Daily Monitor
Friday January 15 2021
Mr Ofwono Opondo told journalists at the Media Centre yesterday that the Local Content Policy for the Oil and Gas Industry in Uganda demands that companies awarded oil contracts start training locals in the next two weeks in readiness for oil production by 2021. FILE PHOTO
Summary
Seven of the 11 presidential candidates have the two sub-sectors of petroleum and mining in their manifestos and spoke about their plans on the campaign trail
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The extractives sector has not featured that prominently in the campaigns for Uganda’s 2021 presidential elections.
Seven of the 11 presidential candidates have the two sub-sectors of petroleum and mining in their manifestos and spoke about their plans on the campaign trail. The candidates are incumbent Yoweri Museveni, National Unity Platform’s Robert Kyagulanyi, Forum for Democratic Change’s Patrick Amuriat and Gregg Mugisha Muntu of the Alliance for National Transformation. Others are
This is lower by 34.21% or RM11.51/MMBtu compared to the 2020 average natural gas selling price, said Gas Malaysia Bhd in a filing with Bursa Malaysia
KUALA LUMPUR: The average natural gas selling price applicable for Gas Malaysia Energy and Services Sdn Bhd from Jan 1 to March 31,2021, will be set at RM22.14/million British Thermal Units (MMBtu).
This is lower by 34.21% or RM11.51/MMBtu compared to the 2020 average natural gas selling price, said Gas Malaysia Bhd in a filing with Bursa Malaysia.
The selling price revision has included the transportation tariff of RM1.19 per MMBtu, the legacy gas cost pass-through of RM0.62 per MMBtu and distribution tariff of RM1.88 per MMBtu as previously approved by Suruhanjaya Tenaga.
Waiting for days to get delivery of liquefied petroleum gas (LPG or cooking gas) cylinder may soon be a thing of the past. Indian Oil Corporation (IOCL) is planning to roll out a Tatkal LPG Seva in a bid to ensure that consumers get cooking gas cylinder on the day it is booked. “Every state/union territory should identify at least one prominent city/district were Tatkal LPG Seva can be rolled out for LPG SBC (single bottle cylinder) consumers in that area. Under this scheme, we will ensure delivery of LPG cylinder to our consumers within a span of 30/45 minutes from the time of booking,” a note from IOCL’s top management said.
By Peter Uzoho
Excessive administrative and other sundry charges by the Department of Petroleum Resources (DPR), the Petroleum Products Pricing Regulatory Authority (PPPRA), among others, have caused an astronomical rise in the price of Liquefied Petroleum Gas (LPG) commonly known cooking gas, THISDAY’s investigation has revealed.
Also, insufficient supply of LPG to local marketers by the Nigeria Liquefied Natural Gas (NLNG) Limited, which is the major supplier of the product in-country, has also contributed to the scarcity of the product and the resultant increase in price lately.
The numerous charges by the regulators have forced the marketers of the product to hike the price at their stations, resulting in consumers having to pay more for cooking gas, which the federal government is projecting as the preferable cooking fuel.
By Solomon Asowata
Lagos, Jan. 11, 2021 The Major Oil Marketers Association of Nigeria (MOMAN) says the Federal Government needs the support of the private sector, to successfully implement the National Gas Policy aimed at deepening gas utilisation in Nigeria.
Mr Tunji Oyebanji, Chairman, MOMAN, told the News Agency of Nigeria (NAN) on Monday in Lagos that the nation would soon begin to reap the benefits of the government’s gas policies.
NAN reports that some of these policies included the Autogas Scheme, which was formally inaugurated on Dec. 1 by President Muhammadu Buhari and the National Gas Expansion Programme.
Oyebanji said: “we believe that there will be a lot of activities in the gas sector this year, both Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG).