Thursday 30 June 2016

POWER SECTOR OWES GAS FIRMS N100BN

Power sector gas invoice arrears increased to N100bn from N40bn as of September 2014, the Chairman, Oil Producers Trade Section and Managing Director, Chevron Nigeria, Mr. Clay Neff, said on Wednesday.
 
He stressed the need to immediately implement the gas supply aggregation agreements and put a stop to the build-up of arrears under the legacy Nigeria Gas Company contracts regime
 

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