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NCDMB Targets Completion of 8 oil and Gas Projects in 2yrs

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The Nigerian Content Development and Monitoring Board (NCDMB), says it plans to complete eight oil and gas projects within the next two years.

Mr Simbi Wabote, the Executive Secretary, NCDMB, made the disclosure on Tuesday at the opening of the virtual 2021 Nigerian Oil and Gas Opportunity Fair (NOGOF).

According to him, the completion of the projects will boost local capacity and create job opportunities for Nigerians.

The two-day fair has as its theme: ‘Leveraging Opportunities and Synergies for Post Pandemic Recovery of the Nigerian Oil and Gas Industry’.

Wabote said the projects include completion and commissioning of two additional modular refineries in Edo and Bayelsa states following the successful completion of the Waltersmith Modular Refinery at Ibigwe, Imo State

“This implies delivery of one modular refinery per year within a three-year period.

“We shall complete and commission composite Liquefied Petroleum Gas (LPG) cylinder manufacturing plants with combined capacity of 1.2 million cylinders per annum in Bayelsa and Lagos State

“We shall commission three other projects dedicated to gas processing, LPG bottling, and production of base oil.

“We shall commission and commence operations from our industrial parks at Odukpani and Emeyal-1 in Bayelsa State.”

The executive secretary said NCDMB had so far  committed a total of 332 million dollars to attract project developments valued at 3.7 billiondollars under its commercial ventures partnership programmes.

Also speaking, Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) said there was abundant opportunities for both foreign and local investors in Nigeria’s petroleum sector.

Kyari said the conference would further foster institutional collaboration and participation of indigenous company’s oil and gas activities in order to maximise the benefits of the huge oil and gas resources for the people.

On his part, Senator Teslim Folarin, Chairman, Senate Committee on Local Content, said the National Assembly would continue to support efforts geared toward quick recovery of the oil and gas sector from the COVID-19 pandemic.

Folarin commended the NCDMB for developing local capacity and participation in the industry, stressing that the lawmakers were ready to continue to support the board’s objective.

In his keynote address, Chief Timipre Sylva, Minister of State for Petroleum Resources, said NOGOF was a key platform for showcasing upcoming opportunities in the upstream, midstream and downstream sectors of the industry.

The minister who was represented by his Chief of Staff, Mr Moses Olamide, said the last edition of NOGOF which held in 2019 put Nigeria on the spotlight and opened a plethora of opportunities for indigenous companies to key into the industry across the entire value chain.

Sylva noted that the theme of the conference was very apt as Nigeria must begin to look at ways to accelerate the recovery of the industry post COVID-19.

He, therefore, urged participants and other stakeholders to use the fair to evaluate the opportunities, discuss strategies and form synergies that would ensure recovery and growth of the industry. (NAN)

Oil & Gas

Local Content: Firm Trains Youths on Emissions Management

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By Torough David , Abuja

A company, Alfa Designs Nigeria Ltd. (ADNL) has inaugurated a capacity-building programme focused on Green House Gas (GHG) emissions management for young Nigerian graduates.

This is in a strategic effort to promote sustainable development and deepen local participation in Nigeria’s oil and gas sector.

ADNL’s Group Managing Director,  Mr Fatai Quadri, in an interview in Lagos on Tuesday, said that the initiative was part of ADNL’s corporate social responsibility and local content strategy.

He said it was aimed at nurturing a new generation of environmental professionals with practical skills to address climate-related challenges.

According to him, the programme seeks to empower Nigerian youths with the expertise needed to contribute both locally and globally to the fight against climate change.

He emphasised the importance of building indigenous capacity in emissions management.

“Our objective is to develop a pool of Nigerian experts, who can lead in managing emissions and offering practical solutions to environmental issues.

“This goes beyond Nigeria; it is about building global competence.

“Delivered through the company’s Centre for Emissions Reduction and Monitoring Solutions (ACFERMS), the training combines theoretical knowledge with field-based practice,” Quadri said.

He said that participants were taught carbon accounting, emissions tracking technologies, regulatory compliance, and environmental policy frameworks.

The ADNL boss said that the programme leveraged global best practices and incorporated tools such as the EyeCGas 2.0 Optical Gas Imaging (OGI) camera.

The camera is used to detect and quantify fugitive emissions from valves, flanges, and fittings in simulated real-world scenarios.

According to Quadri, so far, 13 young graduates have completed the programme, gaining insights into key local and international emissions regulations, including the Nigerian Upstream Petroleum Regulatory Commission guidelines.

“Also, the United States Environmental Protection Agency (USEPA) Appendix K Part 40, UNFCCC GHG Reporting Protocols, and the Oil & Gas Methane Partnership 2.0 Framework.

“ADNL has already achieved 100 per cent compliance with USEPA Appendix K, setting a benchmark for regulatory adherence in the sector,” he added.

Quadri said the company planned to take central control of the GHG management process over the next five years by developing a skilled team, enhancing research capabilities, and providing high-quality emissions data.

“With this foundation, we aim to become the industry leader in Optical Gas Imaging and emissions monitoring,” he said.

He also projected that Nigeria could save significant revenue currently lost to uncontrolled leaks, while ADNL would support oil and gas operators in strengthening asset integrity, eliminating substandard equipment, and improving project reliability.

“This is more than just training; it is the beginning of a movement.

“In five years, we envision a Nigeria with a robust emissions management system, outperforming many of its international counterparts,” Quadri said.

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Oil & Gas

PETROAN says Dangote Fuel Plan Threatens Downstream

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 Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) on Monday raised alarm over the plan by Dangote Refinery to start direct nationwide distribution of petrol and diesel.

In a statement issued on Monday, PETROAN spokesperson, Mr Joseph Obele, said the move by Dangote could have consequences on the country’s downstream sector,

According to him, such consequences include widespread job losses and the shutdown of small businesses.

On June 15, Dangote Refinery disclosed its plan to distribute petrol and diesel directly to consumers across Nigeria.

Reacting to this development, PETROAN National President, Dr Billy Gillis-Harry, warned that such strategy could create a monopolistic market structure, stifling competition and threatening thousands of livelihoods in the sector.

“With a production capacity of 650,000 barrels per day, Dangote Refinery should be positioning itself to compete with global refiners rather than engaging in direct distribution within Nigeria’s downstream sector,” Gillis-Harry said.

He stated that this move undermines the survival of independent marketers, truck owners, filling station operators, and modular refinery operators who rely on the existing supply chain structure.

Gillis-Harry noted that Dangote’s dominance could lead to higher fuel prices due to reduced competition and business closures across the fuel retail landscape.

The president said that the situation could also lead to massive job losses among truck drivers, petroleum product suppliers, and station operators

He cautioned that the introduction of 4,000 new Compressed Natural Gas (CNG)-powered tankers by Dangote, which might lower transportation costs, could pose a threat to the jobs of traditional tanker drivers and owners.

“Filling station operators, truck owners, telecom diesel suppliers, and modular refineries are all at risk.

“Dangote’s approach could trigger a pricing penetration strategy aimed at capturing market share and forcing competitors out of the market,” Gillis-Harry added

The PETROAN boss said that Dangote’s market influence might allow for price setting that could disadvantage consumers, noting similar patterns in other industries where the conglomerate operates.

Gillis-Harry, therefore,  urged the Executive Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Minister of State for Petroleum Resources to urgently introduce price control mechanisms and enforce fair competition policies.

“Competition must be protected and encouraged to safeguard consumers, preserve jobs, and maintain a healthy petroleum distribution ecosystem,” he stressed. (NAN)

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Oil & Gas

NNPC Ltd. Records N5.8bn revenue, N748bn PAT in April

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The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a revenue of N5.89 billion and a Profit After Tax (PAT) of N748 billion for the month of April.

The NNPC Ltd. disclosed this in its Monthly Report Summary for April, released on Thursday.

The report highlights key statistics, including crude oil and condensate production, natural gas output, revenue, profit after tax and strategic initiatives during the period.

The report said that NNPC Ltd made statutory payments of N4.

22 billion between January and March.

According to the report, crude oil and gas figures are provisional and reflect only NNPC Limited’s data.

It said that It excluded volumes of independent operators reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

“Crude oil and condensate production averaged 1.606 million barrels per day (bpd) in April, while natural gas production was 7.354 million standard cubic feet daily.

“Petrol availability at the NNPC Ltd. retail stations recorded 54 per cent during the month under review, while upstream pipeline reliability was 97 per cent,” it said.

On its strategic efforts, it said that the company was collaborating with Venture Partners to accelerate Sustainable Production Enhancement.

It said that it completed the implementation of relevant presidential directives and Executive Orders for its upstream operations.

The report listed some Technical Interventions on Ajaokuta-Kaduna-Kano (AKK) pipeline and the Obiafu-Obrikom-Oben (OB3) gas pipelin to resolve challenges of River Niger crossings.

It said that the OB3 gas pipeline project was 95 per cent completed in the month, while the AKK pipeline was 70 per cent completed.

The report said that Turnaround Maintenance (TAM) was completed in several Oil Mining Leases (OML), including OML 18, OML 58, OML 118, and OML 133.

On Refineries Status, it said that the Port Harcourt Refinery Company (PHRC), as well as the Warri and Kaduna refineries were currently under review.

According to the report, all financial figures are provisional and unaudited, and all operational and financial data are for April unless indicated otherwise. (NAN)

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