMAN) Competency Centre reveals a significant rise in the estimated cost of importing refined petroleum products. The MEMAN Energy Bulletin released…
Petroleum Industry Experts Demand Removal of NMDPRA’s Aminu Said Ahmed from New NNPC Board, Cite Non-Compliance with PIA Act
A number of petroleum industry experts have faulted the appointment of Aminu Said Ahmed of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) into the newly reconstituted Board of the Nigerian National Petroleum Corporation (NNPC) Ltd. They sounded the…
NMDPRA: Nigeria’s CNG Conversion Capacity Surges by 2,500%, Over 50,000 CNG Vehicles In Operation Nationwide
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said that the country’s Compressed Natural Gas (CNG) conversion capacity increased by over 2,500 per cent in 2024. Mr Farouk Ahmed, Authority Chief Executive, NMDPRA, said this on Thursday in…
NMDPRA To Review 0.5% Gas Infrastructure Fund for PIA Compliance Amid Stakeholder Concerns
* To Halt Gas Supply To GENCOS Over N2trillion Debt The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to reassess the 0.5% levy associated with the Midstream Downstream Gas Infrastructure Fund (MDGIF) to ensure compliance with…
OTL: MDGIF Highlights Integrated Policy, Infrastructure, and Tech Investments as Crucial for Tapping Nigeria’s Abundant Gas Reserves
…Calls for Ongoing Government Support as Nigeria’s Gas Pipeline Network Meets Only 10% of Local Demand The Midstream and Downstream Gas Infrastructure Fund (MDGIF), operating under the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has indicated that a comprehensive…
OTL Africa: Nigeria’s Oil Industry Targets 3 Million Barrels Daily and Increased Gas Utilization to Become a Net Exporter – NMDPRA
* Issues Nine Licenses to Establish (LTEs), Seven Licenses to Construct (LTCS), and Four Licenses to Operate (LTOS) for modular refineries. With the spate of ongoing reforms and investments in the oil and gas sector, Nigeria is set to become…
NMDPRA Confirms Headline Sponsorship of OTL Africa Downstream Energy Week 2024
Asserting its confidence in the market it is regulating, the Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA has confirmed it will undertake headline sponsorship of OTL Africa Downstream Energy Week 2024. NMDPRA comprises of three defunct regulatory agencies; Petroleum…
Lokpobiri, Minister of State for Petroleum Resources Holds Key Meeting with Dangote, Regulatory Authorities, and NNPC Leadership
Senator Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) today led a crucial meeting involving top stakeholders to address issues surrounding the Dangote Refinery. Key participants included; Aliko Dangote, Chairman and CEO of Dangote Group; Farouk Ahmed, CEO of…