The Nigerian National Petroleum Company Gas Marketing Limited (NGML), a subsidiary of NNPC Limited, has signed a Gas Sale and Purchase Agreement with Dangote Petroleum Refinery and Petrochemicals, Lagos, to supply natural gas for power generation and as feedstock for the refinery. The agreement was executed by NGML’s Managing Director, Justin Ezeala, and Dangote Group’s … Read more
Eko Hot Blog reports that the state-owned Electricity Company of Ghana (ECG) has announced that the country will experience a three-week interruption in power supply. This extended outage is set to affect numerous regions across Ghana, as the company works to address underlying issues and manage reduced gas supplies from Nigeria. The West African country … Read more
FG To Revoke Meter Contract From Foreign Company. $200 million mobilized, but three million meters still pending. Gas supply shortage hampers power generation despite government debt to suppliers. EKO HOT BLOG reports that the Federal Government has hinted that it might revoke a meter contract awarded to a foreign company named Zigglass Limited. The Minister of … Read more
NERC Chairman warns of potential ₦3.2 trillion subsidy burden if electricity tariff hikes are reversed. Financial strains in the power sector highlighted, including issues with gas supply and foreign exchange fluctuations. House Committee on Power acknowledges complexities, emphasizing the need for sustained investment and tariff adjustments. EKO HOT BLOG reports that the Chairman of the Nigeria … Read more
Oando Plc through its upstream subsidiary Oando Energy Resources has signed two Gas Supply Agreements (GSA) with the Nigeria Liquefied Natural Gas Limited (NLNG). The agreement is on the renewal of gas supply for the existing Trains 1-3 for a term of 10 years and for gas supply for the impending Train 7 for a … Read more