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Is Nigeria Subsidising Fuel Consumption in West Africa?
The Petroleum Products Pricing Regulatory Agency on Saturday announced that it would commence a comprehensive audit and survey of the country’s downstream oil and gas logistic facilities.
Exxonmobil Chairman and Managing Director in Nigeria Mr. Paul McGrath is optimistic that its pact with the Nigerian National Petroleum Corporation (NNPC) will be fruitful under the Mallam Mele Kyari-led management.
The Nigerian National Petroleum Corporation (NNPC) has said that the rehabilitation of the two Port Harcourt Refineries were still ongoing. Mr Ndu Ughamadu, the Group General Manager, Group Public Affair Division disclosed this to News Agency of Nigeria (NAN), in Abuja, on Monday.
The National Chairman of the Host Communities of Nigeria Producing Oil and Gas, Dr Mike Emuh, says about 10 modular refineries will soon begin operation across the states of the Niger Delta region.
The Nigerian National Petroleum Corporation said on Monday that it had become increasingly difficult to make investment decisions in oil and gas projects in Nigeria.
The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.
The Federal Government says it expects more modular refinery operators who obtained licence to begin operations soon.