Nigeria may curb the supply of natural gas to Ghana because the country hasn’t paid more than a year of bills for the fuel, the West African Gas Pipeline Corporation said.
Ghana stopped paying for the fuel from Africa’s largest economy in August of 2014, Harriet Wereko-Brobby, spokeswoman for the pipeline company, told Bloomberg.
Read more @ Thisday Online
The lengthy shutdown of a liquefied natural gas (LNG) plant is helping push Angola’s crude oil exports to their lowest levels since 2006, having clogged offshore platforms with unwanted gas supplies and forced operators to limit extraction.
The major reconstruction required to fix design flaws at the LNG plant and replace nearly-new equipment that has already corroded could keep it shut beyond a planned restart in mid-2015.
Read more @ Businessday
THE Federal Government has earned about $85 billion from the operations of the Nigerian Liquefied Natural Gas (NLNG) in the past 15 years.
The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Babs Omotowa, who disclosed this at the Chartered Institute of Personnel Management of Nigeria (CIPM) conference in Abuja Tuesday, stated that Nigeria LNG Limited has de-mystified the various malignant myths about doing business in Nigeria as it has delivered sterling performance within its 15 years of operation.
Read more @ The Guardian
The Managing Director of Nigeria Liquefied Natural Gas (NLNG) Ltd, Babs Omotowa has said the company provided about five per cent of Nigeria’s revenue projection for the 2014 through its income tax payment to the federation.
Omotowa also said, having exhausted its tax holiday period, about 70 per cent of value generated by the company now goes to the government and people of Nigeria.
Read more @ Thisday Live
Paris, September 30, 2014 – Total is launching its new international multimedia advertising campaign simultaneously in 21 countries on October 2nd to develop the Group’s brand awareness. The campaign highlights Total’s operations in oil production, refining and marketing, as well as its role as a major player in natural gas (50% of its output) and as the global number two in solar power, through its subsidiary SunPower.
The campaign provides a tangible illustration of the meaning behind the Group’s new baseline, “Committed to Better Energy”, which puts the emphasis on producing “better”, not “more”.
In this way, the Group is sharing its conviction that the path to a responsible energy future lies first and foremost in energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible.
To help shoulder this commitment, a large number of Group employees were involved in producing the campaign, and most of the scenes in the commercial were filmed at Total sites.
“Total is a leading global energy company. It needs a powerful brand over the long term to support the growth of its businesses. This large-scale campaign is the first of its kind in Total’s history. It reflects both our size and our ambitions,” explains Jacques-Emmanuel Saulnier, Total’s Senior Vice President, Corporate Communications.
“Our vision and our continuous improvement approach – “always better” – are seen on our work on the front lines, alongside and for our stakeholders,” says Mrs. Elisabeth Proust, Managing Director of both Total E&P Nigeria Ltd and Total Upstream Nigeria Ltd. “This isn’t just a promise for the future, it’ s the everyday reality for Total’s 100,000 employees.”
Nigeria’s share of Chinese Liquefied Natural Gas market is being threatened by new supplies from Australia, potential imports from the United States and the recent gas deal between China and Russia.
China, the world’s biggest energy consumer, traditionally imports its LNG cargoes from Qatar, Australia, Malaysia and Indonesia.
Read more @ The Punch
The joint forum of the National Union of Petroleum and Natural Gas (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) yesterday in Enugu threatened to shut down the oil and gas industry in Nigeria if the constant victimisation of its leaders is not stopped forthwith.
The unions specifically lamented the sudden transfer of two of its officials, the Deputy President 2 of NUPENG, Mr. Asuquo Okon who works with AGIP from Lagos to Port-Harcourt and Mrs. Elo Victor Ogbonda, the Port-Harcourt Zonal Secretary of PENGASSAN who was moved to Lagos by Total.
Read more @ Thisday Live
The nation produced 209.10 billion standard cubic feet, BSCF of natural gas in May this year. The output was lower than the April figure of 192.97 BSCF by 16.13 BSCF.
About 9.43 per cent of the total production was flared while the rest was utilised for production in some sector’s of domestic economy.
The Nigerian National Petroleum Corporation (NNPC) also stated in its latest report that the total NGL produced for May 2014 was 140,780 metric tonnes (MT) out of which Mobil had about 51 per cent (71,798 MT) and NNPC 49 per cent (68,982 MT).
Read more @ The Nigerian Tribune
The latest released liquefied natural gas report by International Gas Union Report (IGU) shows that Nigeria is to account for 31 percent of Africa's liquefaction capacity by 2018.
African liquefaction capacity stood at 66.8 million tonnes per annum (MTPA) in 2013 and it was projected to rise to 71.5 MTPA in 2018 with the introduction of new capacity in Algeria and Angola. Of the Africa liquefaction capacity for 2018, Nigeria is expected to account for 21.9 MTPA or 31 percent.
Read more @ Businessday Online
The Minister of Petroleum Resources, Mrs Diezani Allison-Madueke and leaders of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Nigerian Union of Petroleum and Natural Gas workers (NUPENG) Thursday refused to honour the invitation of the
joint House of Representatives Committee on Petroleum (Downstream & Upstream) and Gas Resources.
The meeting was meant to forestall the planned nationwide strike by the aforementioned unions.
But the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) Joseph Dawah, who also didn't show up described the lingering crisis is “an internal affair”.
Read more @ Thisday Live
The strike embarked upon Tuesday by workers of the Nigerian National Petroleum Corporation (NNPC) over unresolved pension issues and problems with the refineries may affect crude oil exports.
Spokesman for the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Babatunde Oke, said all junior and senior workers of NNPC are on strike over a disagreement with the government on pensions and problems with the refineries.
Read more @ Thisday Live
Japan, South Korea and Spain accounted for 53 percent of Nigeria Liquefied Natural Gas (NLNG) exported in 2013 as shown by International Gas Union (IGU) report, which was made public recently.
Nigeria exported a total of 16.89 million tonnes of LNG from six trains of projects in 2013 about 15 percent less than 19.95 million tonnes recorded in 2012.
Read more @ Businessday
The Nigerian Liquified Natural Gas (NLNG) Company has signed a $1.5 billion contract with a South Korean firm to construct six new ships for the liquified gas company.
The Managing Director of NLNG, Babs Omotowa, who spoke in Abuja at the weekend, said the bidding and tendering for the project were transparent, arguing that the gas firm “got value for money when you look at our estimates and benchmarks”.
Read more @ The Nation
There is growing tension in both the downstream and the upstream sectors of the oil and gas industry, following a 14-day ultimatum handed over to Nigerian Agip Oil Company (NAOC) by the Port Harcourt Zone of the Nigerian Union of Petroleum and Natural Gas (NUPENG), THISDAY has learnt.
Rising from their August 11, 2014 emergency meeting, NUPENG had handed over an ultimatum to NAOC to respect the April and June 2014 letters from the National Petroleum Investment Management Services (NAPIMS), a subsidiary of the Nigerian National Petroleum Corporation (NNPC).
The letters, according to NUPENG, directed the Italian company to discuss the stop-gap contract of turbine and related equipment maintenance contract in OB|OB, Ebocha and Kwale with Arco Petroleum Nigeria Plc.
Read more @ Thisday
Nigeria may curb the supply of natural gas to Ghana because the country hasn’t paid more than a year of bills for the fuel, the West African Gas Pipeline Corporation said.
The Managing Director and Chief Executive Officer of Nigeria LNG Limited, Babs Omotowa, who disclosed this at the Chartered Institute of Personnel Management of Nigeria (CIPM) conference in Abuja Tuesday, stated that Nigeria LNG Limited has de-mystified the various malignant myths about doing business in Nigeria as it has delivered sterling performance within its 15 years of operation. 
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